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    Homer, AK Restaurants for Sale

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    Anchor Point, AK Seldovia, AK
    Waterfront Mixed-Use Commercial Building
    Updated: Jun 20
    Waterfront Mixed-Use Commercial Building

    3851 Homer Spit Rd, Homer, AK 99603

    $1,799,000
    4,907 sqft 0.50 AC lot
    .50‑acre fee‑simple waterfront commercial property on World‑Famous Homer Spit with direct beach frontage and views of Kachemak Bay and surrounding mountains
    Approximately 4,907 SF building with multiple tenant spaces supporting commercial, retail, office, restaurant, and warehouse uses
    Year‑round occupied by established long‑term tenants, including Kachemak Shellfish Mariculture Association and Broken Oar Restaurant, plus retail shellfish operations
    6,510 SF platform deck space suited for outdoor dining, events, retail displays, marine‑related uses, or tenant expansion
    Building includes private restrooms and was engineered with room to accommodate a future elevator installation
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    This listing looks promising.

    Here's a quick look at some key insights for

    3851 Homer Spit Rd, Homer, AK

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $98K
      Annual

    • Price @ 7% Cap

      $1.4M
      Suggested

    • Property Type

      Food Processing
      Built 2008
    View Property Analytics
    Bar and Entertainment Venue
    Updated: Jul 31
    Bar and Entertainment Venue

    195 E Pioneer Ave, Homer, AK 99603

    $2,195,000
    1.00 AC lot
    More than 4, 000 square feet under roof
    Approximately one acre along Pioneer Avenue
    Configured for concerts, dining, private events, and special events
    Equipped for continued bar and entertainment operations
    Additional commercial space leased to a drive‑thru coffee shop
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    Turn-Key Cafe with Outdoor Deck
    Turn-Key Cafe with Outdoor Deck

    5075 Kachemak Dr, Homer, AK 99603

    $375,000

    Turn-key restaurant sale includes equipment and menu, plus indoor seating and expanded outdoor deck dining.

    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Homer, AK, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Lodge and Restaurant
    Waterfront Lodge and Restaurant

    257 Main Street, Seldovia, AK 99663

    Contact for pricing

    Two-story lodge with commercial kitchen and harbor-facing deck, plus three residential apartments.

    View details
    Store, Cafe, and Residential Trailer
    Store, Cafe, and Residential Trailer

    24185 Sterling Hwy, Anchor Point, AK 99556

    $490,000
    5.65 AC lot

    Business opportunity with store, cafe, and residential trailer on 5.65 acres.

    View details
    Remodeled Restaurant with Living Quarters
    Remodeled Restaurant with Living Quarters

    221 Main Street, Seldovia, AK 99663

    Contact for pricing

    Remodeled restaurant offering indoor seating and attached living quarters, with additional deck space available for seasonal seating.

    View details
    Anchor Point Restaurant Opportunity
    Anchor Point Restaurant Opportunity

    32721 Sterling Hwy, Anchor Point, AK 99556

    $350,000
    2.53 AC lot

    Restaurant on 2.53 acres with high visibility and dog park.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned Commercial Land Development Site
    Zoned Commercial Land Development Site

    509 C Street SW, Auburn, WA 98001

    $850,000
    0.20 AC lot

    Flat, rectangular commercial lot zoned C-3 with utilities in the street and development opportunities for multiple use types.

    View details
    Warrenton, OR Commercial Land
    Warrenton, OR Commercial Land

    Tax ID 30749, Warrenton, OR 97146

    $39,000
    0.23 AC lot

    Commercial mixed-use land for sale in Warrenton, Oregon.

    View details
    Highway 101 Commercial Land
    Highway 101 Commercial Land

    2685 S ROOSEVELT, Seaside, OR 97138

    $200,000

    Vacant land on Highway 101 in Seaside, Oregon.

    View details
    Omak Commercial Land For Sale
    Omak Commercial Land For Sale

    4 Stampede Business Park, Omak, WA 98841

    $89,500
    0.43 AC lot

    Commercial land in Omak, near major retailers.

    View details

    Homer, AK Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Homer, AK, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,907 square feet of properties for sale, with an estimated market value of $4,369,000.

    Sale prices for restaurant properties in Homer, AK start at $375,000, averaging $1,456,333, and reaching up to $2,195,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Bars & Pubs 1
    Coffee shops 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +10.0%
    Median Household Income $76,368
    College Educated 53.8%

    High-Yield Neighborhoods for Investment

    Identify Homer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    99603 $951.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.03%
    Property Tax per SF $21.48 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

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