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453 E Pioneer Ave 2,556 SF Retail Building Homer, AK 99603 $955,000 ($373.63/SF)



Investment Highlights
- Highly visible Pioneer Avenue location in Homer’s central business district.
- Panoramic views of Kachemak Bay from large storefront windows.
- Package option available for full turnkey business, including equipment and liquor license.
- 2,556 SF building positioned on a 0.34-acre lot with paved parking.
- Zoned CBD permitting flexible use including restaurant, retail, or office.
- Located near City Hall and major community destinations along Pioneer Avenue.
Executive Summary
Turnkey Bar & Grill in the Heart of Homer - Real Estate, Liquor License, Equipment & Inventory Included, The Alibi name and Business. A rare opportunity in the center of Homer! Whether you're looking to take over a fully equipped bar and grill, create your own concept, or invest in prime commercial real estate, The Alibi offers location, flexibility, and value.
Currently open five days a week from 4-9 PM, this well-known establishment has long been a favorite for locals and visitors alike. While its nightlife was once vibrant, the venue remains a fantastic spot for live music, private events, and community gatherings.
The 2,556 sq ft building features large picture windows with sweeping views of Kachemak Bay and the Spit, three restrooms, a detached outbuilding, paved parking, and a large city lot all located in the heart of Homer.
Sale includes the real estate, liquor license, full equipment list, current inventory, a premium offering that includes The Alibi name, proprietary recipes, website, and established social media presence.
This is a fully outfitted opportunity with bar equipment, lighting, sound and stage setup, dining room furnishings, kitchen and service equipment everything you need to get started or make it your own.
Call today this is your chance to own a cornerstone of Homer's dining and entertainment scene!
Currently open five days a week from 4-9 PM, this well-known establishment has long been a favorite for locals and visitors alike. While its nightlife was once vibrant, the venue remains a fantastic spot for live music, private events, and community gatherings.
The 2,556 sq ft building features large picture windows with sweeping views of Kachemak Bay and the Spit, three restrooms, a detached outbuilding, paved parking, and a large city lot all located in the heart of Homer.
Sale includes the real estate, liquor license, full equipment list, current inventory, a premium offering that includes The Alibi name, proprietary recipes, website, and established social media presence.
This is a fully outfitted opportunity with bar equipment, lighting, sound and stage setup, dining room furnishings, kitchen and service equipment everything you need to get started or make it your own.
Call today this is your chance to own a cornerstone of Homer's dining and entertainment scene!
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
2,556 SF
Building Class
C
Year Built/Renovated
1961/2025
Price
$955,000
Price Per SF
$373.63
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.34 AC
Zoning
CBD
Amenities
- Restaurant
- Signage
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 177-203-09 | Improvements Assessment | $97,300 |
| Land Assessment | $101,500 | Total Assessment | $198,800 |
Property Taxes
Parcel Number
177-203-09
Land Assessment
$101,500
Improvements Assessment
$97,300
Total Assessment
$198,800
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453 E Pioneer Ave
