Andrew Ingram Commercial Real Estate
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Commercial · No Real Property · For Sale

20908 Bill Stephens Drive

Chugiak, AK 99567 · Anchorage

$400,000

Key facts for this property
Price$400,000
Building SF7,674 SF
ZoningCE-B-3 General Busines
Year Built1977
MLS #26-8726

Overview

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 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. ***Package available to include both residence and commercial building also for sale see MLS #26-8013.***

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

AK MLS

Last updated July 15, 2026

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