Freestanding Bar and Restaurant
3630 Main Street Ester, AK 99725
New
For Sale
$722,500
COMMERCIAL - Ester, AK
Property Size4,800 SF
Lot Size2.50 Acres
Price / SF$150.52
Days on Market1
Property Features for 3630 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 2.50 Acres
Building Details
- Year built
- 1983
Listing Agency:
NextHome Arctic Sun
(907) 456-4653
Listed By:
Jerrie Wagner · License #RECA16459,PersonLicenseNumber
(907) 460-2381
Added: Jul 26
Last Checked: Jul 26 at 11:06PM
MLS# 160852
Copyright © 2026 NextHome, Inc. 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.
This freestanding saloon and restaurant property was constructed in 1983 and includes a main level with a warm, rustic interior and a full basement. The building’s basement provides storage along with utility and operational space, including a boiler and multiple utility hookups, plus a bottle chute system that routes empty bottles from the bar to a collection area below. The main level features a high-capacity pellet stove, bar equipment, coolers, a piano, televisions, local memorabilia, and areas for pool and darts. The property includes furniture, fixtures, and equipment associated with the business, with final inclusions to be identified separately.
The offering includes two lots totaling approximately two acres, with additional parking and the septic system on the second lot. One lot contains the saloon and two approximately 24-by-24-foot dry cabins that have historically been used as affordable employee housing, with additional flexibility for other uses subject to applicable approvals. A backup water tank is plumbed into the building for an alternative water source if needed. The property also includes a system of well, septic, and fuel-related infrastructure, as well as a small freestanding structure modeled after Ester’s original post office, currently used for storage.
The offering includes two lots totaling approximately two acres, with additional parking and the septic system on the second lot. One lot contains the saloon and two approximately 24-by-24-foot dry cabins that have historically been used as affordable employee housing, with additional flexibility for other uses subject to applicable approvals. A backup water tank is plumbed into the building for an alternative water source if needed. The property also includes a system of well, septic, and fuel-related infrastructure, as well as a small freestanding structure modeled after Ester’s original post office, currently used for storage.
Key Highlights
- Golden Eagle Saloon built in 1983; approximately 40‑by‑60‑foot building with main saloon and full basement for storage, utilities, and operations
- Full basement features boiler, utility sinks, employee shower, washer hookup, extensive storage, pellet storage, and a bottle chute system to a collection area
- Upper level includes high‑capacity pellet stove, full‑size pool table, dartboards, televisions, piano, bar equipment, coolers, and local memorabilia
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.1k | $16.68 |
| − Vacancy | −$10.8k | −$2.25 |
| EGI | $69.3k | $14.43 |
| − OpEx | −$17.3k | −$3.61 |
| NOI | $51.9k | $10.82 |
4,800 SF · lease $16.68/SF/yr · vacancy 13.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$742.0K
$649.3K – $865.7K
NOI $51,942 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$937.7K
$820.5K – $1.09M
NOI $65,641 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
FAQs
What type of property is this?
Bar & Pub - Freestanding saloon built in 1983 with a full basement, dry cabins, and onsite parking on two lots.
Where is this bar & pub located?
The property is located at 3630 Main Street Ester, AK.
What is the asking price?
The asking price for this property is $722,500.
What are key features of this property?
This property features: Golden Eagle Saloon built in 1983; approximately 40‑by‑60‑foot building with main saloon and full basement for storage, utilities, and operations; Full basement features boiler, utility sinks, employee shower, washer hookup, extensive storage, pellet storage, and a bottle chute system to a collection area; Upper level includes high‑capacity pellet stove, full‑size pool table, dartboards, televisions, piano, bar equipment, coolers, and local memorabilia
