24706 E Wellesley Ave - Restaurant FOR SALE


Otis Orchards, WA 99027- Otis Orchards-East Farms
$795,000 USD
208-691-6003
24706 E Wellesley Ave, Otis Orchards, WA for Sale
$795,000 USD
Restaurant - FOR SALE
1/20
null | Request Cap Rate

24706 E Wellesley Ave
Otis Orchards, WA 99027
Otis Orchards-East Farms


HIGHLIGHTS

  • 35+ year established restaurant destination with strong local recognition and customer awareness
  • Regional Commercial zoning supports a broad range of commercial and redevelopment opportunities.
  • Five existing structures on-site including a restaurant, residence, dry storage, warehouse, and a small storage building.
  • Mixed-use combining business operations, residential use, and future value-add potential.

OVERVIEW

Unique live-work opportunity featuring a 1.01-acre mixed-use property with an established restaurant, residence, warehouse, and storage buildings. Zoned Regional Commercial (RC), the site offers operational flexibility and long-term investment potential. 35+ year established restaurant destination with strong local recognition and customer awareness (No value has been given to the business. FF&E available separately). Restaurant - 1,440 SF | Built 1955 Manufactured Home - 2,400 SF | Built 1999 Dry Storage - 624 SF | Built 1952 Warehouse - 900 SF

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$552 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,995 SF

ZONING

RC

APN/PARCEL ID

55021.0170

ASK ABOUT THIS PROPERTY

Danny DavisTOK CommercialMore Info
208-691-6003

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Danny DavisTOK CommercialMore Info
208-691-6003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.