Industrial Flex Shop with
34227 Industrial Street Soldotna, AK 99669
New
For Sale
$319,000
COMMERCIAL - Soldotna, AK
Property Size1,300 SF
Lot Size3.00 Acres
Price / SF$245.38
Days on Market4
Property Features for 34227 Industrial Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- UNK - Unknown
- Standard status
- Active
- APN
- 13519015
- Size
- 1,300 SF
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Description
- DERKEVORKIAN SUB TRACT 1 EXCLUDING THAT PORTION LYING WITHIN THE FUNNY RIVER ROAD ROW #6 (CONDO-shared land)
Utilities
- Sewer type
- Public Sewer
- Heating system
- Radiant, Natural Gas, Radiant Floor
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Wood Frame - 2x6
- Roof type
- Metal
Listing Agency:
EXP Realty, LLC
(907) 519-0095
Listed By:
Katie Uei · License #18597
(907) 398-3864
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 27 at 4:06AM
MLS# 26-9303
Copyright © 2026 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Industrial flex shop at Kenai River Man Caves, featuring a 49-foot-deep by 20-foot-wide main shop area and an additional 16-by-20-foot mezzanine. The mezzanine includes plumbing in place for a kitchen and gathering area. The unit also has a private gated area with room to turn a boat or RV, a full bathroom with walk-in shower on the main level, under-stair storage, and in-floor natural gas heat.
Each unit has its own independent heating system and separate gas and electric meter. The property is located at the beginning of Funny River Road in Soldotna, with stated proximity to Kenai River Center and a public boat launch at Centennial Park.
HOA is listed as $98 per month, covering management administration expenses, insurance, governance and operation of the common interest community, and common area maintenance and utilities not billed to individual units.
Each unit has its own independent heating system and separate gas and electric meter. The property is located at the beginning of Funny River Road in Soldotna, with stated proximity to Kenai River Center and a public boat launch at Centennial Park.
HOA is listed as $98 per month, covering management administration expenses, insurance, governance and operation of the common interest community, and common area maintenance and utilities not billed to individual units.
Key Highlights
- 2025‑built wood frame unit with metal roof
- 49‑ft deep by 20‑ft wide shop plus 16‑ft by 20‑ft mezzanine
- Mezzanine has plumbing in place for a kitchen/gathering area
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.5k | $28.08 |
| − Vacancy | −$2.0k | −$1.52 |
| EGI | $34.5k | $26.56 |
| − OpEx | −$12.1k | −$9.30 |
| NOI | $22.4k | $17.27 |
1,300 SF · lease $28.08/SF/yr · vacancy 5.40% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$320.7K
$280.6K – $374.1K
NOI $22,446 @ 7.0% cap · market cap 7.04%
Second Best
Warehouse
$139.5K
$122.0K – $162.7K
NOI $9,763 @ 7.0% cap · market cap 3.06%
Theoretical Best
Multifamily LT 5
$9.02M
$7.89M – $10.52M
NOI $631,135 @ 7.0% cap · market cap 197.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Industrial flex shop includes a deep 20-foot-wide shop and a 16-by-20-foot mezzanine with in-place plumbing.
Where is this flex space located?
The property is located at 34227 Industrial Street Soldotna, AK.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: 2025‑built wood frame unit with metal roof; 49‑ft deep by 20‑ft wide shop plus 16‑ft by 20‑ft mezzanine; Mezzanine has plumbing in place for a kitchen/gathering area
