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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 Market61

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: Griggrealty
Added: Aug 17 Changed: Oct 3 Last Checked: Oct 16 at 11:14AM

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

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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

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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
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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

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
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