About 3695 Lake Street
This property can be your ''Gold-Mine''. Currently used for large retailer. Sits on 6 acres of land in the Central Business District on the most prime location in of Homer. It is the only ''whole parcel'' of acreage left in Homer and is the most valued commercial piece of land. Located at the only signal light in Homer at the corner of the Sterling Highway and Lake Street, (See Supplement). and is the best location on the Kenai Peninsula for visibility and traffic as visibility is approximately 1/2 mile in all three directions and is the most heavily traveled intersection in Homer. The two main "focal points" in Homer are the US Post Office & McDonald's and this parcel is located right in between them on the Sterling Highway. The first story of the the main building has about 8-9,000 sf of space and the second story has 1800-2000 sf of space. The second story is not yet completed. The partially completed 2nd story has a master suite, 2 guest bedrooms, living room, dining room, 2 baths, utility room, and kitchen. It was designed to have owner live upstairs, with business downstairs. The first story is currently used as a retail store, with 2 baths. There is an attached warehouse which is mostly finished and contains 2 bedrooms, kitchen, 2 baths (1 upstairs and 1 downstairs) which has been set up as living quarters. Retail store contains over $1 million in inventory which has not been included in sale price but could be negotiated. Sellers open to buyers outside of United States
Features of 3695 Lake Street
MLS® # | 23-1745 |
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Price | $4,000,000 |
Bathrooms | 0.00 |
Square Footage | 10,800 |
Acres | 5.00 |
Year Built | 1996 |
Type | Commercial Sale |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 3695 Lake Street |
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Area | 490 - Homer |
Subdivision | Waddell Park 2000 L1 |
City | Homer |
State | AK |
Zip Code | 99603 |
Amenities
View | City Lights, Glacier, Lake, Mountains |
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Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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# of Stories | 2 |
Has Basement | No |
Exterior
Construction | Wood Frame - 2x6, Block |
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Foundation | Poured Concrete, Other |
Additional Information
Date Listed | February 28th, 2023 |
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Days on Market | 708 |
Zoning | CBD - Central Business |
Foreclosure | No |
Listing Details
Office | Sun Properties, LLC |
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