1316 Ocean Drive, Homer, AK 99603 (MLS# 26-13233)

1316 Ocean Drive, Homer, AK 99603

$1,295,000
Property Type: Commercial Sale Square Footage: 3,066 Lot Size (sq. ft.): 20,909 Status: Active
Current Price: $1,295,000 Last Modified: 10/20/2026

Overview

Description

Exceptional investment opportunity in the heart of Homer! Located along highly visible Ocean Drive, this completely renovated commercial property offers over 3,000 square feet of versatile space on nearly half an acre in one of Homer's most desirable commercial corridors.Thoughtfully redesigned to accommodate two separate tenants, one upstairs and one downstairs, the building provides excellent

Supplements: flexibility for an owner-occupant, investor, or entrepreneur seeking multiple income streams. The extensive renovations create an attractive, updated space ready for a variety of commercial uses.Previously utilized as a restaurant and bakery, the property offers potential for food service, retail, professional offices, or other commercial venture ...

Listing Details MLS# 26-13233

Contract Info

Price-List
1295000
Date-Listing
2026-10-17
EM Minimum Deposit
15000
Foreclosure/Bank Own
No

Location Tax and Legal

Area
490 - Homer
Street #
1316
Street Name
Ocean
Arterial
Drive
Closest USPS Town
Homer
State
AK
Zip Code
99603

Property Info

Type of Property
Mixed Use
Building Type
Class A
Realtor.com Type
Commercial
Construction Status
Existing Structure
Building Status
Owner Occupied
Acres
0.48
SF-Lot
20909
Lot Area Source
Tax Authority
SF-Res
3066
Floors
2
Zoning
GC1 - General Commercial 1
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.

Retail

SF-Retail Apx
3066

More Information

Property Features

Primary Space: Hospitality; Office/Retail Secondary Space: Office/Warehouse; 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: Docs Posted on MLS; Lease
IDX
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: October - 20 - 2026
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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