Restaurants

Kenai, AK Restaurants for Sale

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Soldotna, AK Sterling, AK
Bar with Covered Deck
Updated: Oct 28
Bar with Covered Deck

800 Cook Ave, Kenai, AK 99611

$600,000
1,800 sqft
1,800‑square‑foot operating bar business
Beverage dispensary liquor license included
Covered and uncovered decks, plus a fenced outdoor area
Additional bluff lot with seawall
Served by city well and septic
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Established Business with Motel Units
Updated: May 21
Established Business with Motel Units

51815 Kenai Spur Hwy, Nikiski/North, Kenai, AK 99635

$1,650,000
5,934 sqft
Established business since 1965
Includes Tavern, Liquor Store, and Motel
Beverage dispensary and package liquor license included
Newer 10‑unit 2‑story motel
On‑site laundry unit for motel
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Single-Tenant Drive-Through Restaurant
Single-Tenant Drive-Through Restaurant

10733 Kenai Spur Hwy, Kenai, AK 99611

$2,273,000
3,376 sqft

The property is leased under an absolute NNN structure with a new 20-year term.

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See hot listings in Kenai

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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3 active listings match your search: Restaurant for sale in Kenai, AK. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Restaurant with Living Quarters
Restaurant with Living Quarters

15915 Sterling Highway, Ninilchik, AK 99639

$345,000
3,162 sqft 0.87 AC lot

Commercial kitchen equipment, dining furnishings, and on-site quarters are included with the property.

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Operating Alehouse With Takeout Concept
Operating Alehouse With Takeout Concept

10950 Omalley Centre Dr # A & B2, Anchorage, AK 99515

$675,000
5,750 sqft

Sale includes the operating business, equipment, other assets, and a liquor license.

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Coffee Stand with Equipment
Coffee Stand with Equipment

12908 Brandon St, Anchorage, AK 99516

$165,000
255 sqft

An insulated, movable unit comes outfitted with espresso, refrigeration, ice-making, preparation, and sink equipment.

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Turnkey Restaurant in Prime Location
Turnkey Restaurant in Prime Location

15915 Sterling Hwy, Ninilchik, AK 99639

$345,000
0.87 AC lot

Established restaurant between two world-class fishing destinations, ready for new owner.

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Kenai, AK Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Kenai, AK, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,110 square feet of properties for sale, with an estimated market value of $4,523,000.

Sale prices for restaurant properties in Kenai, AK start at $600,000, averaging $1,507,666, and reaching up to $2,273,000 — 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

Bars & Pubs 2
Conventional restaurants 2
Drive through restaurants 1

Demographics Overview

Population 16K
Population Growth (5Y) +2.4%
Median Household Income $69,816
College Educated 16.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Nikiski - 99635 $1.7M
Kenai - 99611 $2.3M

Taxes & Financing

Tax Rate (average for all types) 0.92%
Property Tax per SF $20.91 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kenai Peninsula Borough

New Delisted

Total CRE Inventory on Market (SF)

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