3161 E Palmer-Wasilla Highway, Wasilla AK 996541 / 24

$2,350,000

Active

3161 E Palmer-Wasilla Highway

Wasilla AK 99654

Spire Commercial

0

Bathrooms

13,800

Sq Ft

1975

Year Built

$170/sqft1.57 acres lot1 story

MLS# 24-3741· Listed Apr 11, 2024

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About This Home

Regan Building - 13,800sf building on a large 68,448sf lot with a great location on the busy Palmer-Wasilla thoroughfare - easy access to these two vibrant communities. Features a quality roster of tenants and a prime opportunity for any investor at an ~8.32 cap. Little to no deferred maintenance. Outside Wasilla city limits.

Documents & insights

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4 documents from current & prior listings · parcel #7046000L001A.

AI Summary

Summary of 4 documents from this property's current and prior listings. 1 item worth reviewing, plus 12 additional facts captured.

A sample of what's in the documents

Worth a lookCurrent listing

Document listed a known issue

The Offering Memorandum notes this item as a known issue. Exact wording from the document is quoted below.

Little if any deferred maintenance
View source — Offering Memorandum
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Property Details

Property TypeCommercial Sale
Sub TypeMixed Use
Stories1
Year Built1975
Lot Size1.57 acres
Parcel #7046000L001A
Annual Taxes$11,752 (2023)
MLS #24-3741

Sewer

Septic Tank

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Mountain(s)

Price & Status History

7/7/2025
Listed for sale
$3+15.2%
0
4/8/2025
Sold
$20.0%
0
4/8/2025
Sold
$2-100.0%
0
4/11/2024
Listed for sale
$2,350,000+27.0%
$170/sqft
Source: AKMLS #24-3741
10/30/2020
Listed for sale
$1,850,000
$134/sqft

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

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Equal Housing Opportunity

Listed by: Hugh J. Wade · Spire Commercial

Alaska MLS

© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Data last updated May 2026.

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Mortgage Estimate

Down payment10% · $235,000
Interest rate7.0%
Loan term30 years

$14,071/mo

$2,115,000 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

Teresa Jervis

Dream Makers

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