• Asking Price $425,000
  • Estimated Value: $179,804
  • 41110 STERLING HWY HOMER, AK 99603

  • 3 Baths 1,080 SqFt
  • Multi-family (5 or more units) / Resale (MLS)

Property Details for 41110 STERLING HWY, HOMER, AK 99603

Features

  • Price/sqft: $393
  • Lot Size: 81457 sq. ft.
  • Stories: 100

Facts

  • Year Built: 01/01/2022
  • Property ID: 895048079
  • MLS Number: 23-9229
  • Parcel Number: 173-520-03
  • Property Type: Multi-family (5 or more units)
  • County: KENAI PENINSULA
  • Legal Description: T 6S R 14W SEC 9 SEWARD MERIDIAN HM 0750033 SUNNY SLOPE SUB UNIT 1 LOT 3 BLK 1

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. Highly Visible, High Traffic Business Opportunity in Homer is looking for an Entrepreneur! Homer Tiny Suites is 4.37 Acres of property just north of Homer. Housing is one of Homer's major concerns and this property is ready to develop with multiple housing/ RV Parking options, but many types of businesses could thrive in this location.The property has a Utility Shed 20x30, two foundations 14'X28', 12 in thick on two parcels of land. Property has a new commercial septic system, two 2, 500-gallon cisterns, Natural Gas and a Lily Pad Pond. The sale includes Starlink internet equipment and cameras. The Tiny Homes can be sold with the property (see MLS 22-15372) or separately (MLS 23-282) They are not included in this listing and will be moved prior to closing. Two entrances with 650 ft of Sterling Hwy frontage make this an ideal location for an income property. Imagine a Vacation Rental with a mini golf course around the pond and an Ice Cream shop. Property has been appraised (see docs) with Northrim Bank. Seller will consider owner financing.

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