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    2999 Parks Hwy Fairbanks, AK 99709

    For Sale
    $1,000,000

    Multi-purpose - Fairbanks, AK

    Property size:
    1,234 SF
    Lot size:
    6.34 Acres
    Days on Market:
    227
    Last Refresh:
    Dec 11 at 1:06 pm

    Property Features for 2999 Parks Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    General Commercial District
    Parking
    10
    Size
    1,234 SF
    Lot size
    6.34 Acres

    Building Details

    Year built
    1234
    Architectural style
    Other

    ALASKA COMMERCIAL PROPERTIES (907) 456-6008

    Listing agent Shawn Evans (907) 456-6008 License #RECS15894

    Listing date Apr 29, 2025

    MLS# 155144 Listing URL

    Copyright © 2025 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fairbanks Commercial Building with License

    This property, formerly the Blue Loon Bar and Grill, is located in Fairbanks, AK. Currently, the property features completed CMU walls and a foundation. The building can be finished as a bar or adapted for other commercial uses. The sale includes a liquor license. The property may be suitable for marijuana retail or cultivation, as well as a bar and restaurant. The lot size is 6.33999 acres. The building has 1234 square feet of living area. The zoning is General Commercial District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fairbanks Paddlers Association / Organization

    Map

    City
    Fairbanks
    County
    Yukon-Koyukuk
    State
    Alaska
    Longitude
    -147.9462695
    Latitude
    64.8460098

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    FAQs

    What type of property is this?
    Bar - Commercial building for sale with liquor license in Fairbanks, AK.
    Where is this bar located?
    The property is located at 2999 Parks Hwy Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Includes a liquor license.; - CMU walls and foundation are already built.; - Suitable for various commercial uses including bar, restaurant, retail, and cultivation.
    (907) 456-6008
    Request Owner's contact information
    2999 Parks Hwy Fairbanks, AK 99709
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    Fairbanks, AK 99709
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2999 Parks Hwy Fairbanks, AK 99709
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