66445 Oil Well Road, Ninilchik, AK 99639

$650,000 Asking Price

7 beds
8 baths
1,267  sqft
Built in 2010

Multi-family income opportunity to transform ''Ninilchik Cabins and Cafe'' into your own cash cow! 8 Cabins on 1.94 acres with 1,267 square foot Cafe and Commercial Kitchen! Currently, the cabins alone bring in a substantial net profit as monthly rentals, while the cafe is ready to maximize income as a bakery, a diner... Host an all inclusive 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! Utilize the commercial kitchen, 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.... YOU can make it all happen HERE at 66445 Oil Well Road! 7 Studio Cabins are each outfitted with a kitchen/kitchenettes, shower, bed, natural gas heater and on demand water 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.


Features & Amenities

Interior

General:
CO Detector(s), Dishwasher, Gas Cooktop, Microwave (B/I), Range/Oven, Refrigerator, Smoke Detector(s), Washer &/Or Dryer, Window Coverings, Laminate Counters
Flooring:
Laminate, Linoleum, Carpet

Exterior

General:
Road Service Area, Storage
Style:
Cabin, Chalet/A-Frame, Log
Parking:
None

Construction

Roofing:
Metal

Location

Road/Access:
Government, Maintained
Originating MLS:
Alaska Multiple Listing Service

Lot

Zoning:
UNZ - Not Zoned, Deep Creek Estates #3 L2-A & L2-B, 15943065 and 15943064
View:
Territorial

Financial

Source:
Alaska Multiple Listing Service

This listing courtesy of:
Story Real Estate

About Ninilchik, AK

Housing

Number of Units
443
Median Home Value
$226,332
Median Rent
$725

13.81% of housing units are renter occupied.

47.68% are vacant.

Commute

Car
65.65%
Public Transportation
0.76%
Walk to Work
7.63%
Work from Home
19.47%
Other
6.49%

The median travel time to work is 24 minutes.

People

Population
463
Median Age
48.70
Median Household Size
2.50

Education

High School
34.83%
Associate’s Degree
11.55%
Bachelor’s Degree
16.54%
Graduate Degree
5.99%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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