798 Ocean Shores Boulevard NW, Ocean Shores, WA 98569
Courtesy of Windermere R.E. Ocean Shores
- $995,000
- List Price
- $995,000
- Status
- ACTIVE
- Days on Market
- 484
- Price Change
- ▼ $100,000 1770095779
- MLS#
- 2377439
- Subtype
- Commercial Sale
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1961
- Lot Size
- 10,019
- Acres
- 0.23
- Subdivision
- Ocean Shores
- Neighborhood
- Ocean Shores
- MLS Area Major
- Ocean Shores
Property Description
Improved pricing with potential owner terms to qualified buyer. 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. 1,140 SF 2 bd/1 bath apartment on second level, currently vacant and could serve as owner's living space or nightly rental (subject to OS rules and regs). Nearly 8,000 permanent residents and over 3 million annual visitors create a steady demand. 2025 P&L's reflect a 16% CAP rate. No salary was taken, so an adjustment is needed to truly reflect net profit.
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Additional Information
- Exterior Features
- Cement/Concrete
- Property Description
- 60 - Comm Bldg Und 10K
- Flooring
- Ceramic Tile, Concrete, Vinyl, Carpet
- Heating
- Baseboard, Stove/Free Standing, Wall Furnace
- Roof
- Composition
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