3253 W Coghlan Circle, Wasilla, AK 99623

$2,399,000
Property Type: Commercial Sale Square Footage: 13,700 Lot Size (sq. ft.): 40,075 Status: Active
Current Price: $2,399,000 Last Modified: 11/06/2025

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.

Supplements: 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 nearby Jacobsen Lake, creating an attractive setting for tenants and businesses alike. With projected residential rents of ~$1,650 per unit and a strong lease income history on the commercial spaces (details available upon request), 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 today for full lease history and financial details.

More Information MLS# 25-12171

Contract Info

Foreclosure/Bank Own: No Price-List: 2399000 Date-Listing: 2025-09-19 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: WA12 Legal: Coghlan Estates L2 B3

Property Info

Realtor.com Type: Commercial Construction Status: Existing Structure Acres: 0.92 SF-Lot: 40075.2 Lot Area Source: Tax Authority Zoning: UNK - Unknown (re: all MSB) Type of Property: Mixed Use SF-Res: 13700

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

Parking Space-Ttl #: 20

Listing Terms Financing

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Primary Space

Warehouse/Shop: 1

Secondary Space

Office/Retail: 1

Exterior Finish

Wood: 1

Heating

Forced Air: 1

Roof Type

Asphalt: 1

Construction Type

Wood Frame: 1

View Type

Lake: 1 Mountains: 1

Foundation

Poured Concrete: 1

Flooring

Concrete: 1 Luxury Vinyl: 1

Walls

Sheetrock: 1

Access

Maintained: 1 Paved: 1

Sewer

Septic Tank: 1

Water Source

Well: 1

Warehouse/Shop

Whs-# Grd Lvl Doors: 3

Features-Commercial

Automotive Allowed: 1 Corner Lot: 1 Floor Drain(s): 1 HW Heater - Elec: 1 HW Heater - Gas: 1 Living Quarters: 1 On-Site Parking: 1 Restroom(s)-Private: 1 Security System: 1 Wtrfnt-Access Nearby: 1

Location Tax and Legal

Area: WA - Wasilla Street #: 3253 Directional: W Street Name: Coghlan Arterial: Circle Closest USPS Town: Wasilla State: AK Zip Code: 99623

Property Features

Primary Space: Warehouse/Shop Secondary Space: Office/Retail Heating: Forced Air Exterior Finish: Wood Construction Type: Wood Frame Foundation: Poured Concrete Roof Type: Asphalt Flooring: Concrete; Luxury Vinyl Walls: Sheetrock Sewer: Septic Tank Water Source: Well Features-Commercial: Automotive Allowed; Corner Lot; Floor Drain(s); HW Heater - Elec; HW Heater - Gas; Living Quarters; On-Site Parking; Restroom(s)-Private; Security System; Wtrfnt-Access Nearby Access: Maintained; Paved View Type: Lake; Mountains Listing Terms Financing: Cash; Conventional; FHA; VA Loan

Documents

Listing Office: RMG Real Estate
IDX
Last Updated: November - 06 - 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.