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Flex Space with Highway Frontage
For Sale
$745,000

A-1649 W Parks Hwy, Wasilla, AK 99654

Commercial condo with areas suited to office, retail, and warehouse operations.

Property Size12,200 SF
Lot Size0.03 Acres
Price / SF$61.07
Days on Market456

Property Features for A-1649 W Parks Hwy

General Information

Standard status Active
Size 12,200 SF
Lot size 0.03 Acres

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes
Utilities to Site Yes

Building Details

Tenancy Multi
Listing Agency: The Kibe Lucas Team Keller Williams Alaska Advisors
Listed By: Kibe Lucas
Source: Exprealty
Added: May 31, 2025 Changed: Aug 29 Last Checked: Aug 29 at 7:04PM

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 The Kibe Lucas Team Keller Williams Alaska Advisors

Investment Insights

Based on property information with market context.

This flex-space commercial condominium includes approximately 12,200 square feet plus a mezzanine and multiple rentable areas. The layout supports office, retail, and warehouse uses within the same unit, providing options for an owner-user, partial occupancy with leasing, or full-property leasing. A fully fenced and paved .025-acre yard is included, and the building has a certified Class A Well per the seller.

The property fronts W Parks Hwy in Wasilla, with average daily traffic exceeding 26,000 vehicles. Unit B next door is also available, offering an additional acquisition consideration for interested parties. Tenants should not be disturbed.

Key Highlights

  • Approximately 12,200 SQFT plus a mezzanine
  • Multiple rentable areas for office, retail, and warehouse use
  • Fully fenced and paved .025 acre yard

Property Analytics

Current Use

Flex space

Lease Details

Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Demographics for 99654, AK

40,726
Population
17,006
Households
2.4
Avg Household Size
35
Median Age
24%
College-Educated
95%
High-School Grad
113.6 sq mi
ZIP Area
359
Density / Sq Mi
$93,739
Median Household Income
$53,748
Median Earnings
$1,233
Median Rent
$342,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial condo with areas suited to office, retail, and warehouse operations.
Where is this flex space located?
The property is located at A-1649 W Parks Hwy Wasilla, AK.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Approximately 12,200 SQFT plus a mezzanine; Multiple rentable areas for office, retail, and warehouse use; Fully fenced and paved .025 acre yard
More about this property
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