3161 E Palmer-Wasilla Highway, Wasilla, AK 99654 (MLS# 24-3741)

3161 E Palmer-Wasilla Highway, Wasilla, AK 99654

$2,350,000
Property Type: Commercial Sale Square Footage: 13,800 Lot Size (sq. ft.): 68,448 Status: Active
Current Price: $2,350,000 Last Modified: 7/15/2025

Overview

Description

Regan Building - 13,800sf building on a large 68,448sf lot with a great location on the busy Palmer-Wasilla thoroughfare - easy access to these two vibrant communities. Features a quality roster of tenants and a prime opportunity for any investor at an ~8.32 cap. Little to no deferred maintenance. Outside Wasilla city limits.

Listing Details MLS# 24-3741

Contract Info

Price-List
2350000
Date-Listing
2024-04-11
EM Minimum Deposit
20000
Foreclosure/Bank Own
No

Location Tax and Legal

Area
WA - Wasilla
Street #
3161
Directional
E
Street Name
Palmer-Wasilla
Arterial
Highway
Closest USPS Town
Wasilla
State
AK
Zip Code
99654

Property Info

Type of Property
Mixed Use
Realtor.com Type
Commercial
Construction Status
Existing Structure
Building Status
Leased
Acres
1.57
SF-Lot
68448
Lot Area Source
Plat
SF-Res
13800
Floors
Yes
Zoning
UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Year Built
1975

Directions and Remarks

Directions
Use GPS or Google Maps... Parks Hwy, north on Seward Meridian, left on Palmer-Wasilla Hwy, 0.3 miles to Regan building on right. From Fred Meyer/Target intersection, 1.25 miles, Regan Bldg on left.

Building Info

Building Name
Regan Building

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
WA11
Legal
D J 2011 Addn L1A
Taxes (Estimated)
11752
Tax Year
2023

More Information

Primary Space

Office
Yes
Office/Retail
Yes
Retail
Yes

View Type

Mountains
Yes

Access

Maintained
Yes
Paved
Yes

Sewer

Septic Tank
Yes

Water Source

Well
Yes

Features-Commercial

Medical
Yes
Restroom(s)-Handicap
Yes
Restroom(s)-Private
Yes
Other - See Remarks
Yes

Property Features

Primary Space: Office; Office/Retail; Retail Sewer: Septic Tank Water Source: Well Features-Commercial: Medical; Restroom(s)-Handicap; Restroom(s)-Private; Other - See Remarks Access: Maintained; Paved View Type: Mountains
IDX
Listing Office: Spire Commercial
Last Updated: July - 15 - 2025
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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