1060 W Airway CIR, Wasilla, AK 99654
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1060 W Airway CIR, Wasilla, AK 99654
1060 W Airway CIR, Wasilla, AK 99654
1060 W Airway CIR, Wasilla, AK 99654
1060 W Airway CIR, Wasilla, AK 99654
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1060 W Airway CIR Wasilla, AK 99654

3,446 SqFt


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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,446 sqft

Price per Sqft $188

MLS Listing ID 26-10513

Construction Status Existing Structure

Year Built 1977

Annual Tax Amount $3,530

Lot Size 0.940 Acres

Acres 0.94

Source Alaska Multiple Listing Service

Property Description

Extremely unique opportunity combining Parks Highway frontage, commercial potential, existing residential income, shop space, and future development possibilities all on one property. Located within an established neighborhood, this parcel has been specifically amended through the CCRs to allow commercial use along the lower Parks Highway frontage, as well as subdivision potential contingent upon required utility hookups. City water and sewer are currently located at the adjacent property, creating an exciting opportunity for a buyer looking to further develop the site.

The lower portion of the property offers excellent Parks Highway exposure and visibility with a variety of potential commercial applications. Utilize the existing improvements while exploring development of the highway frontage, subdivision, or a combination of residential and commercial uses.

The upper portion of the property is already improved and provides immediate income-producing potential. Improvements include a top/bottom duplex, a separate 1-bedroom/1-bath apartment above a two-car garage, and a detached high-bay garage/shop.

The upper duplex unit offers 2 bedrooms and 1.5 bathrooms and received new flooring, appliances, and paint touch-ups in 2026. The lower unit offers 1 bedroom, 1 bathroom, an additional office, walkout patio, and gas fireplace. This unit underwent an extensive remodel in 2026, including new plumbing, electrical, sheetrock, flooring, appliances, and paint.

The separate 1-bedroom/1-bath apartment is located above a two-car garage and is currently rented month-to-month. The detached high-bay shop provides additional space for storage, equipment, business use, or potential rental income, subject to applicable requirements.

This is a well-cared-for property that offers something difficult to replicate: existing residential improvements and income potential today, substantial garage/shop space, Parks Highway exposure, CCR allowances for commercial use of the lower portion, and the potential for future subdivision and development. An exceptional opportunity for an investor, developer, business owner, or buyer looking for a property with multiple potential revenue streams and long-term upside.

Location

State AK

Area Wa - Wasilla

Zoning C - Commercial (re: Cities Wasilla/Houston)

Direction Parks to Lucas, right on Nelson, right on Airway. Parks frontage is at the end of commercial drive.

Interior

Heating Natural Gas

Flooring Carpet, Luxury Vinyl, Vinyl

Exterior

Water Access Desc Well

View Mountains

Roof Type Metal,Bitumen/Torch Down,Rubber

Accessibility , Paved, Maintained

Building

Foundation Slab

Lot Size Range 0.94

Sewer Crib, Septic Tank

Water Well

New Construction No

Construction Status Existing Structure

Others

Tax ID 51108B02L039


Alaska MLS
Listed by Signature Real Estate Alaska
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1060 W Airway CIR