This study aimed to investigate the feasibility of using geopolymer paste (GP) as an adhesive agent for (i) anchoring steel bars in concrete substrates, (ii) repairing concrete, and (iii) repairing limestone and granite masonry blocks commonly found in historic buildings. In this investigation, seven cement-free GP mixes were developed with different combinations of binder materials (slag, silica fume, and metakaolin). The mechanical properties, adhesive performance, and production cost of the developed GP mixes were compared to those of a commercially epoxy adhesive mortar (EAM). The results obtained from this study indicated that the use of GPs enhanced the bonding between steel bars and concrete substrates, achieving bonding strengths that were 19.7% to 49.2% higher than those of control specimens with steel bars directly installed during casting. In concrete repairs, the GPs were able to restore about 60.6% to 87.9% of the original capacity of the control beams. Furthermore, GPs exhibited a promising performance in repairing limestone and granite masonry blocks, highlighting their potential suitability for masonry structures. The best adhesive performance was observed when a ternary binder material system consisting of 70% slag, 20% metakaolin and 10% silica fume was used. This combination, compared to the investigated EAM, showed comparable adhesive properties at a significantly low cost, indicating the viability of GPs as a cost-effective, eco-friendly adhesive agent.