FOR SALE. The Alaska House 1003 and 1005 Cushman Street

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1 The Alaska House 1003 and 1005 Cushman Street FOR SALE Presented by: Shawn Evans Pamela Throop Agent for Seller Alaska Commercial Properties, Inc. 302 Cushman Street Fairbanks, Alaska

2 Disclaimer This package has been prepared for informational purposes to assist a potential purchaser in determining whether they wish to proceed with an in-depth investigation of the property. No representations or warranties, expressed or implied, as to the accuracy or completeness of this package or any of its contents shall be deemed made, and no legal commitment or obligation shall arise by reason of this package or its contents. *Interested parties are expected to review, independently, all documents relating to the property, as to the accuracy and completeness of the information contained herein. This package is subject to errors, omissions, price change or term, physical condition, expenses of operation (past, present or future income), zoning, covenants & restrictions, survey, access, soils condition, water & septic, fuel tanks, contamination, local/state/federal requirements or other matters affecting the value or use of the property. It is your responsibility to ascertain the potential for: flooding-rock slidesavalanches-earthquake area, and other natural hazards. It s the buyer s responsibility to verify, locate survey markers or have the corners located by a qualified person. *Due to the nature of our properties the location of our real estate signs may not warrant the location of the property(s). As in any real estate transaction or investment, we further suggest that you seek legal counsel and financial advice. Most land in the State of Alaska is surface estate only. Government agencies, Native Corporations, etc usually withhold subsurface rights.

3 History The Alaska House Art Gallery features the work of Claire Fejes and other Alaskan artists and is dedicated to preserving and promoting the art of Alaska. The Alaska House was founded in 1964 by artist and author Claire Fejes and her husband Joe. They also established the first art supplies store in Fairbanks. As a 1969 article in The New York Times stated, Claire and Joe moved into a spacious split log and stone house on a residential street. In 1960, they turned the bottom half of the house into an art gallery, Eskimo artifacts repository, and cultural center. With local art, poetry readings, lively music, and a warm bed and dinner always on hand for visitors, the Alaska House quickly became a center of cultural activity and a well-known Fairbanks landmark. As Claire Fejes put it in the New York Times interview, There are always visiting Eskimos sleeping on the couches in our house. And where else could you have Isaac Stern in town for a concert, invite him to lunch and feed him moose steak? The Alaska House is a fine example of the Interior s characteristic log cabin carpentry, designed and hand-built in Today the gallery has maintained the building s original oak floors, high ceilings, and leaded windows, as well as the hand hewn timbers overhead and the river rock fireplace. The three room gallery was re-opened in 2000 by the Fejes family who continue the tradition of specializing in museum-quality Alaskan arts, exhibiting Alaska Native and resident artists, featuring paintings, artifacts, carvings and sculpture, masks, fabric art and hand-crafted jewelry. The gallery maintains a large collection of works by Claire Fejes, including paintings, drawings, and prints. The gallery hosts First Friday events on the first Friday of every month that feature new work by local artists and live music. In August and September of every year, the Alaska House exhibits a memorial show of Claire Fejes work, often including never-before-seen pieces.

4 1003 and 1005 Cushman Street Pan Number: / Legal Description: Building Lot 1A Block 117 Fairbanks Townsite replat /11/95 out of lots 1A, 2C, Block 117 Townsite And Parking Lot Lot 2A Block 117 Fairbanks Townsite Replat /11/ Total Assessed Value: $482, Total Tax Amount: $8, Mill Rate: Building Size: 6,139 square feet +/- Parcel Size: 17, sq. ft. +/- /.4078 Acres Year Built: 1935 Zoning: Flood Zone: CBD X Priced at: $950,000 (Nine Hundred Fifty Thousand Dollars) Terms are Cash

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7 ALASKA HOUSE One of Fairbanks most iconic, beloved, historic properties Anyone who has ever spent anytime in Fairbanks knows and can identify the Alaska House on the corner of 10th and Cushman Street. For the past 57 years the Fejes family has lovingly cared for and maintained the property as a landmark that underscores the rich cultural heritage that celebrated and recorded the life of the indigenous peoples of Northern and Interior Alaska. Now, the family has made the decision it is time to entrust the care of this icon to a new generation that will continue being committed stewards of the culture and the property. As countless communities rush to tear down and urbanize their cities and towns Fairbanks is fortunate that the Fejes have chosen to invest their time and resources to preserved an icon that is a part of every Fairbanksan s identity. Any company that chooses to locate here will have immediate identity as the such and such located in the Alaska House. The owner has compiled a timeline of the major maintenance and upgrades to the property since the family took ownership. They are a wealth of information and eager to share their knowledge and love of the property. A private showing with the Fejes will be arranged for those with interest in owning this magnificent property.

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