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Active · Commercial Sale

798 Ocean Shores Boulevard NW, Ocean Shores, WA 98569

Ocean Shores, WA 98569

$995,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Windermere R.E. Ocean Shores · MLS #2377439 · Active

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About this property

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.

Property details

Property type
Commercial Industrial
Year built
1961
Lot size
10,019 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$2,881 (2024)
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team