Six-Unit Office and Restaurant
850 S Roberts St Wasilla, AK
850 S Roberts St, Wasilla, AK, 00000
$2,999,950
For Sale
$2,999,950
Six separately metered units combine professional offices, restaurant space, and a vet clinic with private accessible bathrooms.
Property Size8,774 SF
Price / SF$341.91
Days on Market165
Property Features for 850 S Roberts St
General Information
- Standard status
- Active
- Size
- 8,774 SF
Listing agency
RE/MAX Dynamic Properties - Eagle River Branch
(907) 280-8010
Listed by
Scott Myers · License #2005041645
(907) 280-8010
Source
Exprealty
Added: Feb 6 Updated: Jul 21 at 7:42AM Checked: Jul 21 at 7:42AM
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 RE/MAX Dynamic Properties - Eagle River Branch
Investment Insights
Based on property information with market context.
This six-unit professional building in Wasilla includes a mix of restaurant, office spaces, and a vet clinic. The property is fully leased with long-term anchor tenants. Each unit has a private handicapped accessible bathroom, and most units include a kitchenette. All units are separately metered for gas and electric.
The building is located on a flat, paved lot with ample parking. Public remarks also note strong street-level exposure, with over 19,000 vehicles passing per day.
The offering is for the real property only; no personal property conveys. Please do not disturb tenants.
The building is located on a flat, paved lot with ample parking. Public remarks also note strong street-level exposure, with over 19,000 vehicles passing per day.
The offering is for the real property only; no personal property conveys. Please do not disturb tenants.
Key Highlights
- Six‑unit professional office building in the heart of Wasilla, offering a mix of office spaces, restaurant space, and a vet clinic
- Fully leased with long‑term anchor tenants (DO NOT DISTURB TENANTS); no personal property conveys
- All units are separately metered for gas and electric
Local Financial Insights For Specialty Retail
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 | $184.3k | $21.00 |
| − Vacancy | −$11.1k | −$1.26 |
| EGI | $173.2k | $19.74 |
| − OpEx | −$43.3k | −$4.94 |
| NOI | $129.9k | $14.81 |
8,774 SF · lease $21.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.86M
$1.62M – $2.16M
NOI $129,899 @ 7.0% cap · market cap 4.33%
Second Best
Office B
$1.75M
$1.53M – $2.04M
NOI $122,239 @ 7.0% cap · market cap 4.07%
Theoretical Best
Multifamily LT 5
$64.86M
$56.76M – $75.68M
NOI $4,540,537 @ 7.0% cap · market cap 151.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Six separately metered units combine professional offices, restaurant space, and a vet clinic with private accessible bathrooms.
Where is this office building located?
The property is located at 850 S Roberts St Wasilla, AK.
What is the asking price?
The asking price for this property is $2,999,950.
What are key features of this property?
This property features: Six‑unit professional office building in the heart of Wasilla, offering a mix of office spaces, restaurant space, and a vet clinic; Fully leased with long‑term anchor tenants (DO NOT DISTURB TENANTS); no personal property conveys; All units are separately metered for gas and electric
