5320 W Parks Highway, Wasilla, 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# 26-1541
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
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