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For sale
  • $895,000

    111 Kenai Peninsula, Kenai, AK 99611

    7beds
    16,000sqft
    : 
    $5,489/mo
    Get pre-qualified
    Other
    Built in ----
    1 Acres Lot
    $838,600 Zestimate®
    $56/sqft
    $-- HOA

    What's special

    Confidential Alaska Business Opportunity | Kenai Peninsula | High Revenue Hospitality, Event Venue & Investment Property Near Nikiski Growth Corridor Rare opportunity to acquire a highly successful and long-established Alaska business for sale located on the Kenai Peninsula, strategically positioned to benefit from the significant economic expansion and workforce growth driven by the Nikiski LNG development corridor. This confidential offering represents a multi-million dollar revenue hospitality and event-driven business with decades of proven performance. The operation includes multiple revenue streams, on-site living accommodations, and large-scale event capacity, creating a unique opportunity for buyers seeking an Alaska real estate investment, business opportunity, or turnkey lifestyle venture. Due to the confidential nature of this offering, specific identifying details including name and exact location are withheld and will be released only to qualified buyers upon completion of a Non Disclosure Agreement. Investment Highlights - Established, high-volume Alaska business with over 50 years of operating history- Proven multi-million dollar revenue hospitality operation- Located on the Kenai Peninsula near major economic growth corridor- Positioned to benefit from Nikiski LNG workforce expansion and population growth- Includes valuable full dispensary liquor license- Multiple revenue streams including dining, events, and private functions- Turnkey operation with established systems and infrastructure- Strong repeat customer base and regional recognition Event Venue & Hospitality Capacity This property stands out as a full-scale hospitality and event destination, offering significant upside through private and large-scale events - Large banquet hall for weddings, corporate events, and private gatherings- Secondary event room for additional functions and flexible use- Full kitchen supporting high-volume service and catering operations- Bar and multiple dining areas creating diverse guest experiences- Ideal for expanding into weddings, retreats, corporate functions, and seasonal events The event component alone creates a major opportunity to increase revenue and position the business as a destination venue in Alaska. Culinary & Restaurant Opportunity Ideal for chefs, restaurateurs, and hospitality operators seeking a restaurant business for sale in Alaska with built-in scale - Established food service operation with dine-in and takeout capability- Multiple dining areas allowing for varied guest experiences- Scalable concept for lunch, dinner, and specialty menus- Opportunity to elevate branding into a destination dining experience- Strong appeal for buyers from culinary schools or restaurant groups Live Work Lifestyle Opportunity A rare feature of this offering is the inclusion of three separate on-site living quarters, providing flexibility for - Owner operators or management teams- Family run business operations- Staff housing or additional rental income- Buyers relocating from the Lower 48 seeking a combined business and lifestyle This creates a true live and work in Alaska opportunity with reduced overhead and operational efficiency. Growth & Expansion Potential Significant upside exists through - Increased demand from LNG related workforce and regional growth- Expansion of event bookings including weddings and corporate functions- Extended hours, seasonal offerings, and catering services- Enhanced marketing and digital presence- Leveraging location within a rapidly expanding economic region This positions the business as a strong long-term Alaska investment opportunity with scalable revenue. Alaska Real Estate & Business Appeal This opportunity is designed to attract buyers searching for - Alaska real estate for sale- Alaska business for sale- Restaurant for sale Alaska- Event venue for sale Alaska- Hospitality business Alaska- Investment property Alaska- Kenai Peninsula business opportunity- Live and work in Alaska- 1031 exchange investment property Confidentiality & Buyer Requirements This is a strictly confidential offering - Detailed information available only to qualified buyers- Non Disclosure Agreement required prior to release of location and financials- Buyers must be pre qualified before receiving additional materials- Location and branding intentionally withheld Summary This is a rare opportunity to acquire a long-standing, high-revenue Alaska hospitality and event business positioned in the path of major economic expansion. With multiple income streams, event venue capacity, on-site living accommodations, and strong regional demand, this offering represents a compelling combination of business ownership, real estate value, and lifestyle opportunity. Contact HUGH GROWTH TAKE ADVANTAGE OF THE NEW LNG FACILITY COMMING SOON NIKISKI ALASKA 50+ YEAR FAMILY RESTAURNT & BAR FOR SALE. No real estate at this price but owner will offer a very competitive lease with option to purchase. This Multi- Million dollar revenue LANDMARK business has everything, including (3) separate self contained apartments. PERFECT FOR A FAMILY TO TAKE OVER AND LIVE ON SITE. Upscale Lunch & Dinner with take out & PIZZA MENUE! Price includes a full dispensary liquor license valued at $250,000 Local financing available to qualified buyer but will need a sizable down. NOTE: location is not accurate and is not disclosed however it is located on the Kenai Peninsula Alaska in close proximity to take advantage of the massive growth in workforce and population created by LPG project in Nikiski. Prospective buyers must submit a completed NDA if interested in any details about this great opportunity. Contact direct NOTE: Business & Real Estate combined price is $3,000,000
    180 days
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    300
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    8
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    Zillow last checked:

    Listed by:

    Tom Lucas Sr,

    Mossy Oak Properties of Alaska - Wasilla 907-357-5100

    Source: REALSTACK,MLS#: 50765

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Features
      • Has basement: No
      Interior area
      • Total structure area: 16,000
      • Total interior livable area: 16,000 sqft
      Video & virtual tour

      Property

      Lot
      • Size: 1 Acres

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Other

      Community & HOA

      Location
      • Region: Kenai

      Financial & listing details

      • Price per square foot: $56/sqft
      • Date on market: 1/25/2026
      • Lease term: Contact For Details

        Estimated market value

        $838,600

        $797,000 - $881,000

        Not available

        Price history

        DateEventPrice
        1/25/2026Listed for sale$895,000$56/sqft
        Source: REALSTACK #50765 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 99611

        Getting around

        1 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

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