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Positioned along N Palmer Fishhook Rd, this 1.48-acre commercial investment opportunity offers immediate income with long-term upside in one of the Mat-Su Valley's emerging growth corridors. The property features five fully leased commercial units, including a well-constructed triplex completed in 2022, designed as the centerpiece with capacity in both the lot and septic system for an additional building of similar size. Two additional income-producing structures--a coffee hut and a standalone office with an established shed sales lot--add diversity to the revenue stream. Tenants pay their own utilities, and the property is supported by a 15-camera remote CCTV system, outdoor power access for seasonal décor at each unit, and a heated sidewalk enhancing year-round accessibility.The grounds are thoughtfully maintained with a fenced grassy picnic area, complete with tables and umbrellas stored in a 20' Connex included in the sale, creating a welcoming environment for tenants and customers alike. This is a turnkey asset with expansion potential, built with care and positioned for future growth as the surrounding area continues to develop. Sellers are retiring, presenting a rare opportunity to step into a stabilized investment with room to scale. Optional purchase of the final cabin on the sales lot is available for $25,000. Priced at $957,000, this is an ideal acquisition for a forward-thinking investor ready to capitalize on both current cash flow and future development. Opportunities like this are limited--schedule your showing and secure your position in this growing market today.
Property Type(s):
Commercial
| Last Updated | 5/8/2026 | Year Built | 2022 |
|---|---|---|---|
| Community | 1D - Matanuska Susitna Borough |
Additional Details
| AREA | 1D - Matanuska Susitna Borough |
|---|---|
| LOT | 1.48 acre(s) |
| LOT DIMENSIONS | 1.0 |
| SEWER | Septic Tank |
| WATER | Private, Well |
Listing Office: My Favorite Realty LLC
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 Petersburg Properties LLC are marked with either the listing brokerage’s logo or 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.
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This IDX solution is (c) Diverse Solutions 2026.
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