3695 Lake Street, Homer, AK


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Square feet



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
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
Area 490 - Homer
Subdivision Waddell Park 2000 L1
City Homer
State AK
Zip Code 99603


View City Lights, Glacier, Lake, Mountains
Is Waterfront No
Has Pool No


Fireplace No
# of Stories 2
Has Basement No


Construction Block, Wood Frame - 2x6
Foundation Poured Concrete, Other

Additional Information

Date Listed February 28th, 2023
Days on Market 475
Zoning CBD - Central Business
Foreclosure No

Listing Details

OfficeSun Properties, LLC

Listing Map

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