195 E Pioneer Avenue

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.