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    1201 Bay Ave Ocean Park, WA 98640

    For Sale
    $475,000

    Former restaurant/bar with ocean views, development potential in Ocean Park.

    Lot size:
    0.23 Acres

    Property Features for 1201 Bay Ave

    General Information

    Lot size
    0.23 Acres

    Source: Coldwell Banker Commercial Danforth Agent Dominic Temmel

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

    Overview

    Ocean Park Restaurant/Bar with Views

    Located in Ocean Park, this property previously operated as a restaurant and bar. The 1,984 square foot building includes covered decks and is situated on a 0.23-acre lot. Zoned Community Commercial (CC), the site offers flexibility for various ventures and potential for mixed-use development, including residential units or vacation rentals. The property benefits from existing restaurant and bar infrastructure and excellent visibility. It presents opportunities for retail, restaurant, or residential investors, and is suitable for diverse business concepts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocean Park
    County
    Pacific
    State
    Washington
    Longitude
    -124.052558
    Latitude
    46.4918475

    FAQs

    What type of property is this?
    Bar - Former restaurant/bar with ocean views, development potential in Ocean Park.
    Where is this bar located?
    The property is located at 1201 Bay Ave Ocean Park, WA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Stunning Pacific Ocean views; - Zoned Community Commercial (CC) offering exceptional flexibility for various ventures; - Seller Financing available
    (253) 273-6474
    Request Owner's contact information
    1201 Bay Ave Ocean Park, WA 98640
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    1201 Bay Ave
    Ocean Park, WA 98640
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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
    1201 Bay Ave Ocean Park, WA 98640
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