6-Unit Apartment Building in Downtown Palmer

609 S. Cobb St. Palmer, AK 99645

609 S. Cobb St., Palmer, AK, 99645
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$725,000
Last Verified:
Jul 25, 2024

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Highlights

  • Excellent Location in Downtown Palmer!
  • Repositioning Opportunity to Office Space
  • Easy Accessibility to Glenn Highway
  • Commercial General Zoning

Description

6-unit apartment building for sale in downtown Palmer. Just across the street from the Palmer Post Office and in the heart of the commercial district, this building could be repositioned into an office building for an owner-user or an investor looking for a value-add investment. Current rents are well under market and tenants are month to month. Buyer to verify suitability and feasibility of intended use.

Located in Downtown Palmer, Alaska near the Palmer Post Office. Easily accessible from the Glenn Highway via the stoplight at Dogwood Ave. Surrounded on three sides by professional offices.


Year Built: 1976
Building Size: 6096sq ft
Lot Size: 0.22 acres

Map of 609 S. Cobb St., Palmer, AK, 99645

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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"Incentives" are vital today and in the future because:

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