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$850,000
Est. payment /mo
1,332 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,332 sqft
Price per Sqft $638
MLS Listing ID 25-5325
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 1950
Lot Size 6,098 Sqft
Acres 0.14
Property Description
A rare opportunity to own a fully renovated, code-compliant restaurant property in historic
downtown Palmer. Located at 927 S Cobb Street, this pre-statehood cottage has been
thoughtfully upgraded in 2022 with new flooring, heating, plumbing, electrical, and ADA
accessibility, while preserving its original character. The property includes a fully equipped Alaska DEC-approved commercial kitchen, daylight basement bakery, espresso bar, and two dining rooms with seating for up to 35 guests. Large east-facing windows offer stunning views of Matanuska Peak and the Chugach Range. Situated on a high-visibility lot with lush green space and mature birch trees, the site is within walking distance of Palmer's downtown attractions and seasonal events. The sale includes all furnishings, kitchen equipment, and POS hardware, with a rare Restaurant/Eating Place Beer & Wine License available for transfer upon negotiation. Zoned Commercial General with dedicated parking, this property is ready for immediate occupancy and business launch.
The property is a narrow lot approximately 50' wide - stretching between Cobb St. and a service alley with a multi-family home to the north and a non-operational commercial property to the south. The site is visible from S Colony Way and Evergreen Ave - two major roads in Palmer. The property has plenty of garden/green space, including two very old and stately birch trees that make the property stand out against the surrounding businesses.
927 S Cobb St sits just southwest of Palmer's downtown and is walking distance to Palmer's Friday Fling, the new Poppy Lane location, the Colony Way bars, and the Matanuska Farmer's Market. This is a great spot to capture the tourist traffic during Colony Days, Colony Christmas, and the Alaska State Fair. The restaurant's east-facing dining room boasts three huge windows with views of Matanuska Peak and the Chugach Range, often illuminated by the setting sun. Palmer & South Cobb Street offer a neighborhood atmosphere just a short drive from Wasilla, Eagle River, and Anchorage.
Please review additional details under documents!
downtown Palmer. Located at 927 S Cobb Street, this pre-statehood cottage has been
thoughtfully upgraded in 2022 with new flooring, heating, plumbing, electrical, and ADA
accessibility, while preserving its original character. The property includes a fully equipped Alaska DEC-approved commercial kitchen, daylight basement bakery, espresso bar, and two dining rooms with seating for up to 35 guests. Large east-facing windows offer stunning views of Matanuska Peak and the Chugach Range. Situated on a high-visibility lot with lush green space and mature birch trees, the site is within walking distance of Palmer's downtown attractions and seasonal events. The sale includes all furnishings, kitchen equipment, and POS hardware, with a rare Restaurant/Eating Place Beer & Wine License available for transfer upon negotiation. Zoned Commercial General with dedicated parking, this property is ready for immediate occupancy and business launch.
The property is a narrow lot approximately 50' wide - stretching between Cobb St. and a service alley with a multi-family home to the north and a non-operational commercial property to the south. The site is visible from S Colony Way and Evergreen Ave - two major roads in Palmer. The property has plenty of garden/green space, including two very old and stately birch trees that make the property stand out against the surrounding businesses.
927 S Cobb St sits just southwest of Palmer's downtown and is walking distance to Palmer's Friday Fling, the new Poppy Lane location, the Colony Way bars, and the Matanuska Farmer's Market. This is a great spot to capture the tourist traffic during Colony Days, Colony Christmas, and the Alaska State Fair. The restaurant's east-facing dining room boasts three huge windows with views of Matanuska Peak and the Chugach Range, often illuminated by the setting sun. Palmer & South Cobb Street offer a neighborhood atmosphere just a short drive from Wasilla, Eagle River, and Anchorage.
Please review additional details under documents!
Location
State AK
Area Pa - Palmer
Zoning CG - General Commercial (re: City Palmer)
Direction From Glenn Hwy to right on Evergreen, right on Cobb, property will be on the left.
Building
Lot Size Range 0.14
New Construction No
Construction Status Existing Structure
Others
Tax ID 5023B03L010
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Aurora Courtney
Associate Broker | License ID: 100653, 500072
Associate Broker License ID: 100653, 500072
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