Contacts

Kurt Milch

LFC Marketing Services, Inc.

(949) 706-6112

Corrie Brashars

LFC Marketing Services, Inc.

Auction Specialist

(949) 706-6118

Jerry Lymburner

(907) 347-4433

Property Details

Property Type Restaurant
Property Size 7,049 SF
Lot Size 1.53 Acre
Cap Rate % 8.2
Zoning GU-1: Commercial
Date Updated Jan 8, 2024
Visibility/Traffic Count (VPD) 12,900
Website fre.com

This property is listed for sale via online auction. For more information and to review the due diligence section visit https://fre.com/457D21

The Future of Real Estate (FRE) and Powered by Lymburner Realty are pleased to present the Online Auction Plus® Event (allows for contingencies) for a ±7,000 SF Popular Restaurant & Bar includes Real Estate.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Subject property is 13 minutes away from the Fairbanks International Airport.
Fairbanks is the largest city in the interior region of Alaska and the second largest in the state.
Ranked in the top 100 growing cities in the United States.
Conveniently located in East Fairbanks across from Fred Meyer.
Within walking distance to Walmart, Home Depot, Global Credit Union, Lowes, AT&T, Barnes & Noble, Sportsman's Warehouse and more.
Only 3 minutes from Fort Wainwright's Trainor Gate location which has a population of ±24,000 residents.
A 15 minute drive from North Pole and a 25 minute drive from Eielson Airforce Base.
8.2% CAP rate at minimum bid.
Turnkey opportunity to own a thriving business.
Rare beverage dispensary liquor license available that permits the sale of beer, wine, and spirits.
Furniture, fixtures, equipment and food & beverage inventory included.
±7,000 SF stand-alone structure on 1.53 AC with ample parking.
Recently fully renovated to its current spotless condition.
Located in a busy business hub with a traffic count of approx. 1,700 VPD.
Visible from the main Interstate 2 Hwy boasting ~11,200 vehicles per day.

Attachments

Marketing Flyer (PDF) opens in new window

Getting around

57/100
Walk Score ®
27/100
Transit Score ®
88/100
Bike Score ®

Powered by Walk Score ®

City Fairbanks, AK
Zip Code 99701
Market Anchorage

Points of Interest

Fairbanks

1.65 miles
Taxi Hot Spot

6.00 miles

Fred Meyer Gas

0.09 miles
Holiday

0.36 miles
Safeway Fuel Station

0.49 miles
Tesoro

0.88 miles
Sourdough Fuel

1.07 miles
Chevron

1.08 miles
AAFES Express

1.58 miles
Sourdough Fuel

1.94 miles
Chevron

3.33 miles
Tesoro

3.33 miles

UAF CTC Parking

1.49 miles
Red Gate Parking

2.44 miles
Commissary Exchange

2.52 miles
golf cart parking

3.55 miles
University Park

3.81 miles
Physical Plant, East

3.81 miles
Physical Plant, North

3.83 miles
Taku

3.84 miles
Physical Plant, West

3.86 miles
Cooperative Extension Service

3.88 miles

Candlewood Suites Fairbanks

0.38 miles
Holiday Inn Express Hotel & Suites Fairbanks

0.59 miles
Hampton Inn & Suites Fairbanks

0.61 miles
Minnie Street Inn B&B

1.04 miles
The Villages

1.06 miles
Wedgewood Resort

1.10 miles
Bear Lodge at Wedgewood Resort

1.18 miles
Alaska Motor Inn

1.25 miles
Fairbanks Downtown Hostel

1.28 miles
Westmark Fairbanks Hotel

1.28 miles

Fred Meyer

0.16 miles
Walmart Supercenter

0.21 miles
Bentley Mall

0.51 miles
Safeway

0.51 miles
Co-op Downtown Plaza

1.32 miles
Co-op Market

1.48 miles
Co-Op Market Grocery & Deli

1.49 miles
Exchange

2.47 miles
Commissary

2.51 miles
Washington Plaza

3.70 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Popular Restaurant & Bar Includes ±7,000 SF Building and 1.53 AC

1243 Old Steese Highway, Fairbanks, AK 99701