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Rare opportunity to own one of the most recognizable waterfront commercial properties on the World-Famous Homer Spit. Known locally as the ''Shellfish Building,'' this iconic .50-acre fee-simple property is one of the few opportunities to own land on the Homer Spit, making it a truly unique investment in one of Alaska's most visited destinations. The approximately 4,907-square-foot building is occupied by a diverse mix of established tenants, including the Kachemak Shellfish Mariculture Association, retail shellfish operations, the highly acclaimed Broken Oar Restaurant, and other long-term tenants, providing a blend of commercial, retail, office, restaurant, and warehouse uses. The property operates year-round and enjoys exceptional visibility, direct beach frontage, and stunning views of Kachemak Bay and the surrounding mountains.Designed with flexibility in mind, the building features private restrooms, multiple tenant spaces, and was engineered with room to accommodate a future elevator installation. Adding to its appeal is an impressive 6,510 square feet of platform deck space, creating endless opportunities for outdoor dining, events, retail displays, marine-related uses, or tenant expansion.The property has experienced storm-related impacts over time, and a professional engineering report is available for review upon request This allows prospective buyers to fully evaluate the property and explore future improvements or redevelop location within the Marine Industrial zoning district, the property offers a variety of commercial and marine-related uses in one of Alaska's most unique waterfront settings. Whether you are seeking a long-term investment, owner-user opportunity, redevelopment project, or iconic trophy asset, properties of this caliber and location rarely come to market.Own a piece of Homer history and secure your place on the World-Famous Homer Spit.
Property Type(s):
Commercial
| Last Updated | 6/19/2026 | Year Built | 2008 |
|---|---|---|---|
| Community | 1B - Kenai Peninsula Borough | County | Kenai Peninsula Borough |
Additional Details
| AREA | 1B - Kenai Peninsula Borough |
|---|---|
| LOT | 0.5 acre(s) |
| LOT DIMENSIONS | 21780.0 |
| SEWER | Public Sewer |
| STORIES | 2 |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, City Lights, Mountain(s), Ocean |
| WATER | Public |
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Petersburg Properties LLC are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage
All information is deemed reliable but is not guaranteed and should be independently verified for accuracy.
Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved
This IDX solution is (c) Diverse Solutions 2026.
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