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120 W Bunnell Avenue, Homer, AK 99603


Overview
Description
Supplements: ... (Read more) shared, friendships are forged, and traditions endure.Over the years, the establishment has evolved through several celebrated chapters--from the original Homer Cafe & Club to the legendary Waterfront, famous throughout the Kenai Peninsula for its steaks, hospitality, and live entertainment. Local icons, fishermen, artists, travelers, and residents have all found their way through its doors, creating a legacy that remains unmatched in the region.Today, AJ's continues that tradition as a thriving steakhouse and tavern known for exceptional food, spirits, entertainment, and authentic Alaskan hospitality. Included in the offering are the restaurant business, valuable liquor license, building improvements, and four parcels of land, providing both immediate operating income and future development potential.Properties with this level of history, community recognition, and goodwill rarely come to market. Whether you envision continuing the legacy of one of Alaska's most beloved dining establishments or expanding upon its storied foundation, AJ's OldTown Steakhouse & Tavern offers a once-in-a-generation opportunity to own a landmark destination in the heart of Homer.*Business, liquor license, improvements, and four parcels included in sale. Financial information available to qualified buyers upon execution of appropriate confidentiality agreements.*
Listing Details MLS# 26-6997
Contract Info
- Price-List
- 2500000
- Concessions YN
- No
- Date-Listing
- 2026-06-12
- EM Minimum Deposit
- 50000
- Foreclosure/Bank Own
- No
Location Tax and Legal
- Area
- 490 - Homer
- Street #
- 120
- Directional
- W
- Street Name
- Bunnell
- Arterial
- Avenue
- Closest USPS Town
- Homer
- State
- AK
- Zip Code
- 99603
Property Info
- Type of Property
- Single Use
- Realtor.com Type
- Commercial
- Construction Status
- Existing Structure
- Building Status
- Owner Occupied
- Acres
- 0.43
- SF-Lot
- 18730.8
- Lot Area Source
- Tax Authority
- SF-Res
- 3831
- Zoning
- CBD - Central Business District
- Year Built
- 1941
Directions and Remarks
- Directions
- From Pioneer Ave or the Bypass, take Main Street South to Bunnell Ave, then right and see AJ's on your right adjacent to the Bunnell Street Gallery.
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
- T 6S R 13W SEC 19 SEWARD MERIDIAN HM THAT PORTION OF GOVT LOT 6 AS PER WD 164 @ 566
Listing Terms Financing
- Cash
- Yes
- Conventional
- Yes
More Information
Primary Space
- Hospitality
- Yes
Exterior Finish
- Wood
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Roof Type
- Asphalt
- Yes
- Composition
- Yes
Construction Type
- Wood Frame
- Yes
Foundation
- Poured Concrete
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
Walls
- Wood
- Yes
Access
- Maintained
- Yes
- Paved
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Features-Commercial
- In City Limits
- Yes
Documents
- Docs Posted on MLS
- Yes
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