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    5760 Steese Hwy Fairbanks, AK 99712

    Picture of Motels at Steese Hwy 5760, Fairbanks, AK
    Pending
    For Sale
    $775,000

    Multi-purpose - Fairbanks, AK

    Property size:
    15,389 SF
    Lot size:
    11.10 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 5760 Steese Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    General Use District - 1
    Parking
    50
    Size
    15,389 SF
    Lot size
    11.10 Acres

    Building Details

    Year built
    1976
    Architectural style
    Other

    ALASKA COMMERCIAL PROPERTIES (907) 456-6008

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

    Listing date Oct 22, 2025

    MLS# 157187 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 Multi-Purpose Venue For Sale

    This multi-purpose property, operating since 1974, functions as a bar, restaurant, motel, and events venue. The property includes a full liquor license and alcohol package store license. The restaurant has a full kitchen, a large dining room/lounge, a stage and dance floor, an arcade and a pool table, with a full-service bar. The motel includes 10 rooms with various bed sizes and amenities, and two large bathrooms each with multiple showers, toilets, and sinks. Living quarters are located adjacent to the bar/lounge. Additional structures on the 11.1-acre lot include a 2080-square-foot detached shop, two mobile home rentals, and various small outbuildings/sheds. A paved parking lot is located in the front. The property is located on Steese Highway in Fairbanks, Alaska. The property is zoned as General Use District - 1. The property has been host to many events over the years including car shows/races, outhouse races, live music, charitable events, and private events such as weddings and birthdays. The property size is 15389 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chatanika Lodge Restaurant

    Map

    City
    Fairbanks
    County
    Yukon-Koyukuk
    State
    Alaska
    Longitude
    -147.4991938
    Latitude
    65.1155032

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    FAQs

    What type of property is this?
    Motel - Bar, restaurant, motel, and event venue near Steese Highway.
    Where is this motel located?
    The property is located at 5760 Steese Hwy Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Established business since 1974 with full liquor license and alcohol package store license; - Versatile venue: **bar, restaurant, motel (10 rooms), and events space**; - Includes living quarters for owners/managers
    (907) 456-6008
    Request Owner's contact information
    5760 Steese Hwy Fairbanks, AK 99712
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    Fairbanks, AK 99712
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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

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    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
    5760 Steese Hwy Fairbanks, AK 99712
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