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1316 Ocean Drive

$1,200,000

1316 Ocean Drive, Nanwalek, AK 99603

Active
Last Updated: 11/26/2025

3,066 sqft

Building Size

1976

Year Built

Details:
Building Size:    3,066 sqft
Year Built:    1976
Zoning:    General Commercial 1
Floors:    2
Gross Leaseable Area:    3,066
Highlights:
  • Lot Features: City Lot
  • Building Features: Living Quarters, Restroom(s)-Private
  • Lease Amount Frequency: Monthly
  • Documents Available: Inventory List, P & L, Package Available
  • Heating: Forced Air, Natural Gas
  • Electric: Master Meter - Elec
  • Flooring: Luxury Vinyl
  • Construction Materials: Wood Frame - 2x6, Wood Siding, Sheetrock, Wood
  • Parking Features: On Site
  • Accessibility Features: Restroom(s)-Handicap
Description:

Completely remodeled and truly turnkey, this exceptional commercial property on Ocean Drive offers over 3,000 sq. ft. of fully equipped restaurant and bakery space in one of Homer's most visible and high-traffic commercial corridors. Positioned in Alaska's world-famous tourism and fishing destination--known as the Halibut Capital of the World--this property provides a rare opportunity to step directly into a ready-to-operate food-service establishment.
The current bakery operating within the space has built a strong local following by producing fresh donuts, muffins, cookies, cinnamon rolls, savory pinwheels, hearty soups, stacked sandwiches, and a full coffee/espresso menu enjoyed by locals and visitors year-round. The kitchen and service areas are efficiently designed for smooth production flow and high-volume traffic, making the space ideal for expanding hours, offerings, or catering services.
Business name is not included in the sale, but a selection of restaurant and bakery equipment conveys, giving a new owner a valuable head start and reducing startup costs significantly.
Adding even more versatility, the property includes an adjacent A-Frame cabinperfect for employee housing, supplemental rental income, storage, or an onsite office.
With its remodeled interior, strong commercial frontage, included equipment package, and flexible layout, this property offers an unparalleled turnkey opportunity for restaurateurs, bakers, or investors looking to operate their own concept in one of Homer's most prominent commercial locations.

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