Live-Work Opportunity: Established Restaurant with Residence

24706 E Wellesley Ave, Otis Orchards, WA 99027

Property Information

  • For Sale $795,000
  • Property Type Retail - Restaurant
  • Property Size 5,364 SF
  • Lot Size 1.01 Acre
  • Date Updated Jun 10, 2026

Description

Located in Otis Orchards just minutes from I-90 and Liberty Lake, this property offers convenient access to Spokane Valley, Coeur d'Alene, and the greater Spokane-Coeur d'Alene market.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.

Highlights

  • 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).
  • Five existing structures on-site including a restaurant, residence, dry storage, warehouse, and a small storage building.
  • Rare mixed-use investment opportunity combining business operations, residential use, and future value-add potential.
  • Regional Commercial zoning supports a broad range of commercial and redevelopment opportunities.

Contacts

Location

Located at 24706 E Wellesley Ave, Otis Orchards, WA 99027, this property is part of the Otis Orchards-East Farms neighborhood and Spokane market.

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