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$1,800,000
Est. payment /mo
5,152 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,152 sqft
Price per Sqft $349
MLS Listing ID 25-14306
Construction Status Existing Structure
Year Built 1967
Lot Size 0.830 Acres
Acres 0.83
Source Alaska Multiple Listing Service
Property Description
The Linwood is a long-established multi-revenue-stream bar, restaurant, and liquor store located in the center of downtown Seldovia. Positioned on two prime city lots overlooking the harbor, ocean, and mountains, this turnkey operation is the only business in town open 365 days a year, making it a cornerstone of both the local community and the summer tourism market. Originally rebuilt in 1966 and continually improved, the facility includes a full commercial kitchen, updated storage areas, and multiple income-producing residential units: a one-bed/one-bath apartment, a two-bed/one-bath apartment, and two private living quarters. These provide flexibility for owner-occupancy, staff housing, or potential short-term rentals. The business has demonstrated consistent growth outside of the COVID period, driven by strong summer visitor traffic and a loyal year-round local customer base. Regular live music events, steady winter contractor patronage, and a well-regarded dining and beverage program contribute to dependable revenue. Expansion opportunities include catering services, developing a gift shop or retail area, extending the liquor license for outdoor service, adding covered event space, and converting portions of the upstairs into nightly rentals. Music and event programming could also be scaled into ticketed offerings. With its unmatched location, historic reputation, and multiple avenues for continued growth, The Linwood offers buyers a rare opportunity to acquire one of Seldovia's most iconic and profitable hospitality assets.
Location
State AK
Area 496 - Seldovia
Zoning CB - Commercial Business
Direction Seldovia, Main Street/Waterfront
Interior
Flooring Unknown - BTV
Exterior
View Bay, Mountains
Roof Type Metal
Accessibility , Paved, Maintained
Building
Foundation Block
Lot Size Range 0.83
Sewer Public Sewer
New Construction No
Construction Status Existing Structure
Others
Tax ID 19203064
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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