$1,200,000
1316 Ocean Drive
Homer, AK 99603
MLS# 25-14334
3066 sqft


01-13A3879
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Property Description
Completely remodeled and truly turnkey, this exceptional commercial property on Ocean Drive offers over 3,000 sq. ft. of fully equipped restaurant and bakery space in one of Homer's most visible and high-traffic commercial corridors. Positioned in Alaska's world-famous tourism and fishing destination—known as the Halibut Capital of the World—

Details
Maps
Contract Info
EM Minimum Deposit: 15000
Foreclosure/Bank Own: No
Price-List: 1200000
Date-Listing: 2025-11-24
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Bay View L27-28
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Type: Class A
Building Status: Owner Occupied
Acres: 0.48
SF-Lot: 20908.8
Lot Area Source: Tax Authority
Zoning: GC1 - General Commercial 1
Floors: 2
Type of Property: Single Use
SF-Res: 3066
Year Built: 1976
Directions and Remarks
Directions: Take Ocean Drive on the way to The Homer Spit and the property is on the left, across the street from Alyeska Tire.
Listing Terms Financing
Cash: 1
Conventional: 1
Owner Finance: 1
Primary Space
Retail: 1
Exterior Finish
Wood: 1
Heating
Forced Air: 1
Natural Gas: 1
Roof Type
Metal: 1
Construction Type
Wood Frame - 2x6: 1
Foundation
Post on Pad: 1
Poured Concrete: 1
Slab: 1
Flooring
Luxury Vinyl: 1
Walls
Sheetrock: 1
Wood: 1
Access
Dedicated Road: 1
Government: 1
Maintained: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Retail
SF-Retail Apx: 3066
Features-Commercial
DSL/Cable Available: 1
Fencing: 1
In City Limits: 1
Living Quarters: 1
Master Meter - Elec: 1
Master Meter - Gas: 1
On-Site Parking: 1
Restroom(s)-Handicap: 1
Restroom(s)-Private: 1
Documents
Inventory List: 1
P & L: 1
Package Available: 1
Location Tax and Legal
Area: 490 - Homer
Street #: 1316
Street Name: Ocean
Arterial: Drive
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Primary Space: Retail
Heating: Forced Air; Natural Gas
Exterior Finish: Wood
Construction Type: Wood Frame - 2x6
Foundation: Post on Pad; Poured Concrete; Slab
Roof Type: Metal
Flooring: Luxury Vinyl
Walls: Sheetrock; Wood
Sewer: Public Sewer
Water Source: Public
Features-Commercial: DSL/Cable Available; Fencing; In City Limits; Living Quarters; Master Meter - Elec; Master Meter - Gas; On-Site Parking; Restroom(s)-Handicap; Restroom(s)-Private
Access: Dedicated Road; Government; Maintained
Listing Terms Financing: Cash; Conventional; Owner Finance
Documents: Inventory List; P & L; Package Available
Supplements
this property provides a rare opportunity to step directly into a ready-to-operate food-service establishment. The current bakery operating within the space has built a strong local following by producing fresh donuts, muffins, cookies, cinnamon rolls, savory pinwheels, hearty soups, stacked sandwiches, and a full coffee/espresso menu enjoyed by locals and visitors year-round. The kitchen and service areas are efficiently designed for smooth production flow and high-volume traffic, making the space ideal for expanding hours, offerings, or catering services. Business name is not included in the sale, but a selection of restaurant and bakery equipment conveys, giving a new owner a valuable head start and reducing startup costs significantly. Adding even more versatility, the property includes an adjacent A-Frame cabinperfect for employee housing, supplemental rental income, storage, or an onsite office. With its remodeled interior, strong commercial frontage, included equipment package, and flexible layout, this property offers an unparalleled turnkey opportunity for restaurateurs, bakers, or investors looking to operate their own concept in one of Homer's most prominent commercial locations.

IDX
Listing Office: Berkshire Hathaway HomeServices Alaska Realty

Last Updated: December - 01 - 2025

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.