8380 N Palmer-fishhook Road,Wasilla, AK 99654
Wasilla, AK 99654
Description
Positioned along N Palmer Fishhook Rd, this 1.48-acre commercial investment opportunity offers immediate income with long-term upside in one of the Mat-Su Valley's emerging growth corridors. The property features five fully leased commercial units, including a well-constructed retail building completed in 2022, designed as the centerpiece with capacity in both the lot and septic system for an additional building of similar size. Two additional income-producing structures--a coffee hut and a standalone office with an established shed sales lot--add diversity to the revenue stream. Tenants pay their own utilities, and the property is supported by a 15-camera remote CCTV system, outdoor power access for seasonal décor at each unit, and a heated sidewalk enhancing year-round accessibility. The grounds are thoughtfully maintained with a fenced grassy picnic area, complete with tables and umbrellas stored in a 20' Connex included in the sale, creating a welcoming environment for tenants and customers alike. This is a turnkey asset with expansion potential, built with care and positioned for future growth as the surrounding area continues to develop. Sellers are retiring, presenting a rare opportunity to step into a stabilized investment with room to scale. Optional purchase of the final cabin on the sales lot is available for $25,000. Priced at $900,000, this is an ideal acquisition for a forward-thinking investor ready to capitalize on both current cash flow and future development. Seller is open to owner financing options. Opportunities like this are limited--schedule your showing and secure your position in this growing market today.
Details
| MLS # | 26-4739 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 2022 |
| Days On Site | 109 |
| Listing Provided By | My Favorite Realty LLC | Scott Blair |
Features
| SQ Feet | 2,780 |
|---|---|
| Zoning | UNZ - Not Zoned-all MSB but Palm |
| Acreage | 1.48 |
Utilities
| Sewer | Septic Tank |
|---|
Taxes
| Tax Map Number | WA01 |
|---|---|
| Tax Legal Description | Fishhook Junction L11 |
Area Information
| State | AK |
|---|---|
| City | Wasilla |
| Zip Code | 99654 |
| Area | 1D Matanuska Susitna Borough |
| Subarea | WA Wasilla |
| Listing VS Median (in 99654) | |
Price: $875,000 low | high Med: $470,000 sqft: 2,780 low | high Med: 1,900 $ / sqft: $315 low | high Med: $247 On site: 109 low | high Med: 37 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Wasilla |
| Zip Code | 99654 |
| Area | 1D Matanuska Susitna Borough |
| Subarea | WA Wasilla |
| Listing VS Median (in 99654) | |
Price: $875,000 low | high Med: $470,000 sqft: 2,780 low | high Med: 1,900 $ / sqft: $315 low | high Med: $247 On site: 109 low | high Med: 37 | |