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Mixed-Use Property with Drive-Through
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432 S Alaska St, Palmer, AK 99645

Three distinct commercial spaces include retail, office, and finished lower-level configurations.

Space Size900 SF
Days on Market15

Property Features for 432 S Alaska St

General Information

Standard status Active
Size 900 SF
Net Rentable 900 SF

Space & Availability

Available Space 900 SF
Contiguous Space 900 SF
Space Use Retail

Lease Terms

Lease Rate $2.50 /USD/SF/MO
Total Rate $3,761
Monthly Rent $2,250

Additional Details

Drive-Thru Yes
Listing Agency: Sun Properties, LLC
Listed By: Richard Davids · License #13871
Source: Sellingalaskaco
Added: Aug 17 Changed: Aug 30 Last Checked: Aug 30 at 9:03PM

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 mixed-use property at 432 S Alaska St includes three separately configured commercial areas. The retail unit measures 900 USF and includes an operational drive-through, prep sink, and espresso machine, with its layout set up for coffee service. A separate 630 USF office suite contains four rooms and a reception desk, while the 1,644 USF finished basement offers open space alongside adjoining storage.

The property is located in downtown Palmer, providing a combination of retail, office, and lower-level space within one commercial asset. The varied layouts support distinct operating formats, from customer-facing retail to a compact professional suite and flexible gathering or storage space. The basement was previously used as a church and gathering area.

Key Highlights

  • Three‑unit mixed‑use property at 432 S Alaska St in downtown Palmer
  • 900 USF retail unit with operational drive‑through
  • Retail space includes prep sink and espresso machine

Property Analytics

Current Use

Country Cutts Hair Salon Palmer United Methodist ... Church Coffee & Cream Cafe & Coffee Shop

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

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?
Mixed-use property - Three distinct commercial spaces include retail, office, and finished lower-level configurations.
Where is this mixed-use property located?
The property is located at 432 S Alaska St Palmer, AK.
What are key features of this property?
This property features: Three‑unit mixed‑use property at 432 S Alaska St in downtown Palmer; 900 USF retail unit with operational drive‑through; Retail space includes prep sink and espresso machine
More about this property
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