Golden Eagle Saloon with
For Sale
$722,500
3630 Main Street, Ester, AK 99725
Ester, AK
Property Size2,400 SF
Lot Size2.50 Acres
Price / SF$301.04
Days on Market49
Property Features for 3630 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Standard status
Active
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: Aug 28
Changed: Sep 11
Last Checked: Oct 15 at 1:06AM
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.
The Golden Eagle Saloon is an operating bar established in a building constructed in 1983. The approximately 40-by-60-foot structure includes the main saloon and a full basement for storage, utilities, and operations. Interior features include a rustic gathering area, pellet stove, pool table, dartboards, televisions, bar equipment, coolers, piano, and local memorabilia. The business also hosts live music, community events, celebrations of life, and fundraisers.
Two approximately 24-by-24-foot dry cabins are located on the property and have historically served as employee housing. A separate freestanding structure modeled after Ester’s original post office is currently used for storage. Building infrastructure includes a rebuilt well house, an approximately 185-foot well, replacement septic system with lift station, covered fuel tanks with secondary containment, pellet and boiler heat, and a 1, 700-gallon backup water tank connected to the building.
The property is located at 3630 Main Street in Ester, Alaska. Furniture, fixtures, and equipment associated with the business are anticipated to convey, with final inclusions identified separately.
Two approximately 24-by-24-foot dry cabins are located on the property and have historically served as employee housing. A separate freestanding structure modeled after Ester’s original post office is currently used for storage. Building infrastructure includes a rebuilt well house, an approximately 185-foot well, replacement septic system with lift station, covered fuel tanks with secondary containment, pellet and boiler heat, and a 1, 700-gallon backup water tank connected to the building.
The property is located at 3630 Main Street in Ester, Alaska. Furniture, fixtures, and equipment associated with the business are anticipated to convey, with final inclusions identified separately.
Key Highlights
- Operating saloon in Ester at 3630 Main Street
- Approximately 40‑by‑60‑foot building constructed in 1983
- Full basement with storage, utility areas, boiler, sinks, shower, and washer hookup
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,971
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,420
$519.4K
Cap Rate 7%
$371,014
$371.0K
Cap Rate 9%
$288,567
$288.6K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$40.0K $16.68/SF
− Vacancy
−$5.4K −$2.25/SF
EGI
$34.6K $14.43/SF
− OpEx
−$8.7K −$3.61/SF
NOI
$26.0K $10.82/SF
Area
Fairbanks North Star County, AK
Vacancy
13.50%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,420
Cap Rate 7%
$371,014
Cap Rate 9%
$288,567
Alternative Uses
Best Use
Specialty Retail
$371.0K
$324.6K – $432.9K
NOI $25,971 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$468.9K
$410.3K – $547.0K
NOI $32,820 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Demographics for 99725, AK
261
Population
270
Households
1
Avg Household Size
38
Median Age
35%
College-Educated
82%
High-School Grad
4.8 sq mi
ZIP Area
54
Density / Sq Mi
$50,912
Median Household Income
$40,673
Median Earnings
$209,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Established neighborhood bar with a full basement, employee cabins, and year-round operating infrastructure.
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: Operating saloon in Ester at 3630 Main Street; Approximately 40‑by‑60‑foot building constructed in 1983; Full basement with storage, utility areas, boiler, sinks, shower, and washer hookup
