Contacts
Kurt Milch
LFC Marketing Services, Inc.
Corrie Brashars
LFC Marketing Services, Inc.
Auction Specialist
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.
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
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Fairbanks, AK
- Zip Code 99701
- Market Anchorage
Points of Interest
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Fourth Coast Tours and Taxi
5.96 miles
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Taxi Hot Spot
6.00 miles
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Fred Meyer Gas
0.09 miles
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Holiday
0.36 miles
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Safeway Fuel Station
0.49 miles
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Costco Gasoline
0.75 miles
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Tesoro
0.88 miles
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FLO
1.01 miles
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Sourdough Fuel
1.07 miles
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Chevron
1.08 miles
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AAFES Express
1.58 miles
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UAF CTC Parking
1.49 miles
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Red Gate Parking
2.44 miles
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Commissary Exchange
2.52 miles
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golf cart parking
3.55 miles
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Physical Plant, East
3.81 miles
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Physical Plant, North
3.83 miles
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University Park
3.86 miles
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Physical Plant, West
3.87 miles
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Cooperative Extension Service
3.88 miles
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Taku
3.88 miles
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Candlewood Suites Fairbanks
0.38 miles
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Holiday Inn Express Hotel & Suites Fairbanks
0.59 miles
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Hampton Inn & Suites Fairbanks
0.61 miles
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Minnie Street Inn B&B
1.04 miles
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The Villages
1.06 miles
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Wedgewood Resort
1.10 miles
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Bear Lodge at Wedgewood Resort
1.18 miles
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Clarion Hotel & Suites
1.23 miles
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Fairbanks Downtown Hostel
1.28 miles
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Westmark Fairbanks Hotel
1.28 miles
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Fred Meyer
0.16 miles
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Walmart Supercenter
0.21 miles
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Bentley Mall
0.51 miles
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Safeway
0.51 miles
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Co-op Downtown Plaza
1.32 miles
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Co-op Market
1.48 miles
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Co-Op Market Grocery & Deli
1.49 miles
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Exchange
2.47 miles
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Commissary
2.51 miles
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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.