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Established Business & Prime Property

40111 Frontage Road, Soldotna, AK 99669

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For Sale

$1,700,000

Successful rental business and prime commercial property in Soldotna, Alaska.

Property size:

6,272 SF

Lot size:

0.97 Acres

Price / SF:

$271/SF

HighLights

Established, successful rental business since 2006 with diverse inventory.
Prime commercial property in Soldotna, Alaska, a desirable and scenic location.
Property includes retail space, storage, XL garage, mezzanine, kitchen, and multiple offices.
Owner financing available to qualified buyers.
Existing rental assets valued at approximately $383,000 are included.
Option to buy the business for $600,000 and lease the real estate.

We can help!

Contact an agent

Matthew Ficek

For Sale

$1,700,000

Successful rental business and prime commercial property in Soldotna, Alaska.

Property size:

6,272 SF

Lot size:

0.97 Acres

Price / SF:

$271/SF

Added:: Sep 7, 2025
Days on Market:: 305
Last Refresh:: May 13 at 8:35 pm

Property Features for 40111 Frontage Road

General Information

Standard status: Active
Size: 6,272 SF
Lot size: 0.97 Acres
Property subtype: Other

Building Details

Year Built: 2006

We can help!

Contact an agent

Matthew Ficek

Listing office Better Homes and Gardens Real Estate Dream Makers

Listing date Sep 7, 2025

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens Real Estate Dream Makers

HighLights

Established, successful rental business since 2006 with diverse inventory.
Prime commercial property in Soldotna, Alaska, a desirable and scenic location.
Property includes retail space, storage, XL garage, mezzanine, kitchen, and multiple offices.
Owner financing available to qualified buyers.
Existing rental assets valued at approximately $383,000 are included.
Option to buy the business for $600,000 and lease the real estate.

Overview

This commercial property offers an opportunity to own a successful rental business established in 2006, along with prime real estate in Soldotna, Alaska. The business provides rental assets ranging from party supplies like tents and bounce houses to wedding essentials and practical tools for home improvement and outdoor projects. The property, situated on 0.97 acres, is equipped to support a growing business. It features a 6,272 square foot building with a retail area including counter space and product displays, storage areas, an extra-large garage, and a mezzanine for additional storage or workspace. The property also includes a kitchen area and multiple office spaces. Located in Soldotna, the property offers potential for business expansion. The existing assets are valued at approximately $383,000 and are included in the listed price. The property has a well installed by Smith Well and Drilling and a septic system installed by A&L Construction, according to the owner. 3-phase electric is available at the street. Owner financing is available to qualified buyers. There is also an option to buy the business for $600,000 and lease the real estate.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$150.5k	$24.00
− Vacancy	−$6.3k	−$1.01
EGI	$144.2k	$22.99
− OpEx	−$43.3k	−$6.90
NOI	$100.9k	$16.09

6,272 SF · lease $24.00/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.44M

$1.26M – $1.68M (±1% cap)

NOI $100,944 @ 7.0% cap · market cap 5.94%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$43.50M

$38.06M – $50.75M (±1% cap)

NOI $3,044,981 @ 7.0% cap · market cap 179.12%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Map

City: Soldotna
County: Kenai Peninsula
State: Alaska
Longitude: -150.946728
Latitude: 60.506902

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For sale
Retail space
AK
Soldotna
99669
40111 Frontage Road

What type of property is this?

Retail space - Successful rental business and prime commercial property in Soldotna, Alaska.

Where is this retail space located?

The property is located at 40111 Frontage Road Soldotna, AK.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: Established, successful rental business since 2006 with diverse inventory.; Prime commercial property in Soldotna, Alaska, a desirable and scenic location.; Property includes retail space, storage, XL garage, mezzanine, kitchen, and multiple offices.