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Property profile & analytics
OFF-MARKET
Sports & entertainment properties

13364 Sterling Hwy Ninilchik, AK 99639

1,530 SF 21.65 ac lot Built 2000
Individually Owned 21-yr Hold Free & Clear
Property ID
US02-0090651
Property summary
AI-generated overview

This exceptional 21+ acre Ninilchik, Alaska property presents a unique business opportunity with breathtaking mountain views. The expansive grounds boast a thoughtfully designed and constructed complex featuring seven 384 sq ft cabins, each complete with a full kitchen, bathroom, and living area. Three additional bunkhouses accommodate four guests each, ideal for a thriving vacation rental business. A stunning two-story custom-built home offers panoramic mountain vistas, while a large gazebo provides ample space for events. A substantial pole barn offers secure storage for equipment and tools. Adding to the versatility, a 1400 sq ft Quonset hut has served as a living area, showcasing the property's adaptability. Other features include a dedicated storage area and a shooting range. The property's 11,529 square feet of developed space, combined with its park-like setting and diverse structures, presents significant potential for expansion and diversification. The property's history as a dance hall, supper club, and vacation rental demonstrates its proven ability to attract clientele. This turnkey operation is priced at $885,000 and offers a rare chance to acquire a well-established business with substantial growth potential in a picturesque Alaskan setting. The property's combination of existing structures and ample land provides a unique opportunity for a variety of commercial ventures.

Property profile
Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 2000
Total area 1,530 SF
Lot 21.65 ac (943,074 SF)
APN 157-032-11
UPID US02-0090651
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
THOMAS GLEN
THOMAS GLEN
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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