Turnkey 3,162 SF Pizzeria & Living Quarters with FF&E with Sterling Highway Frontage. Located on a high-visibility 0.87-acre lot right next to the newly expanded Three Bears General Store in Ninilchik and halfway between Soldotna and Homer. This destination location has drawn steady year-round locals, Kenai Peninsula Fairground and Salmonfest crowds, and heavy summer tourist traffic since 2010. Bring a conforming offer, and the complete commercial kitchen equipment infrastructure and custom artisan dining furniture worth $61,000 (per equiptment List/FF&E, available upon request) are included in the sale. The property features an expansive parking lot built to accommodate large trucks, boats, and RV traffic, alongside integrated on-site living quarters (2 rooms, laundry, bathroom) perfect for a convenient live-work layout or employee housing. The charming dining space showcases local Alaskan character with custom wall murals by Linda Smith and rustic log furniture handcrafted by Ken Scofield. Natural gas is on site. Avoid the steep costs and delays of building from scratch.
Turnkey 3,162 SF Pizzeria & Living Quarters with FF&E with Sterling Highway Frontage. Located on a high-visibility 0.87-acre lot right next to the newly expanded Three Bears General Store in Ninilchik and halfway between Soldotna and Homer. This destination location has drawn steady year-round locals, Kenai Peninsula Fairground and Salmonfest crowds, and heavy summer tourist traffic since 2010. Bring a conforming offer, and the complete commercial kitchen equipment infrastructure and custom artisan dining furniture worth $61,000 (per equiptment List/FF&E, available upon request) are included in the sale. The property features an expansive parking lot built to accommodate large trucks, boats, and RV traffic, alongside integrated on-site living quarters (2 rooms, laundry, bathroom) perfect for a convenient live-work layout or employee housing. The charming dining space showcases local Alaskan character with custom wall murals by Linda Smith and rustic log furniture handcrafted by Ken Scofield. Natural gas is on site. Avoid the steep costs and delays of building from scratch.
STORE, CAFE/BAR, AND RESIDENTIAL TRAILER! Amazing business opportunity in Happy Valley. This sale includes the Happy Valley Store and the Happy Valley Cafe. Sale comes with a total of three lots, one with a residential trailer. Great location right off the Sterling Hwy. Plenty of room left on the 5.65 acres for other income possibilities!
STORE, CAFE/BAR, AND RESIDENTIAL TRAILER! Amazing business opportunity in Happy Valley. This sale includes the Happy Valley Store and the combined Happy Valley Bar & Cafe. Sale comes with a total of three lots, one with a residential trailer. Great location right off the Sterling Hwy. Plenty of room left on the 5.65 acres for other income possibilities!
Income Producing Rental Property: Unlimited Possibilities! This property offers an excellent investment opportunity, providing multiple income streams through both short-term and long-term rentals. With three short-term rental cabins and two long-term rental units, it can accommodate various types of tenants throughout the year. The Cabins: Bear & Wolf Cabins: These dry cabins each feature a kitchenette, sleeps 5-6 guests, and are 231 sq. ft. each. Moose Cabin: This cabin has a full kitchen, a ¾ bath, sleeps 6 guests, is 472 sq. ft., and includes a lean-to with freezer storage and covered porch. Shared Wash House: A dual bathroom facility with laundry, 423.5 sq. ft., with an attached tool shed and loft storage. Long-Term Rentals: Double Wide: A 3-bedroom, 1-bathroom home with mountain views, 989 sq. ft.. Single Wide: A 2-bedroom, 1-bathroom unit with mountain views, 773.5 sq. ft.. Additional Features: An insulated and powered 1,200 sq. ft. shop for storage or workspace. A new 192 sq. ft. shed with a lean-to, prepped with power and water lines, ready for a fish cleaning station, freezer storage, or other uses. Fish cleaning table and additional storage shed for equipment or supplies. Additional water and sewer hookups ready for the construction of a new cabin. 5 full RV hookup spots for additional rental income. Insulated and heated well house with a commercial well, ensuring a reliable water supply. 2 septic systems servicing the property. Landscaped lawn that could be utilized for additional camp tent sites. A community campfire area for guests to gather and enjoy the natural surroundings. With peekaboo views of Mt. Iliamna and Redoubt, this property offers an idyllic setting for guests while providing plenty of room to grow or expand. Whether you're looking to continue running it as a vacation rental, start a charter business, or use it for something entirely new, the options are truly limitless!
Welcome to Deep Creek Fishing Club, a premier Alaska coastal lodge offering the perfect blend of adventure, luxury, and hospitality. Nestled on 7.94 acres atop a private bluff in the picturesque village of Ninilchik, this remarkable Oceanview estate captures sweeping views of Cook Inlet and the majestic volcanoes of Iliamna and Redoubt. The main lodge spans approximately 4,500 square feet and was crafted from Norwegian pine logs with Pennsylvania bluestone floors, Swedish pine interiors, and 15 handcrafted stone fireplaces. Three upscale duplex guest cabins provide elegant accommodations with private entrances and panoramic ocean views. The property operates as a fully equipped, all-inclusive fishing lodge and hospitality business, complete with fine-dining facilities, commercial kitchen, walk in freezer, outdoor recreational lodge Alcoholic Beverage License and all furnishings, equipment, and vessels necessary for a seamless transition. Guests enjoy both saltwater and freshwater guided excursions, with access to some of the best fishing waters in Alaska. Two Everglade 350 EX with 3 engines each. Daily itineraries are tailored to maximize each guest's experience, and optional helicopter fly-out fishing adventures provide access to remote areas and unforgettable angling opportunities. This property offers exceptional versatility whether continuing its legacy as a world-class fishing destination, converting it to a private family retreat, or developing it as a corporate or adventure lodge. Deep Creek Fishing Club embodies the authentic spirit of Alaska while providing the comfort, elegance, and craftsmanship expected of a luxury estate. Located in Ninilchik on the Kenai Peninsula, the lodge is easily accessible yet maintains complete privacy and serenity.
KENAI PENINSULA BEVERAGE PACKAGE LICENSE! This license can be used anywhere on the Kenai Peninsula outside of incorporated city limits! This is a liquor license only, no real property conveys. This license can be transferred to a new owner with an approved application from the Alcoholic Beverage Control Board.

Ninilchik is located in Alaska. Ninilchik, Alaska has a population of 964. Ninilchik is less family-centric than the surrounding county with 23.2% of the households containing married families with children. The county average for households married with children is 30.39%.
The median household income in Ninilchik, Alaska is $51,958. The median household income for the surrounding county is $70,609 compared to the national median of $69,021. The median age of people living in Ninilchik is 48.8 years.
The average high temperature in July is 62.7 degrees, with an average low temperature in January of 10.7 degrees. The average rainfall is approximately 24.1 inches per year, with 64.8 inches of snow per year.