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

For Sale

1243 Old Steese Highway, Fairbanks, AK 99701

This Fairbanks property for sale is located at 1243 Old Steese Highway. Contact the listing broker for details on the current sale price for Popular Restaurant & Bar Includes ±7,000 SF Building and 1.53 AC. Popular Restaurant & Bar Includes ±7,000 SF Building and 1.53 AC is situated on a lot that is 1.53 acre in size.

Contacts

broker

Kurt Milch

LFC Marketing Services, Inc.

broker

Corrie Brashars

LFC Marketing Services, Inc.

Auction Specialist

broker

Jerry Lymburner

Property Details

  • Property Type Restaurant
  • Property Size 7,049 SF
  • Lot Size 1.53 Acre
  • Cap Rate % 8.2
  • Zoning GU-1: Commercial
  • Additional Rent Contact for pricing
  • 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. 

 

 

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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

Getting around

  • 57/100

    Walk Score ®

  • 27/100

    Transit Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fairbanks, AK
  • Zip Code 99701
  • Market Anchorage

Points of Interest

  • Fourth Coast Tours and Taxi

    5.96 miles

  • Taxi Hot Spot

    6.00 miles

  • Fred Meyer Gas

    0.09 miles

  • Holiday

    0.36 miles

  • Safeway Fuel Station

    0.49 miles

  • Costco Gasoline

    0.75 miles

  • Tesoro

    0.88 miles

  • FLO

    1.01 miles

  • Sourdough Fuel

    1.07 miles

  • Chevron

    1.08 miles

  • AAFES Express

    1.58 miles

  • UAF CTC Parking

    1.49 miles

  • Red Gate Parking

    2.44 miles

  • Commissary Exchange

    2.52 miles

  • golf cart parking

    3.55 miles

  • Physical Plant, East

    3.81 miles

  • Physical Plant, North

    3.83 miles

  • University Park

    3.86 miles

  • Physical Plant, West

    3.87 miles

  • Cooperative Extension Service

    3.88 miles

  • Taku

    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

  • Clarion Hotel & Suites

    1.23 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.

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