pop
Auction #457-1

Popular Restaurant & Bar Includes ±7,000 SF Building and 1.53 AC

close image slider
  • Auction #
    457-1
  • Interior Space:
    ± 7,049 SF
  • Lot Size:
    ±1.53 acres
  • Transaction Fee:
    5%
  • Broker
    Co-op:
    2.5%

Popular Restaurant & Bar Includes ±7,000 SF Building and 1.53 AC

Hospitality/Retail Property For Sale in Fairbanks, AK

1243 Old Steese Hwy, Fairbanks, AK 99701

FRE Auctions and Powered by Lymburner Realty are pleased to present the Online Auction Plus® Event (allows for contingencies) for a ±7,000 SF Popular Restaurant & Bar includes Real Estate. 

Real Estate Highlights:
• 7,049 SF building sitting on 1.53 AC.
• Stand-alone structure with ample parking.
• Recently fully renovated to its current spotless condition.
• Located in a busy business hub.
• Traffic Count on Old Steese Hwy: Approximately ~1,700 VPD
• Visible from the main Interstate 2 Hwy boasting ~11,200 vehicles per day

Business Highlights: 
• For 10 years The Banks Alehouse has been renowned and beloved throughout Fairbanks.
• Custom built with décor to appeal to the unique culture of Fairbanks, Alaska.
• Seating consists of 127 indoors, 95 in bar area, and 52-60 on the patio.
• Full-service dining area & full bar containing 40 beers on tap.
• Rated as one of the best sports bars in Fairbanks with an array of TV's to choose from.
• Menu consists of American cuisine enhanced with regional specialties.
• Furniture, fixtures, equipment, and food & beverage inventory included.
• Turnkey opportunity to own a thriving business.

Liquor License Highlights: 
• Rare beverage dispensary liquor license available that permits the sale of beer, wine, and spirits.

Location Highlights: 
• Across the street from the Walmart Supercenter, Home Depot, Lowes, Global Credit Union, AT&T, Barnes & Noble, Sportsman's Warehouse, and more.
• Conveniently located in East Fairbanks across from Fred Meyer.
• Fairbanks is the largest city in the interior region of Alaska and the second largest in the state.
• Ranked in the top 100 growing cities in the United States.
• Subject property is 13 minutes away from the Fairbanks International Airport.
• Only 3 minutes from Fort Wainwright's Trainor Gate location which has a population of ±24,000 residents.
• A 25-minute drive from Eielson Airforce Base.

fairbanks demographics

Downloadable Documents

Property Information

Auction Information

User Access Form

Vault

Purchase and Sale

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement

Financing

My Lending Genie

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

If you would like to be contacted by the Preferred Lender, please complete the form below to submit your contact information directly to their representative handling this Auction who will respond in a timely manner.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

You are under no obligation to prequalify with My Lending Genie .

Equal Housing Lender All loans subject to credit approval, verification and collateral evaluation. Initial decision is subject to you meeting specific underwriting requirements and final approval will be based upon your satisfying those requirements. Products not available in all states.


Click Here For Financing

Broker of Record for this property: Powered by Lymburner Realty, AK RECS18504

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

The auction has ended.

Sign up today so you don't miss out on another auction. To be informed of future auctions like this one, click on the Search link in the menu, set the search criteria and save the search. If you have a property you may like us to sell please contact us.

Search Auctions
Sell Property
Kurt Milch Auction Specialist The Future of Real Estate (FRE) (949) 706-6112 kmilch@fre.com
Corrie Brashars Auction Specialist The Future of Real Estate (FRE) (949) 706-6118 cbrashars@fre.com
Franklin Lewis Auction Specialist The Future of Real Estate (FRE) (949) 706-6119 flewis@fre.com
Jerry Lymburner Property Representative Powered by Lymburner Realty (907) 347-4433 jerry@pblrealty.com
pop

How to Bid

  • 1
    Set up a free user account
    Free registration with no obligation. Your account provides access to additional information and documents, as well as email updates.
  • 2
    Search & Select
    The Future of Real Estate features real estate from the USA and international. Utilize our advanced search criteria to narrow down your selection.
  • 3
    Review Information
    Access property information to make better-informed decisions. Available information varies depending on each real estate asset type.
  • 4
    Submit Deposit (if required)
    Prior to placing a bid, you may need to submit a deposit. Deposits can be submitted using credit card, wire transfer or check.
  • 5
    Place Online Bid
    Place bids on your selected asset prior to the deadline. Specifics vary for each asset.
  • 6
    Winner is Declared
    Buyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
auctionplus icon

Conditions may be included with your bid

clock icon
Bid Deadline: Mar 07 5:00 pm AKST
Popular Restaurant & Bar Includes ±7,000 SF Building and 1.53 AC
Hospitality/Retail Property For Sale in Fairbanks, AK
Search Auctions
Sell Property
Auction # 457-1

The auction has ended.

