Highway-Front Retail and
For Sale
$799,000
Pending
5320 W Parks Hwy, Wasilla, AK 99623
Income-producing retail and high-security storage with a secondary-access approval and a flexible upper-level unit.
Property SizeContact for details
Lot Size3.78 Acres
Days on Market139
Property Features for 5320 W Parks Hwy
General Information
Standard status
Pending
Lot size
3.78 Acres
Property subtype
Business Opportunity
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Business Included
Yes
Listing Agency:
Keller Williams Realty Alaska Group of Wasilla
(907) 315-7917
Listed By:
Jaclyn Hernandez · License #159200
(907) 315-7917
Source:
Exprealty
Added: Mar 21
Changed: Jul 10
Last Checked: Jul 31 at 7:43PM
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 Keller Williams Realty Alaska Group of Wasilla
Investment Insights
Based on property information with market context.
This commercial property sits on 3.78 acres and includes established retail space plus a high-security storage facility. The storage offering includes fenced, covered, and fully enclosed options designed for year-round use. An upper-level two-bedroom unit is also included, currently operating as a yoga studio, and may be used for residential purposes or continued leasing.
Located along Parks Highway in Wasilla, the site benefits from strong visibility on a heavily trafficked corridor. The owner has completed improvements including a new roof for both buildings this spring. In addition, a secondary property entrance from Museum Drive has been approved by the borough, providing improved access and flexibility for future site development.
For buyers or operators, the mix of retail space and secure storage supports multiple revenue streams under one ownership. The flexible upper-level unit can continue generating income through its current use or be repurposed as residential. With frontage along Parks Highway and the added entrance approval, the site is well suited for continued retail, service, or storage uses, with potential to expand commercial operations within the existing framework.
Located along Parks Highway in Wasilla, the site benefits from strong visibility on a heavily trafficked corridor. The owner has completed improvements including a new roof for both buildings this spring. In addition, a secondary property entrance from Museum Drive has been approved by the borough, providing improved access and flexibility for future site development.
For buyers or operators, the mix of retail space and secure storage supports multiple revenue streams under one ownership. The flexible upper-level unit can continue generating income through its current use or be repurposed as residential. With frontage along Parks Highway and the added entrance approval, the site is well suited for continued retail, service, or storage uses, with potential to expand commercial operations within the existing framework.
Key Highlights
- Commercial property on 3.78 acres along Parks Highway with established retail space and multiple income streams
- High‑security storage facility with fenced, covered, and fully enclosed options available year‑round
- Flexible two‑bedroom upper‑level unit: currently operating as a yoga studio with option for residential use or continued lease
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Demographics for 99623, AK
23,878
Population
9,084
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
92%
High-School Grad
258.5 sq mi
ZIP Area
92
Density / Sq Mi
$87,606
Median Household Income
$49,110
Median Earnings
$1,558
Median Rent
$294,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Income-producing retail and high-security storage with a secondary-access approval and a flexible upper-level unit.
Where is this self storage facility located?
The property is located at 5320 W Parks Hwy Wasilla, AK.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Commercial property on 3.78 acres along Parks Highway with established retail space and multiple income streams; High‑security storage facility with fenced, covered, and fully enclosed options available year‑round; Flexible two‑bedroom upper‑level unit: currently operating as a yoga studio with option for residential use or continued lease
