Listing Agency: Elite Real Estate Group

Listed By: Donald Koontz · License #AK

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Aug 12 at 8:56AM

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Investment Insights

Based on property information with market context.

This mixed-use hospitality property includes a restaurant, commercial kitchen, a bar, and two additional spaces, with layout details available in the attachments. A separate motel is also included, currently rented as extended stay housing. Liquor license documentation and FF&E for a turnkey operation are included with the sale, along with a full liquor dispensary license and an off-site catering permit. The property also features an additional storage basement of approximately 3,000 square feet, and there is a small lake located in the back of the site.

The property is located at 16966 W Parks Highway in Houston, Alaska.

Key Highlights

• Mixed‑use hospitality property with a restaurant, commercial kitchen, and bar plus two additional spaces
• Separate motel unit is currently rented as extend stay housing
• Full liquor dispensary license with off‑site catering permit included in the sale

Property Analytics

Property Profile

Current Use

Houston Lodge Marketplace Restaurant

Lease Details

Turnkey business

Opportunity

Yes

Liquor license

Location Intelligence

Demographics for 99694, AK

1,635

Population

810

Households

2

Avg Household Size

40

Median Age

16%

College-Educated

92%

High-School Grad

26.9 sq mi

ZIP Area

61

Density / Sq Mi

$72,411

Median Household Income

$37,727

Median Earnings

$1,216

Median Rent

$234,500

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Motel - Mixed-use hospitality offering a restaurant with commercial kitchen and bar, plus a separately rented motel unit.

Where is this motel located?

The property is located at 16966 W Parks Highway Houston, AK.

What are key features of this property?

This property features: Mixed‑use hospitality property with a restaurant, commercial kitchen, and bar plus two additional spaces; Separate motel unit is currently rented as extend stay housing; Full liquor dispensary license with off‑site catering permit included in the sale