5320 W Parks Highway

Highlights:

• Building Features: Living Quarters, Restroom(s)-Private
• Lease Amount Frequency: Monthly
• Documents Available: As-Built, Floor Plan, Other - See Remarks, Property Disclosure, Soils Test
• Heating: Natural Gas, See Remarks
• Electric: Master Meter - Elec, Separate Meter-Elec
• Flooring: Concrete, Laminate
• Construction Materials: Block, Metal Siding, Wood Frame - 2x4, Masonry, Metal, Sheetrock
• Parking Features: On Site
• Accessibility Features: Restroom(s)-Handicap
• Disclosures: Property Disclosure

Description:

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.

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Listing ID: 26-10906