Map
Listed price in listed location currency (USD).
$1,000,000

000

MLS® 26-1541

Overview

Key Facts

Type Other
Levels Commercial Sale
Size 4745 sqft
Garage No
Maintenance Fees 
Taxes $3,237
Days Active 0
Approx. Age 1972
Avg. Price Per Sqft $210
MLS® Number 26-1541

Property Address: 5320 W Parks Highway, Wasilla, AK, 99623

Average square foot calculated using Size range provided by listing agent.

Description

Positioned on 3.78 acres along one of the busiest stretches of the Parks Highway, this property offers exceptional visibility, multiple existing income streams, and significant upside potential. This high-exposure commercial property is already income-producing while leaving room for expansion and future development.The site features established retail space currently occupieda 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.
MLS® Number26-1541
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1972
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 19, 2026List Date
$1,000,000List Price

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties