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2999 Park Hwy Hwy Fairbanks, AK 99709

Sponsored
For Sale
$1,000,000

Prime Fairbanks location, build-to-suit potential.

Property size:
1,234 SF

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional 6-acre commercial lot in Fairbanks, Alaska, presents a unique investment opportunity. The property, formerly home to the Blue Loon Bar and Grill, boasts existing CMU walls and a foundation, significantly reducing construction costs for a new build. The 1,234 square foot structure offers a solid base for a variety of commercial ventures. The existing foundation and walls provide a head start on construction, saving time and money. The property's zoning allows for flexibility in development, making it suitable for a range of commercial uses. A significant advantage is the inclusion of a liquor license in the sale, a valuable asset for businesses requiring such a permit. The property's strategic location benefits from the proximity to the recently purchased Gold Hill Convenience Store, which is undergoing redevelopment by Three Bears. This nearby development suggests a growing commercial area, further enhancing the property's investment potential. The property's size and existing infrastructure make it ideal for a variety of commercial uses, including, but not limited to, a bar and grill, or even marijuana retail or cultivation, given the current market trends in the area. This is a rare opportunity to acquire a fully permitted commercial lot with significant existing infrastructure in a rapidly developing area of Fairbanks. The sale price is $1,000,000.

Property Features for 2999 Park Hwy Hwy

General Information

Property type
Other commercial real estate
Square Feet
1,234 SF
Lot Size
261,360 SF

Building Details

Year Built
2023

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Fairbanks
County
Fairbanks North Star Borough
State
Alaska
Longitude
-147.9043
Latitude
64.8468

FAQs

What type of property is this?
Commercial real estate - Prime Fairbanks location, build-to-suit potential.
Where is this commercial real estate located?
The property is located at 2999 Park Hwy Hwy Fairbanks, AK.
What is the asking price?
The asking price for this property is $1,000,000.
More about this property
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