1316 Ocean DR Homer, AK 99603
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,066 sqft
Price per Sqft $422
MLS Listing ID 26-13233
Construction Status Existing Structure
Year Built 1976
Lot Size 0.480 Acres
Acres 0.48
Source Alaska Multiple Listing Service
Property Description
Thoughtfully redesigned to accommodate two separate tenants, one upstairs and one downstairs, the building provides excellent flexibility for an owner-occupant, investor, or entrepreneur seeking multiple income streams. The extensive renovations create an attractive, updated space ready for a variety of commercial uses.
Previously utilized as a restaurant and bakery, the property offers potential for food service, retail, professional offices, or other commercial ventures.
Adding to the property's appeal is an existing cabin, offering potential for additional rental income, employee housing, office space, or other uses, subject to applicable approvals.
Situated in Homer, Alaska--the world-renowned Halibut Capital of the World--this property benefits from excellent visibility, convenient access, and proximity to the thriving tourism, fishing, and local business communities.
With its extensive renovations, two-tenant configuration, nearly half-acre parcel, and additional cabin, 1316 Ocean Drive presents an outstanding opportunity to establish or expand a business while building long-term investment potential in Homer!
Location
State AK
Area 490 - Homer
Zoning GC1 - General Commercial 1
Direction Take Ocean Drive on the way to The Homer Spit and the property is on the left, across the street from Alyeska Tire.
Interior
Heating Forced Air, Natural Gas
Flooring Luxury Vinyl
Exterior
Water Access Desc Public
Roof Type Metal
Accessibility , Government, Maintained
Building
Foundation Poured Concrete, Post on Pad, Slab
Lot Size Range 0.48
Sewer Public Sewer
Water Public
New Construction No
Construction Status Existing Structure
Others
Tax ID 17918326 17918325
Acceptable Financing Cash, Conventional, Owner Finance
Listing Terms Cash, Conventional, Owner Finance
NEARBY SCHOOL & BUSINESS
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