$1,850,000
3020 N Lazy Eight CourtWasilla, AK 99654
MLS# 20-14227
Status: Closed
20644 sqft
1 / 34
Property Description
The Crossroads Center Mall is an iconic commercial investment opportunity located near the heart of Wasilla. Three extremely well maintained buildings with remarkable street frontage. Newer heating systems, DEC approved septic systems. Comes with HOA rights to airplane tie-down and runway access to Anderson Lake.
Details
Maps
Documents
Contract Info
Price-List: 1850000
Date-Listing: 2020-09-09
Status: Closed
Commission Type: %
Commission to SO: 2
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2021-02-25
Date-Closing: 2021-07-26
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Area: WA - Wasilla
Street #: 3020
Directional: N
Street Name: Lazy Eight
Arterial: Court
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: WA07
Legal: Shaw's Tri-Lakes #2 L38 B1
Property Info
Type of Property: Mixed Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Leased
Acres: 2.24
SF-Lot: 97574.4
Lot Area Source: Tax Authority
SF-Res: 20644
Zoning: UNK - Unknown (re: all MSB)
Directions and Remarks
Directions: From Palmer: Bogard all the way down through roundabouts to little millers. Right onto Lazy Eight Ct.
From Wasilla: Take Bogard to the roundabout, right Bogard at roundabout. Left into Little Miller
Property Features
Primary Space: Retail
Secondary Space: Retail
Exterior Finish: Masonry; Stucco
Construction Type: Wood Frame
Foundation: Slab
Roof Type: Asphalt; Composition; Shingle
Walls: Sheetrock
Sewer: Septic Tank
Water: Private; Well
Features-Commercial: DSL/Cable Available; In City Limits; On-Site Parking; Restroom(s)-Handicap; Separate Meter-Elec; Separate Meter-Gas
Access: Maintained; Paved
Supplements
FEATURES:
Two lots composed of 3.17 acres.
Three well-maintained commercial strip mall buildings and the land under Little Miller's Ice Cream.
Rental income of $235,259 annually.
Property is part of the Airstrip H way and includes a designated tie-down including Anderson Lake access and gravel strip.
4 furnaces recently replaced. All heating systems are on an annual maintenance/service program
All metal roofing fasteners were replaced and upgraded to stronger screws with rubber bushings.
All exterior lighting replaced with LED lams and photocells.
Both well pumps have been replaced and upgraded. One well is Class A, one well is Class B. The class A is regulated with the DEC and is monitored quarterly to which the DEC has recognized Crossroads as an exemplary management system.
Both septic fields were recently replaced with DEC approved systems.
The lawn and snow is on contract for regular maintenance and the parking lot has been re-striped with appropriate stalls and handicapped spaces.
Very few vacancies over the last 5 years. All were replace within a month.
Rent Rolls, Floor plan, As-built 
Listing Office: Real Estate Brokers of Alaska
Last Updated: July - 28 - 2021
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.
Monday 20th of May 2024 12:50 PM