$2,950,000
Agent Info

Listed by: Pamela Throop

Phone: 907-456-6008

Fax: 907-456-6474

Info: Pamela Throop is the Owner/Broker of Alaska Commercial Properties since 2000. She has 40+ years as a Realtor.

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Address: 506 Merhar Avenue
City: Fairbanks
State: AK
Zip: 99701
Price: $2,950,000
Beds: 0
Baths: 0
Floors: 1
Year Built: 2005
Square Feet: 7,800
Lot Size: 82646 square feet
Annual Property Tax: 41,673
mls: 134035
Status: Active
Full Description: 7,800 sf free standing restaurant facility on 82,000 sf parcel. As a former Chili’s top store, did impressive numbers including setting first week national record in it’s fall 2005 opening. This site is in the heart of a retail area including 4 hotels, Home Depot, Sam's Club, Sportsman's Warehouse, Lowes, Petco, Barnes & Noble, Old Navy, Fred Meyer, Ulta Beauty, AT&T, Verizon, 6 banks, McDonalds, and the Bentley Mall. This area is home to several nationally ranked top 5 stores for their brand. As this is a corner location, there is great visibility and traffic on three sides. Signage pole is in place with plentiful parking.
The facility includes kitchen and bar equipment, large walk-in refrigerator, freezer and keg room in operation at the restaurant’s closing in 2012, and are available for new tenant. Large mechanical air handler and 4 kitchen exhaust hoods in place. Front of house has 249 seat capacity in bar and dining room with much of the furnishings remaining.
A full liquor license is available separately.

The very best location in all of Fairbanks. On the corner to the entrance of the only box store development in Fairbanks which is home to Walmart, Barnes and Noble, Lowes, Sportsman's Warehouse, Old Navy,Petco, Fred Meyers, Ulta Cosmetics, Famous Footwear, Pier 1, three local banks, soon to be four hotels, Aarons rental center, Verizon, AT&T, and GCI. The corner of Johansen and Steese has 22,600 per day.

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