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Taphouse with Downtown Courtyard
For Sale
$500,000

412 SECOND AVENUE, Fairbanks, AK 99701

COMMERCIAL/INDUSTRIAL, Fairbanks, AK

Property SizeContact for details
Days on Market98

Property Features for 412 SECOND AVENUE

General Information

Property type Residential
Property subtype Retail
Parking 50
Directions Google Maps. 2nd Avenue, downtown Fairbanks.
Subdivision NORTH FAIRBANKS
Standard status Active
Listing Agency: CENTURY 21 GOLD RUSH · Century 21 Real Estate
Listed By: Kelli Powers · License #RECA15781
Added: Jun 17 Changed: Sep 15 Last Checked: Sep 22 at 8:06AM
MLS# 160408

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Lavelle's Taphouse is an established bar business at 412 Second Avenue in Fairbanks. The operation is configured with 36 taps and includes a full liquor license, allowing beverage service from its downtown location. An open courtyard extends the customer area and overlooks downtown, while an existing relationship with local food trucks supports the current food-service model.

The property is positioned on a historic street in the heart of Fairbanks. The location also includes access to a nearby new-construction context, with the possibility described for adding a kitchen and serving an in-house menu. The business currently accommodates customers through its beverage operation, courtyard setting, and food-truck relationships.

Key Highlights

  • 36 taps in the existing bar setup
  • Full liquor license included
  • Open courtyard overlooking downtown

Property Analytics

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Open Analytics

Current Use

Lavelle's Taphouse Bar & Pub

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Demographics for 99701, AK

18,357
Population
8,757
Households
2.1
Avg Household Size
34
Median Age
25%
College-Educated
93%
High-School Grad
545.2 sq mi
ZIP Area
34
Density / Sq Mi
$73,551
Median Household Income
$41,782
Median Earnings
$1,233
Median Rent
$235,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Established bar business with 36 taps, a full liquor license, and an outdoor courtyard overlooking downtown.
Where is this bar & pub located?
The property is located at 412 SECOND AVENUE Fairbanks, AK.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 36 taps in the existing bar setup; Full liquor license included; Open courtyard overlooking downtown
More about this property
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