609 S Cobb Street, Palmer, AK 99645 (MLS# 26-7673)

609 S Cobb Street, Palmer, AK 99645

$1,599,000
Property Type: Commercial Sale Square Footage: 6,096 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $1,599,000 Last Modified: 6/25/2026

Overview

Description

Exceptional Downtown Palmer Investment Opportunity! Rarely does a property of this caliber become available in the heart of Palmer. This fully remodeled six-plex offers investors a true turnkey asset with all units currently occupied, providing immediate and reliable income from day one. Ideally situated within walking distance of downtown Palmer's shops, restaurants, parks, and local amenities

Supplements: Tenants enjoy the convenience of an unbeatable location while owners benefit from strong rental demand in one of Alaska's most desirable communities.Extensively updated throughout, this property features modern improvements, attractive finishes, and well-maintained units designed to maximize tenant satisfaction and long-term value. The thoughtful ...

Listing Details MLS# 26-7673

Contract Info

Price-List
1599000
Date-Listing
2026-06-25
Foreclosure/Bank Own
No

Location Tax and Legal

Area
PA - Palmer
Street #
609
Directional
S
Street Name
Cobb
Arterial
Street
Closest USPS Town
Palmer
State
AK
Zip Code
99645

Property Info

Type of Property
Single Use
Realtor.com Type
Commercial
Construction Status
Existing Structure
% of Space Leased
100
Acres
0.22
SF-Lot
9583.2
Lot Area Source
Tax Authority
SF-Res
6096
Zoning
CG - General Commercial (re: City Palmer)

Directions and Remarks

Directions
Coming north into Palmer on the Glenn Highway, turn R at the light on Dogwood, then the subject property is situated in the next intersection.

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
ARRC 1 L11-12 B11

Listing Terms Financing

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
VA Loan
Yes
Other
Yes

More Information

Heating

Electric
Yes

Access

Maintained
Yes
Paved
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Features-Commercial

Corner Lot
Yes
In City Limits
Yes
On-Site Parking
Yes

Documents

Docs Posted on MLS
Yes

Property Features

Heating: Electric Sewer: Public Sewer Water Source: Public Features-Commercial: Corner Lot; In City Limits; On-Site Parking Access: Maintained; Paved Listing Terms Financing: 1031 Exchange; Cash; Conventional; VA Loan; Other Documents: Docs Posted on MLS
IDX
Listing Office: Keller Williams Realty Alaska Group of Wasilla
Last Updated: June - 25 - 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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