Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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