634 S Bailey Street, Palmer, AK 99645 (MLS# 26-9841)

634 S Bailey Street, Palmer, AK 99645

$1,650,000
Property Type: Commercial Sale Square Footage: 12,100 Lot Size (sq. ft.): 25,265 Status: Active
Current Price: $1,650,000 Last Modified: 8/05/2026

Overview

Description

Own instead of lease in downtown Palmer. Palmer Business Plaza is a 12,100 SF corner office building on a 0.58-acre hard corner with parking on both sides. 15 flexible suites, several renovated & turnkey, ~74% available to occupy now. Recent roof, two new rooftop HVAC units, remodeled restrooms. Optional lease income offsets ownership cost. Priced at $136/SF, below replacement.

Listing Details MLS# 26-9841

Contract Info

Price-List
1650000
Date-Listing
2026-08-04
Foreclosure/Bank Own
No

Location Tax and Legal

Area
PA - Palmer
Street #
634
Directional
S
Street Name
Bailey
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
Acres
0.58
SF-Lot
25264.8
Lot Area Source
Tax Authority
SF-Res
12100
Floors
2
Zoning
CG - General Commercial (re: City Palmer)

Directions and Remarks

Directions
Glenn Hwy, Right on Evergreen, Left on Bailey.

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 L3-1 B11

Primary Space

Office
Yes

More Information

Property Features

Primary Space: Office
IDX
Listing Office: Jack White Commercial
Last Updated: August - 05 - 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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