8431 Parks Hwy Wasilla, AK 99623

Property Details for 8431 Parks Hwy

Lot size

0.57 lot acres

Property size

1,760 SF

Property type

Commercial real estate

Description

This exceptional commercial property, located at 8431 W Parks Highway in Wasilla, Alaska, presents a unique investment opportunity. Spanning 0.57 acres, the property boasts two separate buildings totaling 1,760 square feet, each with its own gas and electric meters, offering flexibility for various uses. Currently, one building houses a thriving knife sharpening business, while the other operates as a thrift store, demonstrating the property's immediate income potential. The main building's current tenant, Able Knife Sharpening, is available for purchase separately for an additional $35,000, providing a turnkey business opportunity. The property benefits from a convenient Parks Highway location, providing easy access from both north and south. Recent improvements include a new well pump and a new metal roof, minimizing immediate maintenance needs. Ample parking is available, with potential for expansion. The zoning allows for retail or mixed-use development, catering to a wide range of business ventures. This property offers a compelling combination of existing income streams, recent upgrades, and significant development potential, making it an attractive investment in a desirable Wasilla location. The property's versatility and prime location make it an ideal choice for both established businesses and entrepreneurs seeking a profitable venture.