173 S Valley Way, Palmer, AK 99645
$630,000
Property Type:
Commercial Sale
Square Footage:
2,993
Lot Size (sq. ft.):
9,148
Status:
Closed
Current Price:
$630,000
Last Modified:
6/18/2026
Description
RESTAURANT OPPERTUNITY IN DOWNTOWN PALMER!
This property comes with all the equipment necessary to operate a restaurant and is ready for the next entrepreneur to bring their dream to life! The building owner has historically brought great revenue with immaculate location&curb appeal. Building underwent renovations in 2024, including a new roof, electrical AND parking lot!
Supplements: Building has been operated as a restaurant for the past few years but is zoned CG-Commercial General so the possibilities are vast! Don't miss out on this opportunity of a lifetime! Owner finance options available! The building has the potential to put up a wall and make a second unit and rent some of the space out, there is already 2 separate gas and electric meters as well as two separate entrances!
More Information MLS# 25-13623
Contract Info
Price-List: 630000
Date-Listing: 2025-10-30
Status: Closed
EM Minimum Deposit: 6500
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2026-04-23
Date-Closing: 2026-06-17
Location Tax and Legal
Area: PA - Palmer
Street #: 173
Directional: S
Street Name: Valley
Arterial: Way
Closest USPS Town: Palmer
State: AK
Zip Code: 99645
Property Info
Type of Property: Single Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 0.21
SF-Lot: 9147.6
Lot Area Source: Tax Authority
SF-Res: 2993
Zoning: CG - General Commercial (re: City Palmer)
Directions and Remarks
Directions: Glenn Hwy to Arctic, Right turn on Arctic, Right on Valley way and left on Blueberry Ave.
Property Features
Primary Space: Hospitality
Heating: Natural Gas
Exterior Finish: Masonry
Construction Type: Block; Concrete
Foundation: Poured Concrete
Flooring: Tile; Luxury Vinyl
Walls: Sheetrock
Sewer: Public Sewer
Water Source: Public
Features-Commercial: Automotive Allowed; Corner Lot; Fire Sprinkler System; HW Heater - Gas; In City Limits; Master Meter - Elec; Master Meter - Gas; On-Site Parking
Access: Government; Maintained; Paved
View Type: Mountains; Partial
Listing Terms Financing: 1031 Exchange; Cash; Conventional; Lease Option; Owner Finance
Documents: Docs Posted on MLS; Property Disclosure
Documents
Property Disclosure ›Listing Office: Solstice Realty
Last Updated: June - 18 - 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.
