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$2,195,000
42 Days On Site

195 E Pioneer Avenue
Homer, AK 99603

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
4,096
SqFt
$536
/SqFt
1976
Built
Listing courtesy of Gina Pelaia of Berkshire Hathaway HomeServices Alaska Realty
195 E Pioneer Avenue195 E Pioneer Avenue195 E Pioneer Avenue195 E Pioneer Avenue
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Monthly Payment (Est.)

$10,014
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

An Iconic Homer Landmark & Turnkey Investment Opportunity Own one of Homer's most recognizable and beloved entertainment venues. Alice's Champagne Palace has been a community gathering place for decades, drawing both locals and visitors with its vibrant atmosphere, live music, special events, and rich history. Situated on approximately one acre in a highly visible location along busy Pioneer Avenue, this exceptional commercial property offers more than 4,000 square feet under roof and is fully equipped for continued operation. Its spacious layout provides the flexibility to host concerts, private events, dining, and entertainment on a scale few properties in Homer can accommodate. An additional commercial space is currently leased to a popular drive-thru coffee shop, providing established rental income and enhancing the property's investment potential. With its established reputation, loyal customer base, and prime location in the heart of town, Alice's Champagne Palace presents a rare opportunity to acquire a truly turnkey business and commercial real estate investment. Whether you're looking to continue its legacy or bring your own vision to this iconic venue, the possibilities are as exciting as the property's history. This is a once-in-a-generation opportunity to own a cornerstone of Homer's entertainment scene.

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Listing Snapshot
Price 
$2,195,000
Days On Site 
42 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,096 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1 Acre
Year Built 
1976
MLS® Number 
26-9603
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Acres 
1
Foundation 
Block
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
SqFt Total 
4096
Water Source 
Public
Zoning 
CBD - Central Business Di
Interior Features
Flooring 
HardwoodLinoleum
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Wood SidingFrame
Roof 
Metal
View 
BayMountain(s)Ocean
Waterview 
BayMountain(s)Ocean
Community Features
MLS Area 
1B - Kenai Peninsula Borough
Financing Terms Available 
CashConventional

The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than eXp Realty, Inc. 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. Listing Information is updated daily. Copyright 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved.
Last checked: 2026-09-11 09:58 PM UTC. Data Services Provided by Showcase IDX.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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