Commercial · Single Use · For Sale
7570 E Palmer Wasilla Highway
Palmer, AK 99654 · Mat-Su
$1,628,500
| Price | $1,628,500 |
|---|---|
| Building SF | 10,080 SF |
| Lot Size | 1.08 acres (47,045 SF) |
| Zoning | UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston |
| Year Built | 1984 |
| APN | 2488B03L002 |
| MLS # | 26-13600 |
Overview
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
7570 E Palmer Wasilla Highway, Palmer, AK 99654
Andrew Ingram Commercial Real Estate | Jack White Commercial
Last updated October 29, 2026
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