1649 W Parks Highway, & 1659 #A -B, Wasilla, AK 99654

$1,599,000
Property Type: Commercial Sale Square Footage: 28,200 Lot Size (sq. ft.): 56,628 Status: Active
Current Price: $1,599,000 Last Modified: 10/28/2025

Description

Prime Investment Opportunity - Dual Commercial Condo Units with High Traffic Exposure Unlock the potential of this exceptional Parks Highway frontage property, offering over 28,000 SQFT of versatile commercial space across two condo units. Unit A features approximately 12,200 SQFT plus a mezzanine, with multiple rentable spaces suitable for office, retail, and warehouse use.

Supplements: Includes a fully fenced 0.25-acre fenced in paved yard. Unit B offers 16,000 SQFT, also designed with multiple rentable units and a 0.25-acre fenced in paved yard for added utility. With average daily traffic exceeding 26,000 vehicles, this property provides maximum visibility and accessibility. Ideal for an owner-user or as a high-yield investment. Whether you occupy a portion and lease the rest, or rent it out entirely, this property has the potential to be a cash cow! Per the seller, building has a certified Class A Well. DO NOT DISTURB TENANTS!!

More Information MLS# 25-6481

Contract Info

Foreclosure/Bank Own: No Price-List: 1599000 Date-Listing: 2025-05-30 Status: Active

Location, Tax and Legal

Region: 1 - Southcentral Alaska Region Borough/Census Area: 1D - Matanuska Susitna Borough Unit #: #A -B Grid # (Muni Anch): N/A Tax Map #-Mat-Su: WA12 Legal: Mile 44 Parks Highway Condos #A - B

Property Info

Realtor.com Type: Commercial Construction Status: Existing Structure Acres: 1.3 SF-Lot: 56628 Lot Area Source: Owner Zoning: C - Commercial (re: Cities Wasilla/Houston) Floors: 2 Type of Property: Mixed Use SF-Res: 28200 Year Built: 1983

Directions and Remarks

Directions: Parks highway north to mile 44, building on your right across from Spenard Builders Supply.

Listing Terms Financing

Cash: 1 Conventional: 1

Primary Space

Condo: 1 Office: 1 Office/Retail: 1 Office/Warehouse: 1 Retail: 1 Warehouse/Shop: 1

Secondary Space

Condo: 1 Office: 1 Office/Retail: 1 Office/Warehouse: 1 Retail: 1 Warehouse/Shop: 1

Exterior Finish

Wood: 1

Heating

Natural Gas: 1

Roof Type

Metal: 1

Construction Type

Wood Frame: 1

Foundation

Poured Concrete: 1 Slab: 1

Walls

Sheetrock: 1

Access

Maintained: 1 Paved: 1

Sewer

Septic Tank: 1

Water Source

Private: 1 Well: 1

Location Tax and Legal

Area: WA - Wasilla Street #: 1649 Directional: W Street Name: Parks Arterial: Highway Street Addl Info: & 1659 Closest USPS Town: Wasilla State: AK Zip Code: 99654

Property Features

Primary Space: Condo; Office; Office/Retail; Office/Warehouse; Retail; Warehouse/Shop Secondary Space: Condo; Office; Office/Retail; Office/Warehouse; Retail; Warehouse/Shop Heating: Natural Gas Exterior Finish: Wood Construction Type: Wood Frame Foundation: Poured Concrete; Slab Roof Type: Metal Walls: Sheetrock Sewer: Septic Tank Water Source: Private; Well Access: Maintained; Paved Listing Terms Financing: Cash; Conventional

Documents

Listing Office: The Kibe Lucas Team Keller Williams Realty Alaska Group
IDX
Last Updated: October - 28 - 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.