24706 E Wellesley Ave

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24706 E Wellesley Ave

Otis Orchards, WA 99027
Asking Price
$795K
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Live-Work Opportunity: Established Restaurant with Residence <ul><li>​1.01 acre commercial property offering significant flexibility of use in the near term, and healthy long term upside potential.</li><li>​35+ year established restaurant destination with strong local recognition and customer awareness (No value has been given to the business. FF&E available separately).</li><li>​Regional Commercial zoning supports a broad range of commercial and redevelopment opportunities.</li><li>​Five existing structures on-site including a restaurant, residence, dry

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NOI
$80,000
Cap Rate
10.06%
DSCR
1.69
Strong
Cash-on-Cash
13.75%
Monthly Payment
$3,933.226
Annual Cash Flow
$32,801.285

Location & Travel Times