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3685 Sterling HWY Homer, AK 99603
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Key Details
Sold Price $1,650,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,558 sqft
Price per Sqft $362
MLS Listing ID 24-6915
Sold Date 04/04/25
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 2009
Lot Size 2.320 Acres
Acres 2.0
Property Description
Kenai Peninsula Suites is an Entrepreneur's dream! This profitable and established business is ready for new ownership! We proudly boast 5 star reviews from repeat customers that return year after year! Five unique cabins offer the very best of Alaskan flavor with all the comfort, charm, and stunning VIEWS!!
Live, work, play in Alaska!! The Cabins all feature custom Spruce furniture, fully equipped kitchenettes, and private porches, all with breathtaking views of the BAY, GLACIERS, and the BEACH below!
Our guests leave worries behind while soaking in the HOT TUB , watching EAGLES soar overhead, and WHALES spouting. Imagine topping off a fabulous day with a glorious, jaw dropping MIDNIGHT SUNSET!!
This property is just a short drive from the city of HOMER for shopping, medical facilities, hiking, exploring, fine dining, and WORLD CLASS FISHING.
Kenai Peninsula Suites is currently cash flowing nicely, however, Buyer could potentially increase the number of rental suites without increasing the building limit by attaching additional suites with kitchenettes to existing structures. For questions regarding expansion, call Will Anderson, Associate Planner with City of Homer. Buyer to perform due diligence.
Buyer will receive Website, Booking Software, Social Media, and all the 5 star Reviews with the purchase of the property.
To see profit/loss and inventory, please request NDA.
Location
State AK
Area 490 - Homer
Zoning RR - Rural Residential
Direction Sterling Highway just before Milepost 169. Look for the KENAI PENINSULA SIGN on the Bay side of the road.
Interior
Flooring Unknown - BTV
Exterior
View Bay, Glacier, Inlet, Mountains, Ocean
Roof Type Unknown - BTV
Accessibility , Paved, Government, Maintained
Building
Foundation Unknown - BTV
Lot Size Range 2.0
New Construction No
Construction Status Existing Structure
Others
Tax ID 17316063
Acceptable Financing Cash
Listing Terms Cash
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