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Trevor Howe

howehomesak@gmail.com +1(907) 947-0680

$ 3,200,000

Est. payment -/mo

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Price Dropped by $800K

3695 Lake ST Homer, AK 99603

10,800 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,800 sqft

Price per Sqft $296

MLS Listing ID 23-1745

Construction Status Existing Structure

Year Built 1996

Lot Size 5.780 Acres

Acres 5.0

Source Alaska Multiple Listing Service

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). 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

Location

State AK

Area 490 - Homer

Zoning CBD - Central Business District

Direction Corner of Homer Bypass (Sterling Hwy) and Lake Street in Homer.

Interior

Heating Natural Gas, Radiant

Flooring Carpet

Exterior

View City Lights, Glacier, Lake, Mountains

Accessibility , Paved, Maintained

Building

Foundation Poured Concrete, Other

Lot Size Range 5.0

Sewer Public Sewer

New Construction No

Construction Status Existing Structure

Others

Tax ID 17712028

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Sun Properties, LLC