3595 Restaurant Street
Soldotna, AK 99669

Established Kenai Peninsula Commercial Investment - Real Estate, Businesses & Residential Income
Exceptional opportunity to acquire a diversified commercial investment on the Kenai Peninsula combining 17,282 square feet of commercial and residential improvements, established restaurant and sports-bar operations, two liquor licenses, three residential apartment units. PICTS NOT ACTUAL PROPERTY Combined real estate and businesses + associated land and parking in one offering.

This is an established operating property with multiple potential income streams and substantial existing improvements, offering an investor or owner-operator the opportunity to acquire both the operating businesses and the underlying real estate.

Investment Highlights
Approximately 17,282 SF of total improvements
Approximately 1.17 acres
Established full-service restaurant
Large dining and banquet/event facilities
Popular sports-bar operation
Outdoor seating and entertainment area
Two liquor licenses, subject to applicable transfer approvals
Commercial kitchen, bar, furniture, fixtures and operating equipment, subject to final asset schedule
Three residential apartment units
Two 2-bedroom apartments
One 3-bedroom apartment
Two-vehicle garage
Ample customer and business parking
Established operating history and local customer base
Real estate and operating businesses included in the offering
Business & Income Performance

The combined hospitality businesses generated Multi-million in 2025 revenue.

2025 Adjusted SDE: approximately $465,000
Weighted Normalized SDE: approximately $407,000

The three residential units provide additional rental-income potential:

Two 2-bedroom units at approximately $1,600/month each
One 3-bedroom unit at approximately $2,000/month
Potential Residential Rental Income: $5,200/month
Potential Residential Rental Income: $62,400 annually

Apartment-related operating expenses have historically been reflected within the property's operating financials; however the rental income has not been reflected in current financials.

Based upon normalized business SDE plus potential residential rental income, the property provides a ...

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© 2026 Alaska MLS.

Alaska MLS data last updated on October 08, 2026 01:07 PM - AKT.

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IDX Services Provided by Propertybase GO d/b/a Propertybase Inc.

Property Last Updated: October 08, 2026 01:07 PM - AKT

Listing Courtesy of: Mossy Oak Properties of Alaska - Wasilla
Listing Agent: Thomas M Lucas III
907-521-5511

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Principal and Interest
Property Taxes 658
HOA Fees 0
Homeowners Insurance 1797
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