173 S Valley Way, Palmer, AK 99645 (MLS# 25-13623)

173 S Valley Way, Palmer, AK 99645

$630,000
Property Type: Commercial Sale Square Footage: 2,993 Lot Size (sq. ft.): 9,148 Status: Pending
Current Price: $630,000 Last Modified: 4/23/2026

Overview

Description

RESTAURANT OPPERTUNITY IN DOWNTOWN PALMER! This property comes with all the equipment necessary to operate a restaurant and is ready for the next entrepreneur to bring their dream to life! The building owner has historically brought great revenue with immaculate location&curb appeal. Building underwent renovations in 2024, including a new roof, electrical AND parking lot!

Supplements: Building has been operated as a restaurant for the past few years but is zoned CG-Commercial General so the possibilities are vast! Don't miss out on this opportunity of a lifetime! Owner finance options available! The building has the potential to put up a wall and make a second unit and rent some of the space out, there is already 2 separate gas ...

Listing Details MLS# 25-13623

Contract Info

Price-List
630000
Date-Listing
2025-10-30
EM Minimum Deposit
6500
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2026-04-23

Location Tax and Legal

Area
PA - Palmer
Street #
173
Directional
S
Street Name
Valley
Arterial
Way
Closest USPS Town
Palmer
State
AK
Zip Code
99645

Property Info

Type of Property
Single Use
Realtor.com Type
Commercial
Construction Status
Existing Structure
Acres
0.21
SF-Lot
9147.6
Lot Area Source
Tax Authority
SF-Res
2993
Zoning
CG - General Commercial (re: City Palmer)

Directions and Remarks

Directions
Glenn Hwy to Arctic, Right turn on Arctic, Right on Valley way and left on Blueberry Ave.

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1D - Matanuska Susitna Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
PA05
Legal
Snodgrass Rolan L10 B1

More Information

Listing Terms Financing

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Lease Option
Yes
Owner Finance
Yes

Primary Space

Hospitality
Yes

Exterior Finish

Masonry
Yes

Heating

Natural Gas
Yes

Construction Type

Block
Yes
Concrete
Yes

View Type

Mountains
Yes
Partial
Yes

Foundation

Poured Concrete
Yes

Flooring

Tile
Yes
Luxury Vinyl
Yes

Walls

Sheetrock
Yes

Access

Government
Yes
Maintained
Yes
Paved
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Features-Commercial

Automotive Allowed
Yes
Corner Lot
Yes
Fire Sprinkler System
Yes
HW Heater - Gas
Yes
In City Limits
Yes
Master Meter - Elec
Yes
Master Meter - Gas
Yes
On-Site Parking
Yes

Documents

Docs Posted on MLS
Yes
Property Disclosure
Yes

Property Features

Primary Space: Hospitality Heating: Natural Gas Exterior Finish: Masonry Construction Type: Block; Concrete Foundation: Poured Concrete Flooring: Tile; Luxury Vinyl Walls: Sheetrock Sewer: Public Sewer Water Source: Public Features-Commercial: Automotive Allowed; Corner Lot; Fire Sprinkler System; HW Heater - Gas; In City Limits; Master Meter - Elec; Master Meter - Gas; On-Site Parking Access: Government; Maintained; Paved View Type: Mountains; Partial Listing Terms Financing: 1031 Exchange; Cash; Conventional; Lease Option; Owner Finance Documents: Docs Posted on MLS; Property Disclosure
IDX
Listing Office: Solstice Realty
Last Updated: April - 23 - 2026
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.

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