$1,599,000
1649 W Parks Highway, & 1659 #A -B
Wasilla, AK 99654
MLS# 25-6481
28200 sqft


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Property Description
Prime Investment Opportunity - Dual Commercial Condo Units with High Traffic Exposure Unlock the potential of this exceptional Parks Highway frontage property, offering over 28,000 SQFT of versatile commercial space across two condo units. Unit A features approximately 12,200 SQFT plus a mezzanine, with multiple rentable spaces suitable for office, retail, and warehouse use.

Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 1599000
Date-Listing: 2025-05-30
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Unit #: #A -B
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: WA12
Legal: Mile 44 Parks Highway Condos #A - B
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 1.3
SF-Lot: 56628
Lot Area Source: Owner
Zoning: C - Commercial (re: Cities Wasilla/Houston)
Floors: 2
Type of Property: Mixed Use
SF-Res: 28200
Year Built: 1983
Directions and Remarks
Directions: Parks highway north to mile 44, building on your right across from Spenard Builders Supply.
Listing Terms Financing
Cash: 1
Conventional: 1
Primary Space
Condo: 1
Office: 1
Office/Retail: 1
Office/Warehouse: 1
Retail: 1
Warehouse/Shop: 1
Secondary Space
Condo: 1
Office: 1
Office/Retail: 1
Office/Warehouse: 1
Retail: 1
Warehouse/Shop: 1
Exterior Finish
Wood: 1
Heating
Natural Gas: 1
Roof Type
Metal: 1
Construction Type
Wood Frame: 1
Foundation
Poured Concrete: 1
Slab: 1
Walls
Sheetrock: 1
Access
Maintained: 1
Paved: 1
Sewer
Septic Tank: 1
Water Source
Private: 1
Well: 1
Location Tax and Legal
Area: WA - Wasilla
Street #: 1649
Directional: W
Street Name: Parks
Arterial: Highway
Street Addl Info: & 1659
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Property Features
Primary Space: Condo; Office; Office/Retail; Office/Warehouse; Retail; Warehouse/Shop
Secondary Space: Condo; Office; Office/Retail; Office/Warehouse; Retail; Warehouse/Shop
Heating: Natural Gas
Exterior Finish: Wood
Construction Type: Wood Frame
Foundation: Poured Concrete; Slab
Roof Type: Metal
Walls: Sheetrock
Sewer: Septic Tank
Water Source: Private; Well
Access: Maintained; Paved
Listing Terms Financing: Cash; Conventional
Supplements
Includes a fully fenced 0.25-acre fenced in paved yard. Unit B offers 16,000 SQFT, also designed with multiple rentable units and a 0.25-acre fenced in paved yard for added utility. With average daily traffic exceeding 26,000 vehicles, this property provides maximum visibility and accessibility. Ideal for an owner-user or as a high-yield investment. Whether you occupy a portion and lease the rest, or rent it out entirely, this property has the potential to be a cash cow! Per the seller, building has a certified Class A Well. DO NOT DISTURB TENANTS!!

IDX
Listing Office: The Kibe Lucas Team Keller Williams Realty Alaska Group

Last Updated: October - 28 - 2025

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.