3695 Lake Street, Homer, AK 99603 (MLS# 23-1745)


$4,000,000
3695 Lake Street
Homer, AK 99603
MLS# 23-1745
10800 sqft

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3695 Lake Street, Homer, AK 99603
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3695 Lake Street, Homer, AK 99603 3695 Lake Street, Homer, AK 99603 3695 Lake Street, Homer, AK 99603

Property Description
This property can be your ''Gold-Mine''. Currently used for large retailer. Sits on 6 acres of land in the Central Business District on the most prime location in of Homer. It is the only ''whole parcel'' of acreage left in Homer and is the most valued commercial piece of land. Located at the only signal light in Homer at the corner of the Sterling Highway and Lake Street, (See Supplement).

Details
Maps
Contract Info
Price-List: 4000000
Date-Listing: 2023-02-28
Status: Active
Commission Type: $
Commission to SO: 150000
EM Minimum Deposit: 45000
Foreclosure/Bank Own: No
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Area: 490 - Homer
Street #: 3695
Street Name: Lake
Arterial: Street
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Waddell Park 2000 L1
Property Info
Type of Property: Mixed Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 5.78
SF-Lot: 251776.8
Lot Area Source: Owner
SF-Res: 10800
Floors: 2
Zoning: CBD - Central Business District
Year Built: 1996
Directions and Remarks
Directions: Corner of Homer Bypass (Sterling Hwy) and Lake Street in Homer.
Retail
SF-Retail Apx: 9000
Property Features
Primary Space: Retail
Secondary Space: Land; Office/Retail
Heating: Natural Gas; Radiant
Exterior Finish: Wood
Construction Type: Block; Wood Frame - 2x6
Foundation: Poured Concrete
Roof Type: Other
Flooring Type: Carpet
Walls: Sheetrock; Wood
Sewer: Public Sewer
Water: Public
Access: Maintained; Paved
View Type: City Lights; Glacier; Lake; Mountains
Supplements
and is the best location on the Kenai Peninsula for visibility and traffic as visibility is approximately 1/2 mile in all three directions and is the most heavily traveled intersection in Homer. The two main "focal points" in Homer are the US Post Office & McDonald's and this parcel is located right in between them on the Sterling Highway. The first story of the the main building has about 8-9,000 sf of space and the second story has 1800-2000 sf of space. The second story is not yet completed. The partially completed 2nd story has a master suite, 2 guest bedrooms, living room, dining room, 2 baths, utility room, and kitchen. It was designed to have owner live upstairs, with business downstairs. The first story is currently used as a retail store, with 2 baths. There is an attached warehouse which is mostly finished and contains 2 bedrooms, kitchen, 2 baths (1 upstairs and 1 downstairs) which has been set up as living quarters. Retail store contains over $1 million in inventory which has not been included in sale price but could be negotiated. Sellers open to buyers outside of United States

Listing Office: Sun Properties, LLC

Last Updated: February - 24 - 2024

3695 Lake Street, Homer, AK 99603 - MLS# 23-1745

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.

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