USAAKChugiak20908 Bill Stephens Dr
Listing image | Image 1

20908 Bill Stephens Dr, Chugiak, AK

House

For Sale

Listed price in listed location currency (USD).
$1,600,000

000

MLS® 26-8013

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $18,815
Days Active 18
Lot Size 1.64 Acres
Approx. Age 1977
MLS® Number 26-8013

Property Address: 20908 Bill Stephens Dr, Chugiak, AK, 99567-5676

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to own a well-established, highly successful turnkey restaurant celebrating its 50th anniversary this year. The owner is ready to retire, offering a unique chance to acquire the business, commercial property, and residence all in one exceptional package. Bella Vista Pizzeria & Restaurante has long been a Chugiak favorite, known for its authentic Italian and Mediterranean cuisine served in a warm, inviting atmosphere. The 7, 674 SF restaurant features seating for 115 on the main level with a cozy gas fireplace, plus two upstairs banquet rooms accommodating approximately 80 and 70 guests--ideal for private events and large gatherings. The property includes a beer and wine license, fully equipped commercial kitchen, fire suppression system, brand-new roof, new make-up air unit, approximately 10-year-old double boiler, office, mechanical room, storage areas, separate employee restroom, four public restrooms, and professionally cleaned carpeting. The Ecolab dishwasher is leased at $120/month. Also included is a 3, 145 SF chalet-style residence featuring a vaulted great room with a wood-burning fireplace, four bedrooms, and three bathrooms. Enjoy a spacious wraparound deck and a lower-level mother-in-law apartment complete with a full kitchen, private laundry, separate entrance, and current rental income potential. Situated on an expansive 71, 250 SF lot, with the majority of the property paved for ample parking, this offering combines an established business, commercial real estate, and residential living in one unique investment opportunity. Seller may consider owner financing for qualified buyers. ***Business available separately for $400, 000. Seller will consider a leaseback of the restaurant space and grant the Buyer a first right of refusal to purchase the restaurant, residence, and real property.***
MLS® Number26-8013
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1977
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 1, 2026List Date
$1,600,000List Price
  • Commute

Commute

Starting Address
Destination Address
20908 Bill Stephens Dr, Chugiak, AK

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