UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,350 sqft
Price per Sqft $101
MLS Listing ID 26-10921
Construction Status Existing Structure
Year Built 1958
Lot Size 0.940 Acres
Acres 0.94
Source Alaska Multiple Listing Service
Property Description
Two established and complementary hospitality operations on the Kenai Peninsula. Combined business and asset sale with no real estate included. The offering combines an established full-service restaurant with formal & casual dining with banquet facilities together with an adjacent popular sports bar PHOTOS NOT ACTUAL Business Highlights
" Multi- million in 2025 combined revenues
" Long-established operating history
" Full-service restaurant /bar dining facilities
" Banquet and special-event facilities
" Popular sports bar operation
" Outdoor bar/seating area
" Established food and beverage operations
" Two liquor licenses, subject to applicable transfer approvals
" Existing commercial kitchens, bars, furnishings, fixtures and operating equipment, subject to final asset schedule
" Approximately 11,350 SF of commercial operating space
" Ample associated customer parking
" Real estate not included
Lease
The real estate will remain under current ownership. A competitive commercial lease for approximately 11,350 SF together with associated parking will be established with the purchaser.
Lease rate, term, renewal options and other lease provisions are negotiable and will be established as part of the transaction.
Financial Information
The businesses have demonstrated improving operating performance, with approximately Multi-million in combined 2025 revenue and substantial normalized owner cash flow.
Detailed financial statements, normalized Seller's Discretionary Earnings (SDE), asset information and additional operating information will be made available to qualified prospective purchasers subject to confidentiality requirements.
Location
State AK
Area 330 - Soldotna
Zoning C - Commercial
Interior
Heating Natural Gas
Flooring Other
Exterior
Water Access Desc Public
View City Lights, Unobstructed
Roof Type Other,Unknown - BTV,Composition
Accessibility , Paved, Government, Maintained
Total Parking Spaces 40
Building
Foundation Other, Slab
Lot Size Range 0.94
Sewer Public Sewer
Water Public
New Construction No
Construction Status Existing Structure
Others
Tax ID 000 no real property
Acceptable Financing Cash, Conventional, Owner Finance, Lease Option, Other
Listing Terms Cash, Conventional, Owner Finance, Lease Option, Other
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