5320 W Parks Highway, Wasilla, AK 99623 (MLS# 26-1541)


$1,000,000
5320 W Parks Highway
Wasilla, AK 99623
MLS# 26-1541
4745 sqft

Save listing

5320 W Parks Highway, Wasilla, AK 99623
  1 / 66  
5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 Room 1 - This room has a washer and dryer hook up. Room 2 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623 5320 W Parks Highway, Wasilla, AK 99623

Property Description
Positioned on 3.78 acres along one of the busiest stretches of the Parks Highway, this property offers exceptional visibility, multiple existing income streams, and significant upside potential. This high-exposure commercial property is already income-producing while leaving room for expansion and future development. The site features established retail space currently occupied

Details
Maps
Documents
Contract Info
Price-List: 1000000
Date-Listing: 2026-02-19
Status: Active
EM Minimum Deposit: 10000
Foreclosure/Bank Own: No
Location Tax and Legal
Area: WA - Wasilla
Street #: 5320
Directional: W
Street Name: Parks
Arterial: Highway
Closest USPS Town: Wasilla
State: AK
Zip Code: 99623
Property Info
Type of Property: Mixed Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Owner Occupied
Acres: 3.78
SF-Lot: 164656.8
Lot Area Source: Tax Authority
SF-Res: 4745
Floors: 2
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Year Built: 1972
Directions and Remarks
Directions: Mile 47 Parks Hwy, near the corner of Museum Dr.
Property Features
Primary Space: Land; Office; Office/Retail; Office/Warehouse; Retail
Secondary Space: Office/Retail; Office/Warehouse; Retail; Warehouse/Shop
Heating: Floor Furnace; Natural Gas; See Remarks
Exterior Finish: Masonry; Metal
Construction Type: Block; Metal Siding; Wood Frame
Foundation: Slab
Roof Type: Membrane; Metal; Shingle
Flooring: Concrete; Vinyl
Walls: Block; Metal; Sheetrock
Sewer: Septic Tank
Water Source: Well
Features-Commercial: Corner Lot; Fencing; Floor Drain(s); HW Heater - Gas; Living Quarters; On-Site Parking; Overhead Door(s); Restroom(s)-Private; Security System; Separate Meter-Elec
Access: Paved
View Type: Mountains
To Show: ShowingTime
Listing Terms Financing: Cash; Conventional; Owner Finance; See Remarks
Documents: As-Built; Floor Plan; Property Disclosure; Soils Test; Other - See Remarks
Supplements
a lucrative, high-security storage facility offering fenced, covered, and fully enclosed options year-round. Among the property's amenities is a flexible two-bedroom upper-level unit suitable for residential use or a continued lease. Currently operating as a yoga studio, the unit provides an additional established income stream. Owner improvements include a new roof for both buildings this spring and a secondary property entrance from Museum Drive, which has already been approved by the borough, providing improved access and long-term development flexibility. With its incredible street presence and steady traffic flow directly on the Parks Highway, the property is ideally suited for continued retail, service, or storage use, while also offering opportunities to introduce additional income streams, such as a drive-up coffee kiosk, food service, or expanded commercial operations. This is a rare opportunity to secure prime highway frontage with existing cash flow and room to grow in one of the fastest-growing and most visible commercial corridors in Wasilla.

Listing Office: RE/MAX Dynamic Properties

Last Updated: February - 20 - 2026

5320 W Parks Highway, Wasilla, AK 99623 - MLS# 26-1541

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.

WordPress Themes