- For Sale Minimum bid: $2,800,000
- 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
Attachments
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.
False
Contacts
Jerry Lymburner
(907) 347-4433
Location
Getting Around
-
Walk Score ®
57/100 Somewhat Walkable -
Transit Score ®
27/100 Some Transit -
Bike Score ®
88/100 Very Bikeable
- 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
-
The Banks
0.01 miles
-
The Hungry Robot
0.17 miles
-
AHA Oriental Kitchen
0.24 miles
-
Good Titrations
0.39 miles
-
Irashai
0.49 miles
-
McDonald's
0.50 miles
-
Sonic
0.51 miles
-
Papa John's
0.62 miles
-
Great Harvest Bread Co.
0.62 miles
-
Bruegger's Bagels
0.63 miles
-
Nordale Elementary School
0.58 miles
-
Ladd Elementary
0.69 miles
-
Tanana Middle School
0.79 miles
-
Spruce Tree Montessori
1.24 miles
-
Fairbanks BEST Homeschool
1.30 miles
-
UAF Community and Technical College
1.54 miles
-
Barnette Magnet School
1.75 miles
-
Lathrop High School
1.91 miles
-
Arctic Light Elementary School
1.93 miles
-
Denali Elementary School
2.14 miles
-
Bunnell House Early Childhood Lab School
4.06 miles
Frequently Asked Questions
What is the total square footage of Popular Restaurant & Bar Includes ±7,000 SF Building and 1.53 AC?
Popular Restaurant & Bar Includes ±7,000 SF Building and 1.53 AC totals 7,049 square feet.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.