24706 E Wellesley Ave, Otis Orchards, WA 99027

$795,000
1,440
SqFt

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List Price
$795,000
MLS#
202618960
Status
ACTIVE
City
Otis Orchards
Acres
1.01
Living Area
1,440

Property Description

1.01 acre commercial property offering significant flexibility of use in the near term, and healthy long term upside 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). Regional Commercial zoning supports a broad range of commercial and redevelopment opportunities. Five existing structures on-site including a 1,440 SF restaurant, 2,400 SF residence, 624 SF dry storage, 900 SF warehouse, and a small storage building. Rare mixed-use investment opportunity combining business operations, residential use, and future value-add potential.

Additional Information

Year Built
1955
School District
East Valley
Frontage
City Street, Paved Road
Area/Grid
Otis Orchards & E of Sullivan
MLS Area/Grid#
A142/086
Acres MOL
1.01
Lot Size
43,996
Basement
Slab
Heating/Cooling
Electric, Forced Air, Heat Pump, Ductless

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Calculator source: Real Geeks

Listing courtesy of SARMLS / TOK Inland Northwest LLC

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.