5320 W Parks Highway, Wasilla, Alaska 99623

$799,000

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List Price
$799,000
Price Change
▼ $51,000 1778198935
MLS#
26-2715
Status
ACTIVE
Lot Size
164,656
Acres
3.78
Year Built
1972

Property Description

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.

Additional Information

Taxes
$3,236
Zoning
UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
View
Mountain(s)
Roof
Membrane, Metal, Shingle
Floor
Concrete, Laminate
Construction Status
Existing Structure
Heating
Natural Gas, See Remarks
Water
Well
Sewer
Septic Tank

Listing Office Keller Williams Realty Alaska Group of Wasilla

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Real Estate Company are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing last updated: