1981 E Palmer-Wasilla Highway, Wasilla, AK 99654 (MLS# 26-2458)

1981 E Palmer-Wasilla Highway, Wasilla, AK 99654

$5,250,000
Property Type: Commercial Sale Square Footage: 19,796 Lot Size (sq. ft.): 69,260 Status: Active
Current Price: $5,250,000 Last Modified: 3/17/2026

Overview

Description

Offered for the first time with the room to Owner occupy this exceptional Class A office building presents a rare opportunity overlooking beautiful Wasilla Lake. The building offers a relaxed and tranquil setting that is highly desirable for professional service users seeking a quality working environment with conveniently within the core Wasilla market.

Listing Details MLS# 26-2458

Contract Info

Price-List
5250000
Date-Listing
2026-03-16
Foreclosure/Bank Own
No

Location Tax and Legal

Area
WA - Wasilla
Street #
1981
Directional
E
Street Name
Palmer-Wasilla
Arterial
Highway
Closest USPS Town
Wasilla
State
AK
Zip Code
99654

Property Info

Type of Property
Mixed Use
Building Type
Class A
Realtor.com Type
Commercial
Construction Status
Existing Structure
Building Status
Leased
% of Space Leased
49.5
Acres
1.59
SF-Lot
69260.4
Lot Area Source
Tax Authority
SF-Res
19796
Floors
2
Zoning
C - Commercial (re: Cities Wasilla/Houston)
Year Built
2005

Building Info

Building Name
Sitnasuak Professional Building

Office

Office Apx SF
18234

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
WA10
Legal
Lakebrook RSB T/6-2/7-1 Tr 6-A
Taxes (Estimated)
43169
Tax Year
2025

More Information

Listing Terms Financing

1031 Exchange
Yes
Cash
Yes

Primary Space

Office
Yes

Exterior Finish

Masonry
Yes
Metal
Yes

Heating

Natural Gas
Yes
Radiant
Yes
Other
Yes

Construction Type

Concrete
Yes
Metal Siding
Yes
Wood Frame - 2x6
Yes

View Type

Lake
Yes
Mountains
Yes

Foundation

Poured Concrete
Yes
Slab
Yes

Flooring

Carpet
Yes
Tile
Yes
Stone
Yes

Walls

Sheetrock
Yes

Access

Floatplane
Yes
Maintained
Yes
Paved
Yes
Water
Yes

Sewer

Septic Tank
Yes

Value/Income/Expense

Assessed Value - Total
4419500

Water Source

Well
Yes

Features-Commercial

3 Phase Electric
Yes
BOMA
Yes
DSL/Cable Available
Yes
Elevator
Yes
HW Heater - Gas
Yes
In City Limits
Yes
Master Meter - Elec
Yes
Master Meter - Gas
Yes
On-Site Parking
Yes
Restroom(s)-Handicap
Yes
Restroom(s)-Private
Yes
Wtrfnt-Actual Frntg
Yes

Documents

Docs Posted on MLS
Yes

Property Features

Primary Space: Office Heating: Natural Gas; Radiant; Other Exterior Finish: Masonry; Metal Construction Type: Concrete; Metal Siding; Wood Frame - 2x6 Foundation: Poured Concrete; Slab Flooring: Carpet; Tile; Stone Walls: Sheetrock Sewer: Septic Tank Water Source: Well Features-Commercial: 3 Phase Electric; BOMA; DSL/Cable Available; Elevator; HW Heater - Gas; In City Limits; Master Meter - Elec; Master Meter - Gas; On-Site Parking; Restroom(s)-Handicap; Restroom(s)-Private; Wtrfnt-Actual Frntg Access: Floatplane; Maintained; Paved; Water View Type: Lake; Mountains Listing Terms Financing: 1031 Exchange; Cash Documents: Docs Posted on MLS
IDX
Listing Office: Lee Realty, LLC
Last Updated: March - 17 - 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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