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798 Ocean Shr Blvd NW Ocean Shores, WA

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For Sale
$1,095,000

Pub with updated interior and potential rental income.

Lot size:
0.23 Acres

Property Features for 798 Ocean Shr Blvd NW

General Information

Lot size
0.23 Acres

Source: Windermere Real Estate/Ocean Shores Agent James Donahoe, CCIM

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


Overview

Ocean Shores Pub with Apartment

This property presents an opportunity for an owner/operator and features a popular pub in a location across from hotels in Ocean Shores. The current owner has updated the interior to create a more upscale feel, which is reflected in its growing income. The corner location provides exposure. The main level comprises 2,276 square feet and is used for the pub. There is also a 1,140 square foot apartment on the second level with 2 bedrooms and 1 bathroom. The upstairs apartment is currently vacant and could serve as an owner's living space or a nightly rental, subject to Ocean Shores rules and regulations. Ocean Shores has nearly 4 million annual visitors, and its population is over 7,000 permanent residents.
Location Intelligence

Current Use by Public Records

Pubs

Map

City
Ocean Shores
County
Grays Harbor
State
Washington
Longitude
-124.154
Latitude
46.9704

FAQs

What type of property is this?
Pub - Pub with updated interior and potential rental income.
Where is this pub located?
The property is located at 798 Ocean Shr Blvd NW Ocean Shores, WA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: - High CAP rate of 10.35%; - Prime location across from hotels in a popular tourist destination (Ocean Shores); - Completely updated interior creating an upscale feel
More about this property
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