5320 W Parks Highway, Wasilla, AK 99623 (MLS# 26-1541)

5320 W Parks Highway, Wasilla, AK 99623

$850,000
Property Type: Commercial Sale Square Footage: 4,745 Lot Size (sq. ft.): 164,657 Status: Active
Current Price: $850,000 Last Modified: 3/19/2026

Overview

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 occupied

Supplements: 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 ...

Listing Details MLS# 26-1541

Contract Info

Price-List
850000
Date-Listing
2026-02-19
EM Minimum Deposit
10000
Foreclosure/Bank Own
No

Location Tax and Legal

Area
WA - Wasilla
Street #
5320
Directional
W
Street Name
Parks
Arterial
Highway
Closest USPS Town
Wasilla
State
AK
Zip Code
99623

Property Info

Type of Property
Mixed Use
Realtor.com Type
Commercial
Construction Status
Existing Structure
Building Status
Owner Occupied
Acres
3.78
SF-Lot
164656.8
Lot Area Source
Tax Authority
SF-Res
4745
Floors
2
Zoning
UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Year Built
1972

Directions and Remarks

Directions
Mile 47 Parks Hwy, near the corner of Museum Dr.

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

More Information

Listing Terms Financing

Cash
Yes
Conventional
Yes
Owner Finance
Yes
See Remarks
Yes

Primary Space

Land
Yes
Office
Yes
Office/Retail
Yes
Office/Warehouse
Yes
Retail
Yes

Secondary Space

Office/Retail
Yes
Office/Warehouse
Yes
Retail
Yes
Warehouse/Shop
Yes

Exterior Finish

Masonry
Yes
Metal
Yes

Heating

Floor Furnace
Yes
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
Vinyl
Yes

Walls

Block
Yes
Metal
Yes
Sheetrock
Yes

Access

Paved
Yes

Sewer

Septic Tank
Yes

Water Source

Well
Yes

Features-Commercial

Corner Lot
Yes
Fencing
Yes
Floor Drain(s)
Yes
HW Heater - Gas
Yes
Living Quarters
Yes
On-Site Parking
Yes
Overhead Door(s)
Yes
Restroom(s)-Private
Yes
Security System
Yes
Separate Meter-Elec
Yes

Documents

As-Built
Yes
Floor Plan
Yes
Property Disclosure
Yes
Soils Test
Yes
Other - See Remarks
Yes

Property Features

Primary Space: Land; Office; Office/Retail; Office/Warehouse; Retail Secondary Space: Office/Retail; Office/Warehouse; Retail; Warehouse/Shop Heating: Floor Furnace; Natural Gas; See Remarks Exterior Finish: Masonry; Metal Construction Type: Block; Metal Siding; Wood Frame Foundation: Slab Roof Type: Membrane; Metal; Shingle Flooring: Concrete; Vinyl Walls: Block; Metal; Sheetrock Sewer: Septic Tank Water Source: Well Features-Commercial: Corner Lot; Fencing; Floor Drain(s); HW Heater - Gas; Living Quarters; On-Site Parking; Overhead Door(s); Restroom(s)-Private; Security System; Separate Meter-Elec Access: Paved View Type: Mountains To Show: ShowingTime Listing Terms Financing: Cash; Conventional; Owner Finance; See Remarks Documents: As-Built; Floor Plan; Property Disclosure; Soils Test; Other - See Remarks
Listing Office: Keller Williams Realty Alaska Group of Wasilla
IDX
Last Updated: March - 19 - 2026
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 the site owner are marked with 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. Site contains live data.

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