About This Home

This 0-bedroom, 0-bathroom single family at 2999 PARKS HIGHWAY in Fairbanks, AK is listed for $750,000 ($608 per sqft). the home offers 1,234 sqft of living space on a 6.34 acres lot.

Key Features

  • 6.34 acre lot
  • 10 parking spaces

Property Details

10 spaces
Listing Description

Position your business along one of Fairbanks' primary commercial corridors with this unique redevelopment opportunity at 2999 Parks Highway. Formerly home to the Blue Loon Bar & Grill, the property includes an existing foundation and concrete masonry unit (CMU) walls, providing a substantial starting point for new construction.

A buyer may have the opportunity to complete the building for use as a bar and restaurant or adapt the improvements for another commercial concept. A liquor license is included in the sale, subject to applicable transfer requirements and regulatory approval, adding considerable value for a future hospitality or entertainment venue.

The property may also lend itself to retail, food service, office, marijuana retail or cultivation, or other commercial uses, subject to zoning, permitting, licensing, and buyer verification. The surrounding area is positioned for continued investment.

Offering strong visibility, convenient highway access, existing structural improvements, and flexible redevelopment potential, this property presents an exciting opportunity for an owner-user, developer, or investor seeking a prominent Parks Highway location. Buyer to independently verify the condition and suitability of all existing improvements, utilities, permitted uses, and licensing requirements.

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

2999 PARKS HIGHWAY

Fairbanks, AK 99709

Ester Est1

Questions & Answers

This 0-bedroom, 0-bathroom single family at 2999 PARKS HIGHWAY is listed at $750,000 ($608/sqft). The estimated monthly payment is $4,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 6.34 acre lot, 10 parking spaces.

This property is listed by Gary Evans.

GE

Gary Evans

Agent at ALASKA COMMERCIAL PROPERTIES

Listed by ALASKA COMMERCIAL PROPERTIES · Broker phone: 9074566008 · Broker website

MLS# 155144· Source: Greater Fairbanks Board-Realtors· 900 days on PropertySimple

Copyright © 2026 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2999 PARKS HIGHWAY, Fairbanks, AK 99709

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