$799,000
5320 W Parks Highway
Wasilla, AK 99623
MLS# 26-2715
4745 sqft


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Property Description
Positioned on 3.78 acres along one of the busiest stretches of the Parks Highway, this high-visibility commercial property combines established income with exceptional flexibility and room for growth. The property features a cleared, move-in-ready retail space with an adjoining warehouse, ideal for retail, service, distribution, or mixed commercial operations.

Details
Maps
Documents
Contract Info
Minimum EM Deposit $: 8000
Price-List: 799000
Date-Listing: 2026-03-20
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: HO09
Legal: T17NR02WS11 A013
Taxes (Estimated): 3236.66
Tax Year: 2024
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Floors - # of: 2
Acres: 3.78
SF-Lot: 164656.8
Lot Area Source: Owner
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Prkg Spcs: 20
Type of Property: Land & Building
SF-Res: 4745
Year Built: 1972
Directions and Remarks
Directions: Mile 47 Parks Hwy, near the corner of Museum Dr.
To Show
ShowingTime: 1
Building Info
Building Status: Owner
Business Type
Retail: 1
Storage: 1
Warehouse: 1
Wholesale: 1
Other: 1
Listing Terms Financing
Cash: 1
Conventional: 1
Owner Finance: 1
Exterior Finish
Masonry: 1
Metal: 1
Heating
Natural Gas: 1
See Remarks: 1
Roof Type
Membrane: 1
Metal: 1
Shingle: 1
Construction Type
Block: 1
Metal Siding: 1
Wood Frame: 1
View Type
Mountains: 1
Foundation
Slab: 1
Flooring
Concrete: 1
Laminate: 1
Walls
Block: 1
Metal: 1
Sheetrock: 1
Access
Gravel: 1
Maintained: 1
Paved: 1
Sewer
Septic Tank: 1
Water Source
Well: 1
Retail
SF-Retail Apx: 312
SF-Retail Office: 1478
SF-Retail Warehouse: 2100
Features-Commercial
Fencing: 1
HW Heater - Gas: 1
Living Quarters: 1
Master Meter - Elec: 1
Master Meter - Gas: 1
On-Site Parking: 1
Overhead Door(s): 1
Restroom(s)-Handicap: 1
Restroom(s)-Private: 1
Separate Meter-Elec: 1
Separate Meter-Gas: 1
Docs Avl for Review
As-Built: 1
Floor Plan: 1
Property Disclosure: 1
Soils Test: 1
Other - See Remarks: 1
Location Tax and Legal
Area: WA - Wasilla
Street #: 5320
Directional: W
Street Name: Parks
Arterial: Highway
Closest USPS Town: Wasilla
State: AK
Zip Code: 99623
Property Features
Business Type: Retail; Storage; Warehouse; Wholesale; Other
Heating: Natural Gas; See Remarks
Construction Type: Block; Metal Siding; Wood Frame
Exterior Finish: Masonry; Metal
Roof Type: Membrane; Metal; Shingle
Flooring: Concrete; Laminate
Walls: Block; Metal; Sheetrock
Foundation: Slab
Features-Commercial: Fencing; HW Heater - Gas; Living Quarters; Master Meter - Elec; Master Meter - Gas; On-Site Parking; Overhead Door(s); Restroom(s)-Handicap; Restroom(s)-Private; Separate Meter-Elec; Separate Meter-Gas
Listing Terms Financing: Cash; Conventional; Owner Finance
Access: Gravel; Maintained; Paved
View Type: Mountains
Sewer: Septic Tank
Water Source: Well
To Show: ShowingTime
Docs Avl for Review: As-Built; Floor Plan; Property Disclosure; Soils Test; Other - See Remarks
Supplements
The freshly painted upper-level unit offers two bedrooms, one full bathroom, and washer-and-dryer hookups ready for an owner, employee housing, or additional rental income. Included with the building and land is Max Rentals, an established, currently operating storage business offering secure, gated storage; covered storage with electrical access; and fully enclosed storage. Max Rentals has built a flourishing, loyal clientele, with many customers maintaining their spaces year-round, even when removing recreational vehicles and equipment for summer use, to ensure they retain a spot at this secure, customer-focused facility. The security gate was recently upgraded, further enhancing access and protection for customers and their property. Additional improvements include a new septic system, new roofs on both buildings (in progress), and an approved secondary entrance from Museum Drive, enhancing accessibility and future development potential. With prominent highway frontage, steady traffic exposure, existing cash flow, and versatile spaces ready for immediate use, the property offers numerous possibilities, including expanded storage, retail, service-based businesses, a drive-up coffee/mix-use kiosk, food service, or additional commercial development. This is a rare opportunity to acquire the real estate and an established income-producing business with multiple revenue streams and substantial upside in one of Wasilla's most visible and rapidly growing commercial corridors.

IDX
Listing Office: Keller Williams Realty Alaska Group of Wasilla

Last Updated: August - 25 - 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.