7570 E Palmer Wasilla HWY, Palmer, AK 99654
7570 E Palmer Wasilla HWY, Palmer, AK 99654
7570 E Palmer Wasilla HWY, Palmer, AK 99654
7570 E Palmer Wasilla HWY, Palmer, AK 99654
7570 E Palmer Wasilla HWY, Palmer, AK 99654
7570 E Palmer Wasilla HWY, Palmer, AK 99654
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Arika Bates

Arika Bates

+1(907) 885-5115
$ 1,628,500
Est. payment | /mo

10,080 SqFt

Save
$ 1,628,500
Est. payment | /mo
Save

10,080 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,080 sqft

Price per Sqft $161

MLS Listing ID 26-13600

Construction Status Existing Structure

Year Built 1984

Lot Size 1.080 Acres

Acres 1.0

Source Alaska Multiple Listing Service

Property Description

Two-building, 10,080 SF flex/shop investment on a fenced 1.08-acre lot with 153 ft of Palmer-Wasilla Hwy frontage and signalized access at N Wagon Rd. Building B (6,080 SF, six bays) is 100% leased to three local tenants. Building A (±4,000 SF) is vacant and ready for an owner-user or tenant. 5.2% in-place / 9.7% stabilized cap rate. New roofs 2023. Full Offering Memorandum available upon request Second entrance off E Buckboard Rd. Building B tenants: a veterinary clinic, a sewer & drain contractor, and a logistics/shop user. Building A is a former fitness center with restrooms, showers and an overhead door. An owner-user can occupy Building A and let Building B rents cover most of the mortgage; investors can re-lease Building A at its former rent to reach the stabilized cap rate. Major upgrades 2023-2026: new roofs on both buildings, siding, insulation, electrical, gutters, paved/striped parking and renovated units. Shop bays incl. 14 ft overhead door. Unzoned, private well and septic. Please do not disturb tenants.

Location

State AK

Area Pa - Palmer

Zoning UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston

Direction Palmer Wasilla Hwy to N Wagon Road. Turn South at the stop light. Access to Bldg A is on he left, access to Bldg B is off E Buckboard Circle. Maps works for this property.

Building

Lot Size Range 1.0

New Construction No

Construction Status Existing Structure

Others

Tax ID 2488B03L002

Alaska MLS
Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved
Listed by Jack White Commercial

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Arika Bates

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(907) 885-5115

glacierrealtyak@gmail.com

PO Box 112583, Anchorage, AK 99511, United States

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7570 E Palmer Wasilla HWY