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991 S Hermon Road, Wasilla, AK 99654 (MLS# 19-17675)


$1,999,900
991 S Hermon Road
Wasilla, AK 99654
MLS# 19-17675
Status: Closed
13860 sqft


991 S Hermon Road, Wasilla, AK 99654
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991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654 991 S Hermon Road, Wasilla, AK 99654

Property Description
Incredible investment in even better location! Hunter Plaza is located in an ideal spot within Wasilla. This mall sits at the corner of the first light coming into Wasilla and the last one leaving. The visibility is unbeatable. Located next to the Brown Jug warehouse and Lowe's. These spaces have little to no turnover with wonderful long term tenants!

Details
Maps
Contract Info
Price-List: 1999900
Date-Listing: 2019-10-24
Status: Closed
Commission Type: %
Commission to SO: 2.5
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2020-10-27
Date-Closing: 2021-06-08
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Area: WA - Wasilla
Street #: 991
Directional: S
Street Name: Hermon
Arterial: Road
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: WA11
Legal: Mountain Village L1B B3
Property Info
Type of Property: Mixed Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Leased
Acres: 1.25
SF-Lot: 54450
Lot Area Source: Tax Authority
SF-Res: 13860
Zoning: UNK - Unknown (re: all MSB)
Directions and Remarks
Directions: From Parks going northbound - take right onto S. Hermon Rd. Turn Left into Hunter Plaza. Hunter Plaza is located next to Brown Jug Warehouse
Property Features
Primary Space: Office/Retail
Construction Type: Wood Frame
Foundation: Poured Concrete
Roof Type: Rolled/Hot Mop
Flooring Type: Carpet
Walls: Sheetrock
Sewer: Public Sewer
Water: Public
Features-Commercial: DSL/Cable Available; In City Limits; Mall; Master Meter - Elec; Master Meter - Gas; On-Site Parking; Restroom(s)-Private
Access: Maintained; Paved
View Type: Mountains
New Finance (Terms): Cash; Conventional; Owner Finance
Supplements
Sakura Sushi, one of the valley's best known sushi spots, is just one of the very well known businesses within Hunter Plaza. A total of 12 income units within the building. Cap rate is slightly below 10% with ample room to increase current rents to increase the cap rate to approximately 11%. OWNER FINANCE POSSIBLE!! Add to all this the INCREDIBLE mountain views and you just cannot beat this phenomenal investment opportunity!

Listing Office: 360 N. Realty LLC

Last Updated: July - 30 - 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.

Thursday 25th of April 2024 05:10 AM