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For sale
  • $1,150,000

    1150 Restaurant St, Soldotna, AK 99669

    --beds
    0baths
    --sqft
    : 
    $7,360/mo
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    Other
    Built in ----
    -- sqft lot
    $1,109,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Outdoor seatingAmple associated customer parking
    Established Alaska Hospitality Business Package FULL SERVICE RESTAURANT /BAR WITH LARGE MULTIPLE BANQUET ROOMS SEATING UP TO 150 + SEPARATE INDEPENDANT "SPORT BAR PUB" Kenai Peninsula, Alaska | Offering Price: $1,150,000 Listing Overview NOTE: picture are for demonstations and are not actual picture of the property. Confidential Listing Rare opportunity to acquire two established and complementary hospitality businesses on Alaska's Kenai Peninsula. This combined offering consists of an established full-service restaurant with substantial dining and banquet/event facilities, together with an adjacent popular sports bar featuring indoor and outdoor seating. The businesses offer a long operating history, established customer recognition, strong normalized owner cash flow and extensive existing restaurant and bar infrastructure. Investment Highlights Offering Price: $1,150,000 Two established operating businesses Full-service restaurant with large dining and banquet/event facilities Popular sports bar operation with indoor and outdoor seating Two liquor licenses, subject to transfer and applicable regulatory approval Established commercial kitchens and bar facilities Furniture, fixtures and operating equipment included, subject to final asset schedule Long-established operating history and customer recognition Approximately 11,300 SF of operating space Ample associated customer parking Anticipated gross lease at approximately $0.90/SF per month Estimated occupancy cost approximately $10,170/month ($122,040/year) Final lease rate and terms negotiable with the property owner NO REAL ESTATE INCLUDED Financial Performance The combined businesses have demonstrated strong normalized owner cash flow and improving recent operating performance. APPROXIMATELY 25% LEASE-ADJUSTED NORMALIZED SDE-TO-PURCHASE-PRICE RETURN This indication is based on historical normalized Seller's Discretionary Earnings after allowing approximately $122,000 annually for the anticipated gross lease. Actual results will vary based on final lease terms, operations, financing, taxes and buyer-specific expenses. Detailed financial statements, normalized SDE calculations and supporting business information are available to qualified prospective purchasers subject to confidentiality requirements. Lease Opportunity Real estate is not included in the sale. The current property owner intends to establish a new commercial lease with the business purchaser for approximately 11,300 SF together with associated customer parking. The seller has indicated an anticipated rental rate of approximately $0.90 per square foot per month, or approximately $10,170 monthly, with the expectation of a gross lease structure. Final rental rate, lease term, renewal options and other lease provisions are negotiable and will be established in connection with the business transaction. Business & Asset Offering The offering is intended to include the going-concern restaurant and sports-bar businesses together with customary operating assets, furniture, fixtures and equipment, transferable goodwill and two (2) reported liquor licenses, subject to final verification and regulatory approval. Food and beverage inventory may be handled separately at verified cost at closing. Suggested Buyer Profile Experienced restaurant or bar operators Regional hospitality companies Multi-location restaurant operators Owner-operators Investors seeking an established Alaska hospitality platform Buyers seeking significant existing infrastructure without the additional capital requirement of purchasing the underlying real estate Confidential Offering This is a confidential business offering. Business names, exact revenue, detailed financial statements and underlying SDE calculations are intentionally withheld from public advertising. Additional information is available to qualified prospective purchasers following appropriate confidentiality procedures. Offering Price: $1,150,000
    34 days
    77
    0

    Zillow last checked:

    Listed by:

    Thomas M Lucas III,

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

    Source: REALSTACK,MLS#: 115658

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Features
      • Has basement: No
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      Construction

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

      Community & HOA

      Location
      • Region: Soldotna

      Financial & listing details

      • Date on market: 8/26/2026
      • Lease term: Contact For Details

        Estimated market value

        $1,109,800

        $1.05M - $1.17M

        $2,376/mo

        Price history

        DateEventPrice
        8/26/2026Listed for sale$1,150,000
        Source: REALSTACK #115658 Report a problem

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        Climate risks

        Neighborhood: 99669

        Getting around

        48 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

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