$1,550,000
Palmer, AK 99645
MLS# 26-10697
3520 sqft
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Property Description
Own a remarkable piece of Palmer history with the Hyland Hotel, a truly one-of-a-kind property located in the heart of downtown Palmer. As Palmer's oldest hotel and a property listed on the National Register of Historic Places, the Hyland Hotel offers a rare opportunity to own a landmark woven into the story of the community.
Details
Maps
Contract Info
Price-List: 1550000
Date-Listing: 2026-08-20
Status: Active
EM Minimum Deposit: 15500
Foreclosure/Bank Own: No
Property Info
Type of Property: Single Use
Building Type: Class B
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 0.25
SF-Lot: 10890
Lot Area Source: Tax Authority
SF-Res: 3520
Floors: 3
Zoning: CG - General Commercial (re: City Palmer)
Year Built: 1936
Location Tax and Legal
Area: PA - Palmer
Street #: 333
Directional: W
Street Name: Evergreen
Arterial: Avenue
Closest USPS Town: Palmer
State: AK
Zip Code: 99645
Property Features
Primary Space: Hospitality
Heating: Natural Gas; Radiant; Radiant Floor
Exterior Finish: Vinyl
Construction Type: Wood Frame
Foundation: Poured Concrete; Slab
Roof Type: Asphalt
Flooring: Vinyl
Walls: Sheetrock
Sewer: Public Sewer
Water Source: Public
Features-Commercial: HW Heater - Gas; In City Limits; Living Quarters; On-Site Parking
Access: Maintained; Paved
View Type: Mountains
Documents: As-Built; Floor Plan; Package Available
Supplements
Eight beautifully appointed rooms and suites, each named for a Palmer colonist or early Alaskan settler, all with private baths. Floor plan is available with a breakdown of each suite layout. Located directly on W. Evergreen Avenue with prime visibility and walkability to downtown shops, restaurants, and City Hall.
This is a genuinely turnkey operation: the renovation is complete, the brand is established, guest reviews are excellent, and revenue has grown steadily since reopening. Building offers approx. 3,520 sq. ft. across three levels plus a 240 sq. ft. detached garage, on a 0.25 acre downtown lot.
A rare chance to own a piece of Matanuska Colony history with the hard work already done.
IDX
Listing Office: Signature Real Estate Alaska
Last Updated: October - 17 - 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.