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$1,628,500

For Sale

7 hours ago

7570 E Palmer Wasilla Hwy, Palmer, AK

House

MLS® 26-13600

0 Bed

0 Bath

10080 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 10080 sqft
Garage 
Taxes 
Days Active 0
Lot Size 1.08 Acres
Approx. Age 1984
Avg. Price Per Sqft $161
MLS® Number 26-13600

Property Address: 7570 E Palmer Wasilla Hwy, Palmer, AK, 99645-7771

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26-13600
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1984
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 29, 2026List Date
$1,628,500List Price
  • Commute

Commute

Starting Address
Destination Address
7570 E Palmer Wasilla Hwy, Palmer, AK

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