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The Real Estate Center 1981 E Palmer Wasilla Hwy 19,796 SF Office Building Wasilla, AK 99654 $5,250,000 ($265.21/SF)
Investment Highlights
- High concentration retail/service center
- Class A finishes
- Lakefront property
Executive Summary
Lake front property in the retail center of the Matus Borough. Office building fully leased upstairs (9035 Rentable) with 9199 rentable square footage on the ground floor for an owner occupant. Excellent value in comparison to building.
Data Room Click Here to Access
- Operating and Financials
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Owner User
Property Type
Office
Building Size
19,796 SF
Building Class
B
Year Built/Renovated
2005/2024
Price
$5,250,000
Price Per SF
$265.21
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,117 SF
Building FAR
0.29
Lot Size
1.59 AC
Zoning
35 - Wasilla Commercial Zoning.
Parking
65 Spaces (3.56 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Waterfront
- Wheelchair Accessible
- Monument Signage
- Outdoor Seating
- Air Conditioning
- Balcony
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5792000T006-A | Total Assessment | $4,205,500 (2025) |
| Land Assessment | $416,300 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $3,789,200 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
5792000T006-A
Land Assessment
$416,300 (2025)
Improvements Assessment
$3,789,200 (2025)
Total Assessment
$4,205,500 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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The Real Estate Center | 1981 E Palmer Wasilla Hwy
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