Improved Mixed-Use Land for Sale in Fairbanks, Alaska

Welcome to 696 Dahl Lane, a rare commercial opportunity located directly on Chena Hot Springs Road with excellent road frontage, high visibility, and ample parking on 1.73 acres. Offered at $230,000, this approximately 1,500 square foot property was built in 1995 and is positioned in General Use District 1 zoning, creating a flexible opportunity for a variety of potential business uses in one of Fairbanks’ most recognizable commuter and recreation corridors. Currently configured as a one-bedroom, one-bathroom commercial property, the layout was previously designed for food service and offers an ideal setup for a restaurant, coffee shop, bakery, or other business venture looking for a functional space with strong exposure. The property features a commercial-approved kitchen, a front foyer entry, an open-concept dining or service area, a serving counter, existing equipment, and a drive-through window. Approximately half of the building is dedicated to the commercial kitchen, offering substantial prep and production space with much of the infrastructure already in place. Refrigeration is not currently installed, but the foundation for a working food-service operation is already here. The site itself is a major asset, with a large parking area and direct access from Chena Hot Springs Road, making it convenient for customers, staff, deliveries, and a variety of commercial uses. The property has already been inspected, adding another layer of confidence for buyers evaluating their next business move. With strong visibility, usable acreage, and an existing food-service layout that is increasingly hard to find at this price point, 696 Dahl Lane offers a compelling opportunity for an owner-user, investor, or entrepreneur ready to bring new life to a well-positioned commercial space. If you have been searching for a property with road frontage, parking, flexible zoning, and an established commercial kitchen setup, this is one worth seeing in person. Schedule your showing and explore the potential at 696 Dahl Lane before it is gone.