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$ 750,000
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Active
5031 E Mayflower LN #1-6 Wasilla, AK 99654
3,550 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,550 sqft
Price per Sqft $211
MLS Listing ID 26-3078
Construction Status Existing Structure
Year Built 1985
Lot Size 1.000 Acres
Acres 1.0
Source Alaska Multiple Listing Service
Property Description
This commercial investment opportunity features a 6-unit retail/office building totaling 3,550 square feet, originally constructed in 1985. The property is currently occupied by 5 long-term tenants, providing stable in-place income, with one unit scheduled to become available on June 1, 2026--offering flexibility for an owner-user or the opportunity to lease at market rates. Positioned along the highly traveled Palmer-Wasilla Highway, the property benefits from excellent visibility, strong signage exposure, and consistent traffic counts, making it an attractive location for both tenants and future businesses.
Situated on a 43,560-square-foot (1-acre) lot, the site also presents a compelling value-add opportunity. With ample land area, there is potential for additional development, including construction of another building or expansion of the existing improvements, subject to zoning and municipal approvals.
Situated on a 43,560-square-foot (1-acre) lot, the site also presents a compelling value-add opportunity. With ample land area, there is potential for additional development, including construction of another building or expansion of the existing improvements, subject to zoning and municipal approvals.
Location
State AK
Area Wa - Wasilla
Zoning UNK - Unknown (re: all MSB)
Direction Palmer Wasilla Hwy to Luke to Mayflower Lane.
Interior
Flooring Laminate
Exterior
Roof Type Composition,Shingle,Asphalt
Accessibility , Paved, Maintained
Building
Foundation Unknown - BTV
Lot Size Range 1.0
Sewer Septic Tank
New Construction No
Construction Status Existing Structure
Others
Tax ID 9095000U001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Real Broker Alaska