5320 W Parks Highway, Big Lake, AK 99623
Overview
Description
Supplements: ... (Read more) A 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.
Listing Details MLS# 26-2715
Contract Info
- Price-List
- 850000
- Date-Listing
- 2026-03-20
- Minimum EM Deposit $
- 8500
Location Tax and Legal
- Area
- WA - Wasilla
- Street #
- 5320
- Directional
- W
- Street Name
- Parks
- Arterial
- Highway
- Closest USPS Town
- Big Lake
- State
- AK
- Zip Code
- 99623
Property Info
- Realtor.com Type
- Commercial
- Construction Status
- Existing Structure
- Type of Property
- Land & Building
- SF-Res
- 4745
- Floors - # of
- 2
- SF-Lot
- 164656.8
- Lot Area Source
- Owner
- Acres
- 3.78
- Zoning
- UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
- Year Built
- 1972
- Prkg Spcs
- 20
Directions and Remarks
- Directions
- Mile 47 Parks Hwy, near the corner of Museum Dr.
Building Info
- Building Status
- Owner
Retail
- SF-Retail Apx
- 312
- SF-Retail Office
- 1478
- SF-Retail Warehouse
- 2100
More Information
Location, Tax and Legal
- Region
- 1 - Southcentral Alaska Region
- Borough/Census Area
- 1D - Matanuska Susitna Borough
- Grid # (Muni Anch)
- N/A
- Tax Map #-Mat-Su
- HO09
- Legal
- T17NR02WS11 A013
- Taxes (Estimated)
- 3236.66
- Tax Year
- 2024
To Show
- ShowingTime
- Yes
Business Type
- Retail
- Yes
- Storage
- Yes
- Warehouse
- Yes
- Wholesale
- Yes
- Other
- Yes
Listing Terms Financing
- Cash
- Yes
- Conventional
- Yes
- Owner Finance
- Yes
Exterior Finish
- Masonry
- Yes
- Metal
- Yes
Heating
- Natural Gas
- Yes
- See Remarks
- Yes
Roof Type
- Membrane
- Yes
- Metal
- Yes
- Shingle
- Yes
Construction Type
- Block
- Yes
- Metal Siding
- Yes
- Wood Frame
- Yes
View Type
- Mountains
- Yes
Foundation
- Slab
- Yes
Flooring
- Concrete
- Yes
- Laminate
- Yes
Walls
- Block
- Yes
- Metal
- Yes
- Sheetrock
- Yes
Access
- Gravel
- Yes
- Maintained
- Yes
- Paved
- Yes
Sewer
- Septic Tank
- Yes
Water Source
- Well
- Yes
Features-Commercial
- Fencing
- Yes
- HW Heater - Gas
- Yes
- Living Quarters
- Yes
- On-Site Parking
- Yes
- Overhead Door(s)
- Yes
- Restroom(s)-Handicap
- Yes
- Restroom(s)-Private
- Yes
- Separate Meter-Elec
- Yes
Docs Avl for Review
- As-Built
- Yes
- Floor Plan
- Yes
- Property Disclosure
- Yes
- Soils Test
- Yes
- Other - See Remarks
- Yes
Property Disclosure ›