$1,995,000
3253 W Coghlan Circle
Wasilla, AK 99654
MLS# 25-12172
6 beds  |  6 baths  |  13700 sqft


Aerial View, Access to Jacobsen Lake
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Aerial View, Access to Jacobsen Lake Front of Building 3253 W Coghlan (Aerial View) Shop Shop Shop Kitchen Kitchen Dining Area Living Room Butler's Pantry Butler's Pantry Bedroom Bedroom Full Bath & Laundry Full Bath & Laundry View from Unit B overlooking Lake Office - Conference Room Office Office Warehouse Warehouse Exterior Exterior & Parking Exterior Aerial View, Access to Jacobsen Lake Aerial View Aerial View, Adjacent to Parks Hwy Aerial View Aerial View Exterior & Parking Exterior - Shop side Sunset - Shop Side Apartments and Office Space Layouts Left and Right Elevation Front and Rear Elevation

Property Description
Step into opportunity with this impressive 2017 mixed-use property, a rare find that combines modern construction, flexible design, and multiple income streams under one roof. The main level showcases a spacious shop with oversized bay doors and an adjoining warehouse, perfect for light industrial, storage, or a thriving business hub.

Details
Maps
Documents
Contract Info
Price-List: 1995000
Date-Listing: 2025-09-19
Status: Active
Foreclosure/Bank Own: No
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 6
Bathrooms Half: 2
Bathrooms Full: 4
Bathrooms Total: 6
Bldgs-Ttl #: 1
Year Built: 2017
SF-Res: 13700
Number of Units: 2
SF-Lot: 40075.2
Acres: 0.92
Garage Spaces: 6
Prkg Spcs: 20
Lot Area Source: Tax Authority
Zoning: UNK - Unknown (re: all MSB)
Directions and Remarks
Directions: Parks Highway North toward Big lake, left on Stanley, Left on Coghlan Circle, Lot at the end of the Circle to the left.
Building Info
Units-# of 3 BR: 2
Unit #1
Bath - Full: 2
Bedroom: 3
Primary Bedroom: 1
Parking Spaces: 3
Unit #2
Bath - Full: 2
Bedroom: 3
Primary Bedroom: 1
Parking Spaces: 3
Location Tax and Legal
Area: WA - Wasilla
Street #: 3253
Directional: W
Street Name: Coghlan
Arterial: Circle
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Property Features
Multi-Family Type: Other - See Remarks
Exterior Finish: Wood
Roof Type: Asphalt
Foundation Type: Poured Concrete
Construction Type: Wood Frame
Garage Type: Heated; Tuck Under
Carport Type: None
Heating: Forced Air
Sewer-Type: Septic Tank
Water Source: Well
Access Type: Paved
View Type: Lake; Mountains
Topography: Level
Wtrfrnt-Frontage: Lakefront
Wtrfrnt-Access Near: Lake
Features-MultiFamily: CO Detector(s); Owner Occupied; Smoke Detector(s); Tenant Storage; Washer/Dryer; Washer/Dryer HkUp; Paved Driveway; RV Parking
Flooring: Luxury Vinyl
Docs Avl for Review: Docs Posted on MLS
Listing Terms Financing: Cash; Conventional; FHA; VA Loan
Supplements
Step into opportunity with this impressive 2017 mixed-use property, a rare find that combines modern construction, flexible design, and multiple income streams under one roof. The main level showcases a spacious shop with oversized bay doors and an adjoining warehouse, perfect for light industrial, storage, or a thriving business hub. Upstairs, you'll discover two oversized apartments each with 3 bedrooms and 2 full baths that feel like private homes, plus additional office space, giving you both residential income and professional work areas in one well-planned building. Enjoy sweeping views of the mountains and access to nearby Jacobsen Lake, creating an attractive setting for tenants and businesses alike. Current/projected rental breakdown: - $2,500 per unit (x2) upstairs residential units - $5,000 for large shop - $6,000 for warehouse space - $1,600 for 4 office and conference room This property delivers both stability and upside. Imagine the possibilities; owner-occupy and offset your costs, expand your investment portfolio, or reposition the building to maximize returns. Clean, versatile, income-producing, and scenic this is the type of property investors wait for. Reach out for full lease history and financial details.

IDX
Listing Office: RMG Real Estate

Last Updated: September - 30 - 2026

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.