5320 W Parks HWY Wasilla, AK 99623
4,745 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,745 sqft
Price per Sqft $179
MLS Listing ID 26-1541
Construction Status Existing Structure
Year Built 1972
Annual Tax Amount $3,236
Lot Size 3.780 Acres
Acres 3.0
Source Alaska Multiple Listing Service
Property Description
The site features established retail space currently occupied a lucrative, high-security storage facility offering fenced, covered, and fully enclosed options year-round. Among the property's amenities is a flexible two-bedroom upper-level unit suitable for residential use or a continued lease. Currently operating as a yoga studio, the unit provides an additional established income stream.
Owner improvements include a new roof for both buildings this spring and a secondary property entrance from Museum Drive, which has already been approved by the borough, providing improved access and long-term development flexibility. With its incredible street presence and steady traffic flow directly on the Parks Highway, the property is ideally suited for continued retail, service, or storage use, while also offering opportunities to introduce additional income streams, such as a drive-up coffee kiosk, food service, or expanded commercial operations.
This is a rare opportunity to secure prime highway frontage with existing cash flow and room to grow in one of the fastest-growing and most visible commercial corridors in Wasilla.
Location
State AK
Area Wa - Wasilla
Zoning UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Direction Mile 47 Parks Hwy, near the corner of Museum Dr.
Interior
Heating Floor Furnace, Natural Gas, See Remarks
Flooring Slab
Exterior
View Mountains
Roof Type Metal,Shingle,Membrane
Accessibility , Paved
Building
Foundation Slab
Lot Size Range 3.0
Sewer Septic Tank
New Construction No
Construction Status Existing Structure
Others
Tax ID 17N02W11A013
Acceptable Financing See Remarks, Cash, Conventional, Owner Finance
Listing Terms See Remarks, Cash, Conventional, Owner Finance
NEARBY SCHOOL & BUSINESS
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