5320 W Parks Highway,Wasilla, AK 99623
Wasilla, AK 99623
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.
Details
| MLS # | 26-2715 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 157 |
| Listing Provided By | Keller Williams Realty Alaska Group of Wasilla | Jaclyn Hernandez |
Features
| SQ Feet | 4,745 |
|---|---|
| Story(s) | 2 |
| Zoning | UNZ - Not Zoned-all MSB but Palm |
| Acreage | 3.78 |
| Property View | Mountain(s) |
Interior
| Heating | Natural Gas, See Remarks |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Membrane, Metal, Shingle |
|---|---|
| Construction Materials | Block, Wood Frame, Metal Siding |
| Foundation Details | Slab |
| Exterior Sp Finish Co Exterior Sp Finish | Masonry, Metal |
Utilities
| Sewer | Septic Tank |
|---|
Location
| Access Co Access | Gravel, Maintained, Paved |
|---|
Taxes
| Tax Annual Amount | 3236.66 |
|---|---|
| Tax Year | 2024 |
| Tax Map Number | HO09 |
| Tax Legal Description | T17NR02WS11 A013 |
Area Information
| State | AK |
|---|---|
| City | Wasilla |
| Zip Code | 99623 |
| Area | 1D Matanuska Susitna Borough |
| Subarea | WA Wasilla |
| Listing VS Median (in 99623) | |
Price: $799,000 low | high Med: $465,000 sqft: 4,745 low | high Med: 1,572 $ / sqft: $168 low | high Med: $296 On site: 157 low | high Med: 4 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Wasilla |
| Zip Code | 99623 |
| Area | 1D Matanuska Susitna Borough |
| Subarea | WA Wasilla |
| Listing VS Median (in 99623) | |
Price: $799,000 low | high Med: $465,000 sqft: 4,745 low | high Med: 1,572 $ / sqft: $168 low | high Med: $296 On site: 157 low | high Med: 4 | |