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Fairbanks Venue Blue Loon For Sale

FAIRBANKS, Alaska (CelebrityAccess) — The Blue Loon, a concert venue in the northerly city of Fairbanks, Alaska, is reportedly on sale for $750,000.

According to the News-Miner, the Blue Loon, which opened in the early 1990s, is one of the largest venues in the Fairbanks area and serves as a concert hall, as well as a nightclub, restaurant and movie theater.

In recent years, the venue has hosted performances by numerous nationally recognized touring artists, including Snoop Dog, Jane's Addiction, Cracker, Cake, Primus, Cowboy Junkies and Violent Femmes. Upcoming shows at the venue include Fishbone, and the Reel Paddle Film Festival.

Venue owner Adam Wool told the News-Miner that he had been considering selling the venue for some time, but only recently decided to make it official.

"I've always kind of been keeping my eyes and ears open," Wool told the newspaper. "I'm getting older. I've got kids, a family. It's not conducive to being out at night."

Wool also noted that the building was an ideal location for a new owner seeking to take advantage of the state's new marijuana industry regulations.

The News-Miner said that the property is being listed by Fairbanks real estate agent Kelli Powers who said the price includes both the building's sound equipment and its liquor license. – Staff Writers