66445 Oil Well Road, Ninilchik, AK 99639

$530,000
Active for Sale
 
Listing ID 55008535
Property Type Commercial
County Kenai Peninsula
Total Tax $3,127
Tax ID 15943064 & 15943065 (2 lots)
FEMA Flood Map fema.gov/portal
Year Built 2010
   
Virtual Tour
Alaska investment opportunity! Property features a 1, 267 square foot Cafe PLUS 7 efficiency rental cabins and a laundry/storage build on 2 lots (1.94 acres)!! Currently, the cabins alone bring in a substantial NET profit as monthly rentals, while the cafe is ready to work for a baker, a chef's kitchen. Insurance replacement value $1, 101, 700.00. Gain more income w/short term rentals in summer. CREATE a dream fishing experience, just minutes from WORLD CLASS fishing. (2 miles from Deep Creek Boat Launch) Just think of all the amazing ways you could amplify this property by adding RV hook ups, a drive through coffee cart and more! Utilize the commercial kitchen to its fullest potential, curate a gift shop, add more cabins... the list goes on! Two wells, two septic systems, tons of available parking space for cars, boats, trailers.... 7 Studio Cabins are each outfitted with a kitchen/kitchenettes, shower, bed, natural gas heater, and sunny front deck with laundry and utilities in Cabin #8. Cafe outfitted with Commercial Kitchen and Quaint Seating Area for you and your clients to enjoy for years to come. This property is beaming with pride in ownership. Sellers have done so many updates with efficient water heaters, heating systems, and more! Current Leases All cabins are full through April utilities included. Cabin #1 $850.00 Cabin #2 $900.00 Cabin #3 $850.00 Cabin #4 $850.00 Cabin #5 $900.00 Cabin #6 $1, 100.00 Cabin #7 $1, 200.00 2022 Gross Income $51, 992.00 ($4, 332.66 a month) 2023 Gross Income $46, 537.33 ($3, 878.11 a month) 2024 Gross Income $52, 246.55 ($4, 353.88 a month) 2025 Gross Income $58, 603.34 ($4, 883.61 a month) Expenses Annual (1 Year/12 Months) $112.75 Square/Credit Card Processor $1, 019.88 ACS Internet $158.90 Office Supplies $5, 966.69 Enstar $3, 990.01 HEA $3664.90 Property Tax $3, 985.63 Property Insurance/Business Insurance $4, 271.36 Maintenance $100.00 Business License Total $23, 270.12 ($1939.18 a month) Plus Below 2 Items Below *Sales Tax Varies Depending On Rents (monthly vs nightly) *Seller hauls their own garbage
Property Details
  • 1.94 Acres
  • 84506 SF Lot
  • Built in 2010
  • 1 Story
Exterior Features
  • Metal Roof
  • Private Septic
Taxes and Fees
  • $3,127 Total Tax
  • Tax Year 2024
Listed By
EXP Realty, LLC
Office: 907-519-0095
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