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510 E Pioneer Avenue, Homer, Alaska

$498,900 REDUCED 9%
  • $498,900
  • 1,714
  • .34
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BIG Price reduction and SELLER FINANCING now!!! This iconic Homer eatery has been serving delicious breakfast, lunch and dinner specialties to satisfied foodies since 2003. You can walk right in and start making delicious meals and consistent revenue. Sale includes all recipes, website, business name, furniture, fixtures, equip, transferable beer and wine license, and furnished upstairs apartmentThe location is great-in the heart of town within walking distance to both the college and high school campuses, fire hall, police station and local galleries! Plus Cosmic Kitchen is directly across the street from the Homer City Hall where overflow parking is permitted on the City lower level lot. There is a vibrant "to go" business as well as room for 38 hungry guests either inside or in the "all season" covered deck area, and seating for 32 more on the open deck. Deck diners also benefit from the great south facing views to Kachemak Bay and the mountains and glaciers across the Bay. This business has been nurtured and supported by a well established staff, many of whom would love to stay on. There is a great vibe-regulars are greeted by their first names, vibrant colors inside and out cheer everyone every season, and the delicious eclectic menu satisfies every palate. Speaking of the menu-items have been tested, proven and lauded for years, so the base is solid. Plus lunch and dinner specials will give you the chance to showcase your creative, culinary skills. Another big plus is that you can choose to live upstairs and be close to the action or the upstairs apartment could be an additional revenue source as a vacation rental or staff quarters. Sellers are retiring but they love this business they have created and they will provide transitional training so that you can step in and succeed immediately. Do not miss out on this opportunity!!!

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Essential Information

  • MLS® # 19-3816
  • Price $498,900
  • Square Footage 1,714
  • Acres 0.34
  • Year Built 1989
  • Type Commercial Property
  • Style Mixed Use
  • Status Active
  • Annual Tax Amount $2,522
  • Tax Year 2019

Community Information

Amenities

  • Features Corner Lot, DSL/Cable Available, HW Heater - Elec, In City Limits, Living Quarters, On-Site Parking, Stand Alone Unit, Master Meter - Elec, Master Meter - Gas, Restroom(s)-Handicap
  • View Bay, Glacier, Mountains, City Lights

Interior

  • Heating Monitor
  • # of Stories 2

Exterior

  • Exterior Wood
  • Roof Metal
  • Construction Wood Frame
  • Foundation All-Weather Wood

Additional Information

  • Date Listed March 20th, 2019
  • Days on Market 262
  • Zoning CBD - Central Business District

Listing Details

  • Listing Office: Homer Real Estate

Financials

  • $/SqFt $291

Price & Status History

Date Details
Price Reduced from $549,500 to $498,900

Neighborhood Information

Moderate Residential Turnover, Coastal Area

  • Icon of money $385,000

    Median Price

  • Icon of a grid layout $170

    Median Price/Sqft

  • Icon of a bar graph 96.99%

    Sale/List Ratio

  • Icon of a house 112

    # of Homes SoldWithin the Last Year

  • Icon of a person walking 51/100

    Walk Score®Somewhat Walkable

  • Icon of a raincloud 25.45″

    Annual Precipitation

  • Icon of a sun 29.30°F /61.00°F

    Avg. Highs -
    Jan/July

  • Icon of a cloud and moon 17.50°F /47.20°F

    Avg. Lows -
    Jan/July

  • Icon of a group of people 10,422

    PopulationBased on Nearest ZIP Code

  • Icon of a person 39

    Median Age

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Listing information last updated on December 5th, 2019 at 10:49pm AKST.