66445 Oil Well Rd Ninilchik, AK 99639
Estimated payment $3,071/month
About This Home
An incredible opportunity to transform ''Ninilchik Cabins and Cafe'' into your own Commercial Operation! 1,267 square foot Cafe PLUS 7 efficiency rental cabins and a laundry/storage build on 2 lots (1.94 acres)!! Currently, the cabins alone bring in a substantial NET profit as monthly rentals, while the cafe is ready to work for a baker, a chef's kitchen. Insurance replacement value $1,101,700.00 CREATE a dream 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 by adding RV hook ups, a drive through coffee cart and more! Utilize the commercial kitchen to its fullest potential, 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.... 7 Studio Cabins are each outfitted with a kitchen/kitchenettes, shower, bed, natural gas 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. This property is beaming with pride in ownership. Sellers have done so many updates with efficient water heaters, heating systems, and more! Current Leases All cabins are full through April utilities included. Cabin #1 $850.00 Cabin #2 $900.00
Cabin #3 $850.00 Cabin #4 $850.00
Cabin #5 $900.00 Cabin #6 $1,100.00 Cabin #7 $1,200.00 2022 Gross Income $51,992.00 ($4,332.66 a month) 2023 Gross Income $46,537.33 ($3,878.11 a month) 2024 Gross Income $52,246.55 ($4,353.88 a month) 2025 Gross Income $58,603.34 ($4,883.61 a month) Expenses Annual (1 Year/12 Months) $112.75 Square/Credit Card Processor $1,019.88 ACS Internet $158.90 Office Supplies $5,966.69 Enstar $3,990.01 HEA $3664.90 Property Tax $3,985.63 Property Insurance/Business Insurance $4,271.36 Maintenance $100.00 Business License Total $23,270.12 ($1939.18 a month) Plus Below 2 Items Below *Sales Tax Varies Depending On Rents (monthly vs nightly) *Seller hauls their own garbage
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,127
Year Built
- Built in 2010
Lot Details
- 1.94 Acre Lot
- Level Lot
Home Design
- 2,899 Sq Ft Home
- Wood Frame Construction
- Metal Roof
- Log Siding
Parking
- 30 Parking Spaces
- 30 Open Parking Spaces
Schools
- Btv-Undiscl By Ll Elementary And Middle School
- Btv-Undiscl By Ll High School
Additional Features
- Septic Tank
Community Details
- 9 Buildings
- 9 Units
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,965 | $249,200 | $23,100 | $226,100 |
| 2024 | $983 | $190,600 | $21,600 | $169,000 |
| 2023 | $2,135 | $198,200 | $18,100 | $180,100 |
| 2022 | $2,085 | $188,000 | $18,100 | $169,900 |
| 2021 | $573 | $174,000 | $17,500 | $156,500 |
| 2020 | $1,478 | $177,200 | $17,500 | $159,700 |
| 2019 | $1,506 | $179,300 | $14,800 | $164,500 |
| 2018 | $573 | $68,200 | $14,800 | $53,400 |
| 2017 | $551 | $67,200 | $14,800 | $52,400 |
| 2016 | $551 | $67,200 | $14,800 | $52,400 |
| 2015 | $189 | $66,900 | $14,800 | $52,100 |
| 2014 | $189 | $66,600 | $14,800 | $51,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2026 02/14/26 | For Sale | $530,000 | -- | $183 / Sq Ft |
Source: Alaska Multiple Listing Service
MLS Number: 26-1399
APN: 159-430-64
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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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