8380 N Palmer-Fishhook Road

Wasilla AK 99654

My Favorite Realty LLC

About This Home

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 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.

Property Details

Price & Status History

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