10821 Kenai Spur Hwy Kenai, AK 99611

This exceptional Alaskan business opportunity encompasses a thriving hotel, restaurant, and bar complex ideally situated on Kenai Spur Highway in Kenai, Alaska. The property boasts a substantial 20,298 square feet on a 1.23-acre lot, offering ample space for its diverse operations. The Uptown Hotel comprises 50 guest rooms, providing comfortable accommodations for a wide range of travelers. Complementing the hotel are two popular food and beverage establishments: Louie's Restaurant, known for its renowned menu, and The Back Door Lounge, a 1,600 square foot bar. This established business has enjoyed a strong reputation for 40 years, attracting customers both locally and internationally, solidifying its status as an Alaskan landmark. Adding significant value, the property includes two dispensary licenses, presenting a unique and lucrative additional revenue stream. The asking price for this turnkey operation is $3,850,000, translating to $189.67 per square foot. This represents a rare chance to acquire a well-established and highly profitable business with significant growth potential in a desirable Alaskan location. The property's prime highway location ensures high visibility and accessibility, further enhancing its appeal to both tourists and locals. This is a truly exceptional opportunity for an investor seeking a diverse and established business in a vibrant community.