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991 S Hermon Road, Wasilla, Alaska

$2,300,000
  • $2,300,000
  • 13,860
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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!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%. Add to all this the INCREDIBLE mountain views and you just cannot beat this phenomenal investment opportunity!

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Essential Information

  • MLS® # 19-17675
  • Price $2,300,000
  • Square Footage 13,860
  • Acres 1.25
  • Type Commercial Property
  • Style Mixed Use
  • Status Active

Community Information

Amenities

  • Features DSL/Cable Available, In City Limits, Mall, Master Meter - Elec, Master Meter - Gas, On-Site Parking, Restroom(s)-Private
  • View Mountains

Interior

  • Heating Forced Air

Exterior

  • Exterior Wood
  • Roof Hot Mop Asphalt
  • Construction Wood Frame
  • Foundation Poured Concrete

Additional Information

  • Date Listed October 25th, 2019
  • Days on Market 212
  • Zoning UNK - Unknown (re: all MSB)

Listing Details

  • Listing Office: 360 N. Realty LLC

Financials

  • $/SqFt $166

Price & Status History

Date Details
Status Changed from Expired to Active
Status Changed from Active to Expired

Neighborhood Information

Stable Population, Moderate Residential Turnover, Coastal Area, Suburb of Anchorage

  • Icon of money $685,000

    Median Price

  • Icon of a grid layout $144

    Median Price/Sqft

  • Icon of a bar graph 99.30%

    Sale/List Ratio

  • Icon of a house 881

    # of Homes SoldWithin the Last Year

  • Icon of a person walking 32/100

    Walk Score®Car-Dependent

  • Icon of a raincloud 19.35″

    Annual Precipitation

  • Icon of a sun 23.30°F /65.80°F

    Avg. Highs -
    Jan/July

  • Icon of a cloud and moon 9.30°F /47.90°F

    Avg. Lows -
    Jan/July

  • Icon of a group of people 57,287

    PopulationBased on Nearest ZIP Code

  • Icon of a person 35

    Median Age

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Listing information last updated on May 26th, 2020 at 4:49am AKDT.