475 E Pioneer Avenue

Description

This prime centrally located property offers a blank slate for your next venture. With a 1-bedroom apartment above and commercial space below, you can operate a storefront, office, or studio while enjoying rental income or live on site and grow your business from the ground up. Zoned for business and bursting with potential, this is the perfect place to plant roots in Homer's dynamic downtown. The Fireweed Gallery was meticulously planned, expertly constructed, built to last, and has been a Pioneer Ave mainstay since 2000. The main level is currently a beautiful art gallery, but that area can easily be divided into two spaces, each with separate entrances, for retail, office or cafe. And the upstairs apartment is another moneymaker making this a perfect investment opportunity! So many options...The Seller planned this space with a number of features, framing in a second front entrance (now a window) and a separate back door (now part of the monthly exhibit area). There is one ADA bathroom on the main level east side, and a break room with plumbing on the west side of the building. This could be a second restroom if the open area was subdivided. Electric and plumbing are easily accessed for any changes since all of the building infrastructure is in the crawlspace. Plus all of the Building plans are all available for review. The upstairs one bedroom apartment is surprisingly spacious with so much storage capacity. It is furnished, and it has a good view of Kachemak Bay. Currently the apartment is rented to the local hospital on a month to month basis, for transient professionals, but it could also be perfect for an owner occupant or a very productive seasonal rental. The art gallery is also available for purchase and can be negotiated separately, however it is not required to sell with the building. The Seller will need 90 days to vacate.