798 Ocean Shores BLVD NW, Ocean Shores, WA 98569
798 Ocean Shores BLVD NW, Ocean Shores, WA 98569
798 Ocean Shores BLVD NW, Ocean Shores, WA 98569
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Ranjani Ravi

Ranjani Ravi

+1(408) 613-7623
Listed by:Windermere R.E. Ocean Shores • Jim Donahoe
$995,000
Est. payment /mo
10,019 Sqft Lot
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UPDATED:

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

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.

Location

State WA

County Grays Harbor

Area 194 - Ocean Shores

Interior

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, Conventional

Listing Terms Cash, Conventional

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Ranjani Ravi

Ranjani Ravi

+1(408) 613-7623

Managing Broker License ID: 23004133

Managing Broker License ID: 23004133

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