Properties and businesses for sale in Alaska are commonly labeled “unique,” and in many cases, that description is warranted. This one, however, is truly rare and offers an opportunity to own and be part of something special. One of only a few privately owned landholdings left on the Homer Spit (slated for Harbor Expansion) and with a booming summer economy, this Boardwalk has undergone significant rebranding and re-visioning with select tenants carrying forward a very special legacy of commerce on the Homer Spit. Every building (though privately owned) has refreshed their exterior and adds to the attractiveness and curb appeal. Presently offering a non-compete marketplace, the boardwalk keeps visitors of all ages interested in spending their time above and below the Boardwalk. Opportunities for more, rental bike/kayak businesses, water based operations or sight seeing relationships could also be an opportunity for expansion.

Being part of summer life on the Homer Spit comes with a contagious energy that is difficult to describe until you experience it. The Homer Shores Boardwalk has a long-standing history as a busy destination and has continued to produce growing profits year after year. Situated across from Homer Harbor its unique location affords it ample parking and views like nowhere else on the planet for those traveling in and locals alike.

The boardwalk also has several significant advantages over many other properties on the Homer Spit. Most notably, the property is privately owned rather than leased from the City of Homer, one of only a few left offering the freedom and visibility to continue growing the sales potential of the largest gift and toy store in Homer. Because of that, tenants also participate in CAM fees and provide for their own utilities.

Thousands of visitors from Alaska and around the world walk the boardwalk each season. To put that traffic into perspective, one 600sq. ft. shop on the boardwalk tracked approximately 35,000 visitors through its doors in a single season. Sunken Treasures at 4 times that size simply will say they can't possibly count the people coming and going but sales counts and a line through the store continues to show it's popularity and presence as a polarizing venue having offered live music events and the inaugural Harbor Fest which is now a huge music and exhibitor event held across from the Boardwalk.

The purchase of this property and buisness provides an opportunity to own the Homer Shores Boardwalk itself, including the income from existing tenant leases, along with the established Homer Shores/Sunken Treasures retail store. The store carries a wide variety of merchandise, including jewelry, clothing, books, gift specialties from Homer and Alaskan-made food, kitchen items, and a full toy store.

The upper apartment has been used for employee housing, owner housing, and has the potential to be rentable space if they buyer chose to pursue that option. Stewardship, vision and entrepreneurial spirit will continue to grow the Homer Shores icon into its next chapter!

This is much more than the sale of a building and retail business. It is an opportunity to own an established piece of the Homer Spit, beachfront ownership that can't be found anywhere else in the Country as this price with these assets and benefit from multiple sources of established income. The buyer will continue building onto something that has been successful for many years!