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253 Main St - Linwood Bar 5,152 SF Specialty Building Offered at $2,463,822 CAD at a 8% Cap Rate in Seldovia, AK 99663

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Investment Highlights

  • Waterfront Location
  • Multiple Revene Sources
  • Beverage and Package Liquor License

Executive Summary

Linwood Bar & Grill/Turnkey Waterfront Bar, Restaurant & Liquor Store with Residential Units
Multiple revenue streams: full-service bar, established restaurant, package liquor store, and on-site residential units
Year-round operation supported by strong local patronage and peak summer tourism
Well-maintained building with an expanded commercial kitchen and efficient back-of-house layout designed for high-volume seasonal demand
Residential income & flexibility: owner occupancy, staff housing, or short-term rental upside
Prime waterfront proximity near Seldovia Harbor with excellent visibility and walk-in traffic
Two city lots with parking and commercial frontage
Property & Facilities:
The second floor includes four separate residential living spaces:
One-bedroom / one-bath apartment with full kitchen
Two-bedroom / one-bath apartment
Two private living quarters, each with its own bathroom
Historically used for owner and staff housing, these units offer additional income potential through short-term rentals during peak seasons.
Business Overview: The Linwood is a long-standing community hub combining a full bar, a proven food program, and package liquor sales. Interior improvements include conversion of former smoking areas into modern storage and pantry space, supporting operational efficiency and scalability.

Property Facts

Price $2,463,822 CAD
Price Per SF $478.23 CAD
Sale Type Investment
Cap Rate 8%
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Specialty
Property Subtype Residential Income
Lot Size 0.83 AC
Building Size 5,152 SF
No. Stories 2
Year Built/Renovated 1967/2025
Cross Streets Seldovia
Zoning Commercial - Commercial Waterfront

About 253 MAIN ST , SELDOVIA, AK 99663

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, 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.

  • Listing ID: 39377290

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 253 Main St, Seldovia, AK 99663

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