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875 W Commercial Drive, Wasilla, AK 99654 (MLS# 19-10874)


$6,500,000
875 W Commercial Drive
Wasilla, AK 99654
MLS# 19-10874
51269 sqft


875 W Commercial Drive, Wasilla, AK 99654
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Property Description
A proven investment opportunity in the heart of the growing Mat-Su Borough's Wasilla business hub. This 3 building business & retail complex is anchored by the recently renewed State of Alaska & acts as a One-Stop center for Wasilla's H&SS & Labor offices. Priced well below replacement cost at only $130 per sq. ft. at 8.05 cap rate. This property has provided steady, reliable return and cash flow.

Details
Maps
Contract Info
Price-List: 6500000
Date-Listing: 2019-07-01
Status: Active
EM Minimum Deposit: 25000
Foreclosure/Bank Own: No
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Area: WA - Wasilla
Street #: 875
Directional: W
Street Name: Commercial
Arterial: Drive
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: WA10
Legal: Wasilla Airport Heights L44-46 B2
Property Info
Type of Property: Mixed Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 3.77
SF-Lot: 164221.2
SF-Res: 51269
Floors: 1
Zoning: C - Commercial (re:
Directions and Remarks
Directions: Located on the west end of Wasilla fronting the Parks Hwy just past Alaska Industrial Hardware. Just look for the large ''Westside Center'' sign on the north side of the road.
Building Info
Building Name: The Westside Center
Property Features
Primary Space: Office/Retail
Heat Type: Forced Air; In-Floor Heat
Fuel Type: Natural Gas
Construction Type: Wood Frame
Foundation: Block
Roof Type: Bitumen/Torch Down; Membrane
Flooring Type: Carpet; Slab
Sewer: Septic Tank; Public Sewer
Water: Public
Features-Commercial: On-Site Parking; Overhead Door(s); Separate Meter-Elec; Separate Meter-Gas

Listing Office: Western Enterprises, Inc.

Last Updated: September - 20 - 2019

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.

Saturday 19th of October 2019 01:08 PM