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    36053 Kenai Spur Hwy Soldotna, AK 99669

    For Sale
    $585,000

    High-traffic location, three buildings, great income potential.

    Property size:
    4,553 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property boasts a prime location at the corner of Kenai Spur Highway and Spruce Avenue in Soldotna, Alaska. The 0.56-acre lot features three substantial structures: a 1,300 square foot residential home, a 1,804 square foot manufactured home, and a 1,449 square foot shop building currently under lease, generating immediate rental income. Adding to the property's versatility are a 10x24 shed and a 12x21 detached garage, providing ample storage space. The property is equipped with two gas meters and three electric meters, ensuring sufficient utility capacity for all buildings. The total square footage across all structures is 4,553 square feet, offering significant potential for various commercial ventures or expansion. This property presents a unique opportunity for investors seeking a multi-faceted investment with established rental income and significant development potential in a high-traffic area. The combination of residential and commercial space makes this a truly versatile and attractive investment opportunity. The property's location on a major highway ensures high visibility and accessibility, making it an ideal location for a variety of businesses.

    Property Features for 36053 Kenai Spur Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,553 SF
    Lot Size
    24,394 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Y&R Repair Auto Repair Shop

    Map

    City
    Soldotna
    County
    Kenai Peninsula Borough
    State
    Alaska
    Longitude
    -151.0797
    Latitude
    60.50254

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, three buildings, great income potential.
    Where is this commercial real estate located?
    The property is located at 36053 Kenai Spur Hwy Soldotna, AK.
    What is the asking price?
    The asking price for this property is $585,000.
    (907) 395-0655
    Request Owner's contact information
    36053 Kenai Spur Hwy Soldotna, AK 99669
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36053 Kenai Spur Hwy Soldotna, AK 99669
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