1 / 50$1,349,000
Originally $1,699,000
1649 W Parks Highway
Wasilla AK 99654
The Kibe Lucas Team Keller Williams Realty Alaska Group
0
Bathrooms
1983
Year Built
MLS# 25-6481· Listed May 30, 2025
Live MLS feedAbout This Home
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. 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!!
Property Details
Sewer
Price & Status History
* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.
Documents & insights
1 document from current & prior listings · parcel #9006000U00A .
Summary of 1 document from this property's current and prior listings. 0 items worth reviewing, plus 8 additional facts captured.
What the seller reported about utilities
The property is serviced by a well with a pump replaced in August 2023 and a septic system installed in January 2000. Heating is provided by boilers on both the Matsu and Charity Store sides, which have been replaced in the last 4 to 8 years and are maintained by Rock Solid Plumbing.
Source: Seller Building Details · Current listing
Reflects the prior owner's usage and providers. Your costs may vary.
A sample of what's in the documents
Roof: asphalt shingles
Assumes plywood sheathing with asphalt shingles
type: asphalt shingles · Assumes plywood sheathing with asphalt shinglesView source — Seller Building Details
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Source documents
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Listed by: Kibe Lucas · The Kibe Lucas Team Keller Williams Realty Alaska Group
© 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 April 2026.
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Mortgage Estimate
$8,077/mo
$1,214,100 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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