5320 W Parks Hwy - Retail FOR SALE


Wasilla, AK 99623- Matanuska Valley
$799,000 USD
907-274-5926
5320 W Parks Hwy, Wasilla, AK for Sale
$799,000 USD
Retail - FOR SALE
1/55
null | Request Cap Rate

NEW


5320 W Parks Hwy
Wasilla, AK 99623
Matanuska Valley


HIGHLIGHTS

  • 3.78 Acres of mixed use retail, warehouse & storage facility with covered, enclosed, and fenced storage.
  • Two seperate property access points, main highway exposure, and side road access on museum drive.
  • Move in ready with brand new roofs and a new septic. 2
  • Bedroom apartment above retail space.
  • Property is unzoned and can be whatever you want it to be. Comes with active security system and upgraded gate access.

OVERVIEW

Positioned on 3.78 acres along one of the busiest stretches of the Parks Highway, this high-visibility commercial property combines established income with exceptional flexibility and room for growth. The property features a cleared, move-in-ready retail space with an adjoining warehouse, ideal for retail, service, distribution, or mixed commercial operations. The freshly painted upper-level unit offers two bedrooms, one full bathroom, and washer-and-dryer hookups ready for an owner, employee housing, or additional rental income. Included with the building and land is Max Rentals, an established, currently operating storage business offering secure, gated storage; covered storage with electrical access; and fully enclosed storage. Max Rentals has built a flourishing, loyal clientele, with many customers maintaining their spaces year-round, even when removing recreational vehicles and equipment for summer use, to ensure they retain a spot at this secure, customer-focused facility. The security gate was recently upgraded, further enhancing access and protection for customers and their property. Additional improvements include a new septic system, new roofs on both buildings (in progress), and an approved secondary entrance from Museum Drive, enhancing accessibility and future development potential. With prominent highway frontage, steady traffic exposure, existing cash flow, and versatile spaces ready for immediate use, the property offers numerous possibilities, including expanded storage, retail, service-based businesses, a drive-up coffee/mix-use kiosk, food service, or additional commercial development. This is a rare opportunity to acquire the real estate and an established income-producing business with multiple revenue streams and substantial upside in one of Wasilla's most visible and rapidly growing commercial corridors.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

NZ - Not Zoned-all MSB bu

APN/PARCEL ID

17N02W11A013

ASK ABOUT THIS PROPERTY

Jaclyn HernandezAnita Raubeson Group - Keller Williams RealtyMore Info
907-274-5926

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Jaclyn HernandezAnita Raubeson Group - Keller Williams RealtyMore Info
907-274-5926

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.