A rare opportunity to own a fully renovated, code-compliant restaurant property in historic downtown Palmer. Located at 927 S Cobb Street, this pre-statehood cottage has been thoughtfully upgraded in 2022 with new flooring, heating, plumbing, electrical, and ADA accessibility, while preserving its original character. The property includes a fully equipped Alaska DEC-approved commercial kitchen, daylight basement bakery, espresso bar, and two dining rooms with seating for up to 35 guests. Large east-facing windows offer stunning views of Matanuska Peak and the Chugach Range. Situated on a high-visibility lot with lush green space and mature birch trees, the site is within walking distance of Palmer’s downtown attractions and seasonal events. The sale includes all furnishings, kitchen equipment, and POS hardware, with a rare Restaurant/Eating Place Beer & Wine License available for transfer upon negotiation. Zoned Commercial General with dedicated parking, this property is ready for immediate occupancy and business launch. ---------------------------------------- The Lot: The property is a narrow lot — approximately 50' wide - stretching between Cobb St. and a service alley with a multi-family home to the north and a non-operational commercial property to the south. The site is visible from S Colony Way and Evergreen Ave - two major roads in Palmer. The property has plenty of garden/green space, including two very old and stately birch trees that make the property stand out against the surrounding businesses. ---------------------------------------- The Area: 927 S Cobb St sits just southwest of Palmer's downtown and is walking distance to Palmer's Friday Fling, the new Poppy Lane location, the Colony Way bars, and the Matanuska Farmer's Market. This is a great spot to capture the tourist traffic during Colony Days, Colony Christmas, and the Alaska State Fair. The restaurant's east-facing dining room boasts three huge windows with views of Matanuska Peak and the Chugach Range, often illuminated by the setting sun. Palmer & South Cobb Street offer a neighborhood atmosphere just a short drive from Wasilla, Eagle River, and Anchorage. ---------------------------------------- Included Equipment (New in 2022): 1 8' Ventilation Hood with Fire Suppression System, 1 6-Burner Volcan Range with Ovens and Flat Top, 1 Moveable Gas Flat Top, 2 Blodget Gas Convection Ovens*, 2 Counter-Height Refrigerators, 1 Prep-Cooler Refrigerator, 1 Walk-in Refrigerator, 1 Standing Freezer, 1 Chest Freezer, 1 Microwave, 1 Bain-Marie, 1 Commercial Ice Maker, 1 Two-Group Espresso Machine, 1 Commercial Drip Machine, 1 Espresso Grinder, 1 XL Floor Mixer, 1 Large Countertop Mixer, 1 5' Bakery Butcher Block, 1 Heatlamp Cutting Station, 1 Proofing Box, 1 Low-Temp Dishwasher, Sinks, Shelving, Tables, Chairs, Storage, Cuttlery, Glassware and Serveware. *purchased used in 2022 ---------------------------------------- Utilities (New in 2022): The property is connected to City of Palmer water and waste, MTA internet, MEA power, and commercial gas through ENSTAR. All utility systems, including heating, were completely gutted and updated in 2022. Dumpster service is provided by the city. MEA power is via a buried line. ---------------------------------------- Zoning, Parking & Capacity: The property is zoned Commercial General (CG) and is within the Central Business District (CBD) of Palmer. Zoning allows for five seats per parking spot, with two street parking spots allocated to the property and five parking spots accessible via the alleyway. Businesses at this location require a Palmer Business License (3% Sales Tax) and an Alaska Business License. ---------------------------------------- Business: Feather & Flour, LLC will not be sold as a business with this property. Financial documents (aside from those associated with the real property and equipment) or business feasibility studies will not be provided to interested buyers. ---------------------------------------- Liquor License: Feather and Flour, LLC currently holds a Restaurant/Eating Place license — one of few in the Palmer City Limits. Transfers of this license to a qualifying business will be negotiated during the sale of the property, but not guaranteed. ---------------------------------------- For more information and a look inside operations within the building, please visit the Feather & Flour Instagram: @featherandflour **FOR SALE BY OWNERS**