$799,0000 ba · 4,745 sqft
5320 W Parks Highway, Wasilla AK 996231 / 150

$799,000

Originally $850,000

Active

5320 W Parks Highway

Wasilla AK 99623

T17NR02WS11 A013

Keller Williams Realty Alaska Group of Wasilla

0

Bathrooms

4,745

Sq Ft

1972

Year Built

$168/sqft3.78 acres lot

MLS# 26-2715· Listed Mar 20, 2026

Live MLS feed

About This Property

Positioned on 3.78 acres along one of the busiest stretches of the Parks Highway, this high-visibility commercial property combines established income with exceptional flexibility and room for growth. The property features a cleared, move-in-ready retail space with an adjoining warehouse, ideal for retail, service, distribution, or mixed commercial operations. The freshly painted upper-level unit offers two bedrooms, one full bathroom, and washer-and-dryer hookups ready for an owner, employee housing, or additional rental income. Included with the building and land is Max Rentals, an established, currently operating storage business offering secure, gated storage; covered storage with electrical access; and fully enclosed storage. Max Rentals has built a flourishing, loyal clientele, with many customers maintaining their spaces year-round, even when removing recreational vehicles and equipment for summer use, to ensure they retain a spot at this secure, customer-focused facility. The security gate was recently upgraded, further enhancing access and protection for customers and their property. Additional improvements include a new septic system, new roofs on both buildings (in progress), and an approved secondary entrance from Museum Drive, enhancing accessibility and future development potential. With prominent highway frontage, steady traffic exposure, existing cash flow, and versatile spaces ready for immediate use, the property offers numerous possibilities, including expanded storage, retail, service-based businesses, a drive-up coffee/mix-use kiosk, food service, or additional commercial development. This is a rare opportunity to acquire the real estate and an established income-producing business with multiple revenue streams and substantial upside in one of Wasilla's most visible and rapidly growing commercial corridors.

Property Details

Property TypeBusiness Opportunity
Sub TypeLand & Building
Year Built1972
Lot Size3.78 acres
SubdivisionT17NR02WS11 A013
Legal DescriptionT17NR02WS11 A013
Parcel #17N02W11A013
Annual Taxes$3,237 (2024)
MLS #26-2715

Heating

Natural GasSee Remarks

Flooring

ConcreteLaminate

Sewer

Septic Tank

View

Mountain(s)
Equal Housing Opportunity

Listed by: Jaclyn Hernandez · Keller Williams Realty Alaska Group of Wasilla

Alaska MLS

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Mortgage Estimate

Down payment10% · $79,900
Interest rate7.0%
Loan term30 years

$4,784/mo

$719,100 loan · 30yr · 7.0%

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

Greg Shepard

Dream Makers

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