5100 S Old Glenn Highway, & 5050, Palmer, AK 99645

$325,000
Property Type: Multi-Family Bedrooms: 5 Baths: 3 Square Footage: 4,500 Lot Size (sq. ft.): 275,734 Status: Closed
Current Price: $325,000 Last Modified: 7/15/2026

Description

A remarkable chance to acquire nearly 10 flat acres with abundant highway frontage and limitless potential! This property features a well and an existing structure with three separate units on the upper floor, while the main floor housed an old laundromat. Although in need of updates, the building holds significant promise for conversion into rental units with a potential business space

Supplements: on the main floor. There is also a second building that can be utilized as a shop. The concrete building is equipped with a newer high-efficiency boiler. Explore the myriad possibilities this expansive property offers and turn this opportunity into a lucrative investment! --

More Information MLS# 23-14131

Contract Info

Price-List: 325000 Date-Listing: 2023-12-08 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2023-12-18 Date-Closing: 2024-02-28

Location Tax and Legal

Area: PA - Palmer Street #: 5100 Directional: S Street Name: Old Glenn Arterial: Highway Street Addl Info: & 5050 Closest USPS Town: Palmer State: AK Zip Code: 99645

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 5 Bathrooms Full: 3 Bathrooms Total: 3 Bldgs-Ttl #: 1 Year Built: 1980 SF-Res: 4500 Number of Units: 3 SF-Lot: 275734 Acres: 6.33 Prkg Spcs: 8 Lot Area Source: Other Zoning: UNK - Unknown (re: all MSB)

Directions and Remarks

Directions: Follow AK-3 S, AK-1 S and S Old Glenn Hwy to Sodak Ct in Butte, Turn left onto Sodak Ct, For Sale Sign Posted

Property Features

Multi-Family Type: Apartment Style; Other - See Remarks Foundation Type: Block; Unknown - BTV Heating: Baseboard; Natural Gas Sewer-Type: Septic Tank Water Source: Well Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None To Show: ShowingTime
Listing Office: Real Broker Alaska
Last Updated: July - 15 - 2026
5100 S Old Glenn Highway, & 5050, Palmer, AK 99645- MLS# 23-14131
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.