Sign up today so you don't miss out on another auction. Contact us with any questions you may have and we'd be happy to guide you to a property that's similar to this one.

The auction has ended.

Sign up today so you don't miss out on another auction. To be informed of future auctions like this one, click on the Search link in the menu, set the search criteria and save the search. If you have a property you may like us to sell please contact us.

Property Details
  • Fairbanks North Star County
    Fairbanks, AK
  • Property Type: Commercial Property
  • Interior Space: ± 7,049 SF
  • Lot Size: ±1.53 acres
  • Transaction Fee: 5%
  • Broker Co-op: 2.50%

FRE Auctions and Powered by Lymburner Realty are pleased to present the Online Auction Plus® Event (allows for contingencies) for a ±7,000 SF Popular Restaurant & Bar includes Real Estate. 

Real Estate Highlights:
• 7,049 SF building sitting on 1.53 AC.
• Stand-alone structure with ample parking.
• Recently fully renovated to its current spotless condition.
• Located in a busy business hub.
• Traffic Count on Old Steese Hwy: Approximately ~1,700 VPD
• Visible from the main Interstate 2 Hwy boasting ~11,200 vehicles per day

Business Highlights: 
• For 10 years The Banks Alehouse has been renowned and beloved throughout Fairbanks.
• Custom built with décor to appeal to the unique culture of Fairbanks, Alaska.
• Seating consists of 127 indoors, 95 in bar area, and 52-60 on the patio.
• Full-service dining area & full bar containing 40 beers on tap.
• Rated as one of the best sports bars in Fairbanks with an array of TV's to choose from.
• Menu consists of American cuisine enhanced with regional specialties.
• Furniture, fixtures, equipment, and food & beverage inventory included.
• Turnkey opportunity to own a thriving business.

Liquor License Highlights: 
• Rare beverage dispensary liquor license available that permits the sale of beer, wine, and spirits.

Location Highlights: 
• Across the street from the Walmart Supercenter, Home Depot, Lowes, Global Credit Union, AT&T, Barnes & Noble, Sportsman's Warehouse, and more.
• Conveniently located in East Fairbanks across from Fred Meyer.
• Fairbanks is the largest city in the interior region of Alaska and the second largest in the state.
• Ranked in the top 100 growing cities in the United States.
• Subject property is 13 minutes away from the Fairbanks International Airport.
• Only 3 minutes from Fort Wainwright's Trainor Gate location which has a population of ±24,000 residents.
• A 25-minute drive from Eielson Airforce Base.

fairbanks demographics
Downloadable Documents
User Access Form
Purchase and Sale
Property Viewing

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement
Financing

Financing

My Lending Genie

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

If you would like to be contacted by the Preferred Lender, please complete the form below to submit your contact information directly to their representative handling this Auction who will respond in a timely manner.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

You are under no obligation to prequalify with My Lending Genie .

Equal Housing Lender All loans subject to credit approval, verification and collateral evaluation. Initial decision is subject to you meeting specific underwriting requirements and final approval will be based upon your satisfying those requirements. Products not available in all states.


Click Here For Financing
Contact Us
Kurt Milch Auction Specialist The Future of Real Estate (FRE) (949) 706-6112 E: kmilch@fre.com
Corrie Brashars Auction Specialist The Future of Real Estate (FRE) (949) 706-6118 E: cbrashars@fre.com
Franklin Lewis Auction Specialist The Future of Real Estate (FRE) (949) 706-6119 E: flewis@fre.com
Jerry Lymburner Property Representative Powered by Lymburner Realty (907) 347-4433 E: jerry@pblrealty.com
Broker of Record for this property: Powered by Lymburner Realty, AK RECS18504

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

days
hours
mins
secs
Auction Ended
day
hour
min
sec