$1,100,000
( $224.17Per Sq Foot )
 $5,905 est/mo Sourced by Back At You

3851 Homer Spit Road,Homer, AK 99603

Homer, AK 99603

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Description

Rare opportunity to own one of the most recognizable waterfront commercial properties on the World-Famous Homer Spit. Known locally as the ''Shellfish Building,'' this iconic .50-acre fee-simple property is one of the few opportunities to own land on the Homer Spit, making it a truly unique investment in one of Alaska's most visited destinations. The approximately 4,907-square-foot building is occupied by a diverse mix of established tenants, including the Kachemak Shellfish Mariculture Association, retail shellfish operations, the highly acclaimed Broken Oar Restaurant, and other long-term tenants, providing a blend of commercial, retail, office, restaurant, and warehouse uses. The property operates year-round and enjoys exceptional visibility, direct beach frontage, and stunning views of Kachemak Bay and the surrounding mountains.Designed with flexibility in mind, the building features private restrooms, multiple tenant spaces, and was engineered with room to accommodate a future elevator installation. Adding to its appeal is an impressive 6,510 square feet of platform deck space, creating endless opportunities for outdoor dining, events, retail displays, marine-related uses, or tenant expansion. The property has experienced storm-related impacts over time, and a professional engineering report is available for review upon request This allows prospective buyers to fully evaluate the property and explore future improvements or redevelop location within the Marine Industrial zoning district, the property offers a variety of commercial and marine-related uses in one of Alaska's most unique waterfront settings. Whether you are seeking a long-term investment, owner-user opportunity, redevelopment project, or iconic trophy asset, properties of this caliber and location rarely come to market. Own a piece of Homer history and secure your place on the World-Famous Homer Spit.

Details

MLS #26-7435
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year2008
Days On Site67
Listing Provided ByBerkshire Hathaway HomeServices Alaska Realty | Gina Pelaia

Features

SQ Feet4,907
Story(s)2
ZoningMI - Marine Industrial
Acreage0.50
Property ViewBay, City Lights, Mountain(s), O

Exterior

RoofAsphalt, Composition, Shingle
Foundation DetailsPilings

Utilities

SewerPublic Sewer

Location

Access Co AccessGovernment, Maintained

Taxes

Tax Map NumberN/A
Tax Legal DescriptionHomer Spit Amended L6

Area Information

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
Listing VS Median (in 99603)
Price:
$1,100,000
low | high
Med:
$619,000
93.727272727273% of Average
sqft:
4,907
low | high
Med:
1,200
100% of Average
$ / sqft:
$224
low | high
Med:
$516
80.10856060606% of Average
On site:
67
low | high
Med:
98
68.367346938776% of Average
Sourced by Back At You

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Learn More About This Property

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
Listing VS Median (in 99603)
Price:
$1,100,000
low | high
Med:
$619,000
93.727272727273% of Average
sqft:
4,907
low | high
Med:
1,200
100% of Average
$ / sqft:
$224
low | high
Med:
$516
80.10856060606% of Average
On site:
67
low | high
Med:
98
68.367346938776% of Average
Sourced by Back At You
Listing Updated: August 10, 2026 at 2:58:53 PM PDT