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Executive Summary

This sale is only for the building, land, and tangible assets ($61,000 value -ask for FF&E list)
Commercial kitchen includes equipment for pizzaria, sandwiches, burgers, bakery etc.
New owners can apply for Liquor license in the area per seller.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,162 SF
Building Class
C
Year Built
1994
Price
$345,000
Price Per SF
$109.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.87 AC
Zoning
Commercial - Commercial Zoning
Parking
15 Spaces (4.74 Spaces per 1,000 SF Leased)
Frontage
137’ on Sterling Hwy

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Freeway Visibility
  • Restaurant
  • Signage
  • Kiosk/Cart Space
  • Smoke Detector
  • Cafe
  • Shower Facilities

About 15915 STERLING HWY , NINILCHIK, AK 99639

Looking for the ultimate live-work venture on the Kenai Peninsula? Establish your business with maximum exposure in Ninilchik, AK! Located right next to the newly expanded Three Bears General Store, this 3,162 SF destination property commands exceptional Sterling Highway frontage on a high-visibility 0.87-acre lot. Operating successfully since 2010 halfway between Soldotna and Homer, this location draws steady year-round locals, fairground crowds, and heavy summer tourist traffic. Price: $345,000 The Ultimate Incentive: Bring a clean, full-price offer, and $61,000 in total assets—including the complete commercial kitchen equipment infrastructure and custom artisan dining furniture—are fully included in the sale! Property Highlights: On-Site Living Quarters: Built-in housing perfect for an owner-operator or seasonal staff. 0.87-Acre Lot: Expansive parking lot built to easily accommodate large trucks, boats, and high-volume RV traffic. Alaskan Character: Charming dining space featuring custom wall murals by Linda Smith and rustic log furniture handcrafted by Ken Scofield. Bypass the steep costs and supply chain delays of a fresh commercial build-out. Step into a turnkey space with massive seasonal upside! Call me to review the asset list and schedule your private tour today!

Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
157-150-35
Land Assessment
$27,800
Improvements Assessment
$209,500
Total Assessment
$237,300
  • Listing ID: 40639120

  • Date on Market: 5/22/2026

  • Last Updated:

  • Address: 15915 Sterling Hwy, Ninilchik, AK 99639

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