$2,195,000

195 E Pioneer Avenue, Homer AK, 99603

Price per sqft$535.89

Built in1976

Property size4,096 sqft

Property typeCommercial

Listed by Gina Pelaia with Berkshire Hathaway HomeServices Alaska Realty

Overview

Active

Listed Jul 31, 2026

Updated 4 weeks ago

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.

Additional information

MLS^® ID: 26-9603

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 1 Acre

Other Property Details

View: Yes

Listing Contact:

The IDX display contains information sourced from the Alaska Multiple Listing Service, Inc. (AK MLS) as of 8/23/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 8/23/2026 at 3:43 AM UTC