253 Main St - Residential Income FOR SALE


Seldovia, AK 99663
$1,800,000 USD
907-351-4794
253 Main St, Seldovia, AK for Sale
$1,800,000 USD
Residential Income - FOR SALE
1/4
null | 8% Cap Rate

253 Main St
Seldovia, AK 99663


HIGHLIGHTS

  • Waterfront Location
  • Beverage and Package Liquor License
  • Multiple Revene Sources
  • Heavy day time traffic

OVERVIEW

Linwood Bar & Grill/Turnkey Waterfront Bar, Restaurant & Liquor Store with Residential Units Multiple revenue streams: full-service bar, established restaurant, package liquor store, and on-site residential units Year-round operation supported by strong local patronage and peak summer tourism Well-maintained building with an expanded commercial kitchen and efficient back-of-house layout designed for high-volume seasonal demand Residential income & flexibility: owner occupancy, staff housing, or short-term rental upside Prime waterfront proximity near Seldovia Harbor with excellent visibility and walk-in traffic Two city lots with parking and commercial frontage Property & Facilities: The second floor includes four separate residential living spaces: One-bedroom / one-bath apartment with full kitchen Two-bedroom / one-bath apartment Two private living quarters, each with its own bathroom Historically used for owner and staff housing, these units offer additional income potential through short-term rentals during peak seasons. Business Overview: The Linwood is a long-standing community hub combining a full bar, a proven food program, and package liquor sales. Interior improvements include conversion of former smoking areas into modern storage and pantry space, supporting operational efficiency and scalability.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$245 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Linwood Bar

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

Commercial

APN/PARCEL ID

192-030-64

ASK ABOUT THIS PROPERTY

Joseph MillerREAL Broker AlaskaMore Info
907-351-4794

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Joseph MillerREAL Broker AlaskaMore Info
907-351-4794

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.