20908 Bill Stephens Drive, Chugiak, AK 99567 (MLS# 26-8726)

20908 Bill Stephens Drive, Chugiak, AK 99567

$400,000

Property Type: Business Opportunity Square Footage: 7,674 Status: Active

Current Price: $400,000 Last Modified: 7/15/2026

Overview

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. 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

Supplements: 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, approxim ... (Read more)

Listing Details MLS# 26-8726

Contract Info

Price-List: 400000
Date-Listing: 2026-07-14
Minimum EM Deposit $: 4000

Location Tax and Legal

Area: 100 - Chugiak/Peters Crk
Street #: 20908
Street Name: Bill Stephens
Arterial: Drive
Closest USPS Town: Chugiak
State: AK
Zip Code: 99567

Property Info

Realtor.com Type: Commercial
Construction Status: Existing Structure
Business Name: Bella Vista Pizzaria
Type of Property: No Real Property
SF-Res: 7674
Floors - # of: 2
Zoning: CE-B-3 General Busines
Year Built: 1977
Prkg Spcs: 50
Building Name: Bella Vista

Directions and Remarks

Directions: Glenn Hwy to South Peters Creek Exit, Left under the Glenn Hwy., Left again on Bill Stephen's Drive property is on the right.

Building Info

Building Status: Owner

More Information

Property Features

Business Type: Bar/Tavern/Lounge; Food Services; Restaurant Heating: Baseboard; Natural Gas; Radiant Construction Type: Block; Concrete Exterior Finish: Stucco Roof Type: Bitumen/Torch Down Flooring: Carpet; Concrete; Tile; Linoleum; Luxury Vinyl Walls: Plaster; Sheetrock; Wood Foundation: Poured Concrete Features-Commercial: 3 Phase Electric; HW Heater - Gas; Living Quarters; Master Meter - Elec; On-Site Parking; Restroom(s)-Private; Separate Meter-Gas Listing Terms Financing: Cash; Owner Finance; See Remarks Access: Dedicated Road; Maintained; Paved View Type: Mountains; Unobstructed Sewer: Septic Tank Water Source: Public Docs Avl for Review: Fixt/Furn Lists; Inventory List; P & L

IDX

Listing Office: RE/MAX Dynamic Properties - Eagle River Branch

Last Updated: July - 15 - 2026

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 the site owner are marked with 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. Site contains live data.