Most listings are in the $20's per square foot per year. The Downtown Fairbanks submarket is going through a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year.
In the last 90 days, 0 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the Downtown Fairbanks are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 8,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1975.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Fairbanks folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.