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    903 Northern Lights Blvd Anchorage, AK 99503

    Sponsored
    For Sale
    $735,000

    Established Billiards Hall, Turn-Key Operation

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional business opportunity presents the chance to acquire Anchorage's premier billiards establishment, a thriving enterprise operating successfully since 1988. Located at 903 W Northern Lights Boulevard, this turnkey operation boasts a full liquor license, allowing for the sale of alcoholic beverages. Beyond the core billiards business, the property includes a limited food service component, catering to the clientele's needs. Eighteen professional-grade pool tables of varying sizes provide ample playing space for patrons, complemented by a full set of recreational dart machines. The venue also hosts a variety of live music events, including a popular weekly Sunday night Blues Jam, adding a significant dimension to its appeal and attracting a diverse customer base. The asking price for this established and profitable business is $735,000. The current owner may consider offering financing options to qualified buyers, contingent upon their experience and financial standing. Serious inquiries only

    Property Features for 903 Northern Lights Blvd

    General Information

    Property type
    Investment properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Randall Hayes & Henderson Real Estate Appraiser Vector Marketing Anchorage Marketing Consultant Peninsula Engineering Civil Engineer

    Map

    City
    Anchorage
    County
    Anchorage Municipality
    State
    Alaska
    Longitude
    -149.8997
    Latitude
    61.19563

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    FAQs

    What type of property is this?
    Investment property - Established Billiards Hall, Turn-Key Operation
    Where is this investment property located?
    The property is located at 903 Northern Lights Blvd Anchorage, AK.
    What is the asking price?
    The asking price for this property is $735,000.
    (907) 865-4700
    Request Owner's contact information
    903 Northern Lights Blvd Anchorage, AK 99503
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    Anchorage, AK 99503
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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.

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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
    903 Northern Lights Blvd Anchorage, AK 99503
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