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1316 Ocean Drive, Homer, AK 99603
Overview
Description
Supplements: ... (Read more) 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 ventures.Adding to the property's appeal is an existing cabin, offering potential for additional rental income, employee housing, office space, or other uses, subject to applicable approvals.Situated in Homer, Alaska--the world-renowned Halibut Capital of the World--this property benefits from excellent visibility, convenient access, and proximity to the thriving tourism, fishing, and local business communities.With its extensive renovations, two-tenant configuration, nearly half-acre parcel, and additional cabin, 1316 Ocean Drive presents an outstanding opportunity to establish or expand a business while building long-term investment potential in Homer!
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


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