1649 W Parks Highway, & 1659 #A -B, Wasilla, AK 99654
$1,349,000
Property Type:
Commercial Sale
Square Footage:
28,200
Lot Size (sq. ft.):
56,628
Status:
Active
Current Price:
$1,349,000
Last Modified:
2/09/2026
Description
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.
Supplements: 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!!
More Information MLS# 25-6481
Contract Info
Price-List: 1349000
Date-Listing: 2025-05-30
Status: Active
Foreclosure/Bank Own: No
Location Tax and Legal
Area: WA - Wasilla
Street #: 1649
Directional: W
Street Name: Parks
Arterial: Highway
Street Addl Info: & 1659
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Property Info
Type of Property: Mixed Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 1.3
SF-Lot: 56628
Lot Area Source: Owner
SF-Res: 28200
Floors: 2
Zoning: C - Commercial (re: Cities Wasilla/Houston)
Year Built: 1983
Directions and Remarks
Directions: Parks highway north to mile 44, building on your right across from Spenard Builders Supply.
Property Features
Primary Space: Condo; Office; Office/Retail; Office/Warehouse; Retail; Warehouse/Shop
Secondary Space: Condo; Office; Office/Retail; Office/Warehouse; Retail; Warehouse/Shop
Heating: Natural Gas
Exterior Finish: Wood
Construction Type: Wood Frame
Foundation: Poured Concrete; Slab
Roof Type: Metal
Walls: Sheetrock
Sewer: Septic Tank
Water Source: Private; Well
Access: Maintained; Paved
Listing Terms Financing: Cash; Conventional
Documents
Seller Building Details ›Listing Office: The Kibe Lucas Team Keller Williams Alaska Advisors
Last Updated: February - 09 - 2026
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.
