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Listed by Windermere R.E. Ocean Shores
$1,195,000
Est. payment /mo
10,019 Sqft Lot
Active
798 Ocean Shores BLVD NW Ocean Shores, WA 98569
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Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Ocean Shores
MLS Listing ID 2377439
Style 60 - Comm Bldg Und 10K
Year Built 1961
Annual Tax Amount $2,881
Lot Size 10,019 Sqft
Lot Dimensions 100 x100 x 76 x 19 x 19 x 74
Property Sub-Type Commercial Industrial
Property Description
Great opportunity for owner/operator. Popular pub in great location across from hotels in Ocean Shores. Current owner has completely updated interior to create a more upscale and clean feel. This is reflected in its growing income. Corner location provides excellent exposure. 2,276 SF on main level for pub. There is a 1,140 SF 2 bd/1 bath apartment on second level. Currently upstairs apartment is vacant and could serve as owner's living space or nightly rental (subject to OS rules and regs). Price is based on a 10.35% CAP rate. Ocean Shores has nearly 4 million annual visitors and its population is growing... now over 7,000 permanent residents.
Location
State WA
County Grays Harbor
Area 194 - Ocean Shores
Interior
Interior Features Ceramic Tile, Concrete
Flooring Ceramic Tile, Concrete, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.