$957,000
Wasilla, AK 99654
MLS# 26-4739
Status: Coming Soon
2780 sqft

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Property Description
Positioned along N Palmer Fishhook Rd, this 1.48-acre commercial investment opportunity offers immediate income with long-term upside in one of the Mat-Su Valley's emerging growth corridors. The property features five fully leased commercial units, including a well-constructed triplex completed in 2022, designed as the centerpiece with capacity in both the lot and septic system for an additional
Details
Maps
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Leased
% of Space Leased: 100
Acres: 1.48
SF-Lot: 64468.8
Lot Area Source: Tax Authority
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Type of Property: Mixed Use
SF-Res: 2780
Year Built: 2022
Contract Info
Foreclosure/Bank Own: No
Price-List: 957000
Date-Listing: 2026-05-01
Status: Coming Soon
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: WA01
Legal: Fishhook Junction L11
Directions and Remarks
Directions: From Palmer follow Palmer Fishhook Rd. The property is on the left before Turner's Corner.
To Show
ShowingTime: 1
Primary Space
Retail: 1
Secondary Space
Office: 1
Retail: 1
Sewer
Septic Tank: 1
Water Source
Private: 1
Well: 1
Location Tax and Legal
Area: WA - Wasilla
Street #: 8380
Directional: N
Street Name: Palmer Fishhook
Arterial: Road
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Property Features
Primary Space: Retail
Secondary Space: Office; Retail
Sewer: Septic Tank
Water Source: Private; Well
To Show: ShowingTime
Supplements
building of similar size. Two additional income-producing structures--a coffee hut and a standalone office with an established shed sales lot--add diversity to the revenue stream. Tenants pay their own utilities, and the property is supported by a 15-camera remote CCTV system, outdoor power access for seasonal décor at each unit, and a heated sidewalk enhancing year-round accessibility.
The grounds are thoughtfully maintained with a fenced grassy picnic area, complete with tables and umbrellas stored in a 20' Connex included in the sale, creating a welcoming environment for tenants and customers alike. This is a turnkey asset with expansion potential, built with care and positioned for future growth as the surrounding area continues to develop. Sellers are retiring, presenting a rare opportunity to step into a stabilized investment with room to scale. Optional purchase of the final cabin on the sales lot is available for $25,000. Priced at $957,000, this is an ideal acquisition for a forward-thinking investor ready to capitalize on both current cash flow and future development. Opportunities like this are limited--schedule your showing and secure your position in this growing market today.
IDX
Listing Office: My Favorite Realty LLC
Last Updated: May - 01 - 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.