1150 Restaurant Street,Soldotna, AK 99669
Soldotna, AK 99669
Description
Established Restaurant, Sports Bar & Hospitality Operations - Business Only Two established and complementary hospitality operations on the Kenai Peninsula. Combined business and asset sale with no real estate included. The offering combines an established full-service restaurant with formal & casual dining with banquet facilities together with an adjacent popular sports bar PHOTOS NOT ACTUAL Business Highlights" Multi- million in 2025 combined revenues" Long-established operating history" Full-service restaurant /bar dining facilities" Banquet and special-event facilities" Popular sports bar operation" Outdoor bar/seating area" Established food and beverage operations" Two liquor licenses, subject to applicable transfer approvals" Existing commercial kitchens, bars, furnishings, fixtures and operating equipment, subject to final asset schedule" Approximately 11,350 SF of commercial operating space" Ample associated customer parking" Real estate not includedLeaseThe real estate will remain under current ownership. A competitive commercial lease for approximately 11,350 SF together with associated parking will be established with the purchaser.Lease rate, term, renewal options and other lease provisions are negotiable and will be established as part of the transaction.Financial InformationThe businesses have demonstrated improving operating performance, with approximately Multi-million in combined 2025 revenue and substantial normalized owner cash flow.Detailed financial statements, normalized Seller's Discretionary Earnings (SDE), asset information and additional operating information will be made available to qualified prospective purchasers subject to confidentiality requirements.
Details
| MLS # | 26-10921 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 44 |
| Listing Provided By | Mossy Oak Properties of Alaska - Wasilla | Thomas M Lucas III |
Features
| SQ Feet | 11,350 |
|---|---|
| Story(s) | 1 |
| Zoning | C - Commercial |
| Acreage | 0.94 |
| Property View | City Lights, Unobstructed |
Interior
| Heating | Natural Gas |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Other, Unknown - BTV, Composition |
|---|---|
| Construction Materials | Unknown, Other |
| Foundation Details | Other, Slab |
| Exterior Sp Finish Co Exterior Sp Finish | Stucco |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Access Co Access | Government, Maintained, Paved |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|---|
| Tax Map Number | N/A |
| Tax Legal Description | Business Only No Real Property |
Area Information
| State | AK |
|---|---|
| City | Soldotna |
| Zip Code | 99669 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Soldotna |
| Listing VS Median (in 99669) | |
Price: $1,150,000 low | high Med: $424,500 sqft: 11,350 low | high Med: 683 $ / sqft: $101 low | high Med: $627 On site: 44 low | high Med: 85.5 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Soldotna |
| Zip Code | 99669 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Soldotna |
| Listing VS Median (in 99669) | |
Price: $1,150,000 low | high Med: $424,500 sqft: 11,350 low | high Med: 683 $ / sqft: $101 low | high Med: $627 On site: 44 low | high Med: 85.5 | |