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    101 E Chance A La Mer Ocean Shores, WA 98569

    For Sale
    Contact for pricing

    10.45 acre commercial development site in Ocean Shores, Washington.

    Lot size:
    10.45 Acres

    Property Features for 101 E Chance A La Mer

    General Information

    Lot size
    10.45 Acres

    Source: Jones Lang LaSalle Agent Michelle Renati

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ocean Shores Development Opportunity

    Chance Point is a 10.45-acre development site located at the intersection of Chance a la Mer and Point Brown Ave in Ocean Shores, Washington. Situated in the heart of the business district, this property benefits from its proximity to the Pacific Ocean and Grays Harbor. The B-1 Commercial zoning provides flexibility for development, capitalizing on Ocean Shores' popularity as a coastal retreat. The site offers visibility to both year-round residents and seasonal tourists. Minutes from beaches, recreational areas, and natural areas, the property benefits from year-round visitor traffic. Currently, the property includes a pizza restaurant, a shopping center, and a market, generating established income streams. This property offers development potential in a vibrant beach community.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean Shores
    County
    Grays Harbor
    State
    Washington
    Longitude
    -124.163462
    Latitude
    47.007246

    Nearby Similar for Sale

    • $1,095,000

      Ocean Shores Pub with Apartment

      Pub with updated interior and potential rental income.
      798 Ocean Shr Blvd NW, Ocean Shores, WA
      View Details
    • $995,000
      13,094 SF

      Established Restaurant with Potential

      Ocean Shores restaurant with apartment and income potential.
      857 Point Brown Ave, Ocean Shores, WA 98569
      View Details

    FAQs

    What type of property is this?
    Commercial land - 10.45 acre commercial development site in Ocean Shores, Washington.
    Where is this commercial land located?
    The property is located at 101 E Chance A La Mer Ocean Shores, WA.
    What are key features of this property?
    This property features: - 10.45 acres of prime real estate in the heart of the business district of Ocean Shores, Washington.; - Versatile B-1 Commercial zoning unlocks incredible flexibility for development.; - Robust established income streams from existing businesses (pizza restaurant, shopping center, market).
    (206) 607-1700
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    101 E Chance A La Mer Ocean Shores, WA 98569
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    Ocean Shores, WA 98569
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 E Chance A La Mer Ocean Shores, WA 98569
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