$650,000
Palmer, AK 99645
MLS# 25-13623
2993 sqft
1 / 49
Property Description
TURNKEY RESTAURANT IN DOWNTOWN PALMER! This property comes with all the equipment necessary to operate a restaurant and is ready for the next entrepreneur to bring their dream to life! The building owner has historically brought great revenue with immaculate location&curb appeal. Building underwent renovations in 2024, including a new roof, electrical AND parking lot!
Details
Maps
Documents
Contract Info
EM Minimum Deposit: 6500
Foreclosure/Bank Own: No
Price-List: 650000
Date-Listing: 2025-10-30
Status: Active
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: PA05
Legal: Snodgrass Rolan L10 B1
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 0.21
SF-Lot: 9147.6
Lot Area Source: Tax Authority
Zoning: CG - General Commercial (re: City Palmer)
Type of Property: Single Use
SF-Res: 2993
Directions and Remarks
Directions: Glenn Hwy to Arctic, Right turn on Arctic, Right on Valley way and left on Blueberry Ave.
Listing Terms Financing
1031 Exchange: 1
Cash: 1
Conventional: 1
Lease Option: 1
Owner Finance: 1
Primary Space
Hospitality: 1
Exterior Finish
Masonry: 1
Heating
Natural Gas: 1
Construction Type
Block: 1
Concrete: 1
View Type
Mountains: 1
Partial: 1
Foundation
Poured Concrete: 1
Flooring
Tile: 1
Luxury Vinyl: 1
Walls
Sheetrock: 1
Access
Government: 1
Maintained: 1
Paved: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Features-Commercial
Automotive Allowed: 1
Corner Lot: 1
Fire Sprinkler System: 1
HW Heater - Gas: 1
In City Limits: 1
Master Meter - Elec: 1
Master Meter - Gas: 1
On-Site Parking: 1
Documents
Docs Posted on MLS: 1
Property Disclosure: 1
Location Tax and Legal
Area: PA - Palmer
Street #: 173
Directional: S
Street Name: Valley
Arterial: Way
Closest USPS Town: Palmer
State: AK
Zip Code: 99645
Property Features
Primary Space: Hospitality
Heating: Natural Gas
Exterior Finish: Masonry
Construction Type: Block; Concrete
Foundation: Poured Concrete
Flooring: Tile; Luxury Vinyl
Walls: Sheetrock
Sewer: Public Sewer
Water Source: Public
Features-Commercial: Automotive Allowed; Corner Lot; Fire Sprinkler System; HW Heater - Gas; In City Limits; Master Meter - Elec; Master Meter - Gas; On-Site Parking
Access: Government; Maintained; Paved
View Type: Mountains; Partial
Listing Terms Financing: 1031 Exchange; Cash; Conventional; Lease Option; Owner Finance
Documents: Docs Posted on MLS; Property Disclosure
Supplements
Building has been operated as a restaurant for the past few years but is zoned CG-Commercial General so the possibilities are vast! Don't miss out on this opportunity of a lifetime! Owner finance options available!
Property Disclosure 
IDX
Listing Office: Solstice Realty
Last Updated: November - 10 - 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.