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Downtown Mixed-Use Retail & Office
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1-3-432 S Alaska St, Palmer, AK 99645

Three distinct units offer a drive-through coffee setup, a multi-room office suite, and an open basement gathering space.

Space SizeContact for details
Property Size900 SF
Days on Market313

Property Features for 1-3-432 S Alaska St

General Information

Standard status Active
Size 900 SF

Amenities

drive thru

Building Details

Tenancy Multi
Listing Agency: Sun Properties, LLC
Listed By: Richard Davids · License #13871
Source: Exprealty
Added: Sep 28, 2025 Changed: Jul 26 Last Checked: Jul 31 at 8:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sun Properties, LLC

Investment Insights

Based on property information with market context.

This rental property includes three separate commercial units. Unit 1 is retail space with an operational drive-through and a coffee-shop setup that includes a prep sink and espresso machine. Unit 2 is a four-room office suite with a reception desk, suited for a small medical office use. Unit 3 provides an open finished basement space with adjacent storage, previously used as a church or gathering space.

The property is described as having excellent street presence in downtown Palmer, with units configured for retail/drive-through operations and office use within the same offering.

Together, the layout supports multiple day-to-day needs across retail, professional office, and an indoor finished basement space with nearby storage.

Key Highlights

  • Unit 1 retail space with operational drive‑thru set up for a coffee shop, includes prep sink & espresso machine
  • Unit 1: 900 USF listed at $2.50/SF, $3,761/month price includes CAM (load factor 1.67)
  • Unit 2: 4‑room office suite with reception desk, sized for a small medical office; 630 USF at $2.25/SF

Property Analytics

Current Use

Coffee shops

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Demographics for 99645, AK

28,818
Population
12,021
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
95%
High-School Grad
586.2 sq mi
ZIP Area
49
Density / Sq Mi
$97,069
Median Household Income
$51,710
Median Earnings
$1,309
Median Rent
$338,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Coffee shop - Three distinct units offer a drive-through coffee setup, a multi-room office suite, and an open basement gathering space.
Where is this coffee shop located?
The property is located at 1-3-432 S Alaska St Palmer, AK.
What are key features of this property?
This property features: Unit 1 retail space with operational drive‑thru set up for a coffee shop, includes prep sink & espresso machine; Unit 1: 900 USF listed at $2.50/SF, $3,761/month price includes CAM (load factor 1.67); Unit 2: 4‑room office suite with reception desk, sized for a small medical office; 630 USF at $2.25/SF
More about this property
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