$2,195,000
( $535.89Per Sq Foot )
 $11,783 est/mo Sourced by Back At You

195 E Pioneer Avenue,Homer, AK 99603

Homer, AK 99603

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Description

An Iconic Homer Landmark & Turnkey Investment Opportunity Own one of Homer's most recognizable and beloved entertainment venues. Alice's Champagne Palace has been a community gathering place for decades, drawing both locals and visitors with its vibrant atmosphere, live music, special events, and rich history. Situated on approximately one acre in a highly visible location along busy Pioneer Avenue, this exceptional commercial property offers more than 4,000 square feet under roof and is fully equipped for continued operation. Its spacious layout provides the flexibility to host concerts, private events, dining, and entertainment on a scale few properties in Homer can accommodate. An additional commercial space is currently leased to a popular drive-thru coffee shop, providing established rental income and enhancing the property's investment potential. With its established reputation, loyal customer base, and prime location in the heart of town, Alice's Champagne Palace presents a rare opportunity to acquire a truly turnkey business and commercial real estate investment. Whether you're looking to continue its legacy or bring your own vision to this iconic venue, the possibilities are as exciting as the property's history. This is a once-in-a-generation opportunity to own a cornerstone of Homer's entertainment scene.

Details

MLS #26-9603
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1976
Days On Site29
Listing Provided ByBerkshire Hathaway HomeServices Alaska Realty | Gina Pelaia

Features

SQ Feet4,096
Story(s)3
ZoningCBD - Central Business District
Acreage1.00
Property ViewBay, Glacier, Mountain(s), Ocean

Interior

HeatingForced Air, Natural Gas
Heating Yes / NoYes

Exterior

RoofMetal
Construction MaterialsWood Frame
Foundation DetailsBlock, Poured Concrete
Exterior Sp Finish Co Exterior Sp FinishWood

Utilities

SewerPublic Sewer

Location

Access Co AccessGovernment, Maintained

Taxes

Tax Map NumberN/A
Tax Legal DescriptionNILS O SVEDLUND AMD E1/2 OF L9 TR B & NILS O SVEDLUND AMD E and W1/2 OF L9 TR B

Area Information

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
Listing VS Median (in 99603)
Price:
$2,195,000
low | high
Med:
$619,000
100% of Average
sqft:
4,096
low | high
Med:
1,200
100% of Average
$ / sqft:
$536
low | high
Med:
$516
53.742444950645% of Average
On site:
29
low | high
Med:
102
28.43137254902% 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:
$2,195,000
low | high
Med:
$619,000
100% of Average
sqft:
4,096
low | high
Med:
1,200
100% of Average
$ / sqft:
$536
low | high
Med:
$516
53.742444950645% of Average
On site:
29
low | high
Med:
102
28.43137254902% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.646M - $2.743M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
106 W Pioneer Avenue Property Photo 1
$1,200,000
106 W Pioneer Avenue
Homer, AK 99603
Listing Updated: August 21, 2026 at 3:03:04 PM PDT
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