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Restaurant Building with Covered Seating
New
For Sale
$850,000

3300 College Road, Fairbanks, AK 99701

Flexible food-service improvements include commercial equipment, employee amenities, and seasonal outdoor seating.

Property Size1,425 SF
Price / SF$596.49
Days on Market2

Property Features for 3300 College Road

General Information

Standard status Active
Size 1,425 SF
Property subtype Commercial

Restaurant

Seating Capacity 40
Commercial Hood Yes
Patio Yes

Additional Details

Traffic Count 7,500 vehicles/day

Building Details

Year Built 2012
Buildings 1
Listing Agency: EMPIRE REALTY, LLC
Listed By: Joel Johnson · License #202
Source: Fairbanksalaskahomesearch
Added: Sep 11 Last Checked: Sep 12 at 4:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EMPIRE REALTY, LLC

Investment Insights

Based on property information with market context.

Built in 2012, this 1,425-square-foot restaurant property is configured for food preparation, customer service, and adaptable production uses. The layout includes a retail-facing half bath, an employee bathroom with shower and laundry, a commercial sink, and a commercial hood. Much of the food-service equipment is mounted on casters, allowing the interior arrangement to be adjusted for different operations. Roof-mounted solar panels and a natural gas boiler are also included.

The property fronts College Road in Fairbanks, with reported traffic of 7,500 vehicles per day and close access to the University of Alaska. Covered seating accommodates 30 to 40 visitors depending on the season. The building previously operated as Pita Place for almost 15 years and can support restaurant, coffee shop, or wholesale food-production uses described in the property information.

Key Highlights

  • 1,425‑square‑foot restaurant building constructed in 2012
  • College Road exposure with reported traffic of 7,500 vehicles per day
  • Covered seating for 30 to 40 visitors, season depending

Property Analytics

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Current Use

Pita Place Restaurant

Lease Details

7,500 VPD
Traffic count
Yes
Commercial hood

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
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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?
Conventional restaurant - Flexible food-service improvements include commercial equipment, employee amenities, and seasonal outdoor seating.
Where is this conventional restaurant located?
The property is located at 3300 College Road Fairbanks, AK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1,425‑square‑foot restaurant building constructed in 2012; College Road exposure with reported traffic of 7,500 vehicles per day; Covered seating for 30 to 40 visitors, season depending
More about this property
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