Retail Suite in Established
For Sale
Contact for pricing
4-172 W Chance A La Mer Nw, Ocean Shores, WA 98569
Retail suite in an established center, directly beside the Ocean Shores Convention Center with flexible layout and signage exposure.
Property Size1,110 SF
Price / SF$1.62
Days on Market197
Property Features for 4-172 W Chance A La Mer Nw
General Information
Standard status
Active
Size
1,110 SF
Listing Agency:
Premier Realty Grays Harbor
Listed By:
Travis Squires
(360) 533-1900
Source:
Exprealty
Added: Apr 13
Changed: Oct 26
Last Checked: Oct 24 at 8:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Realty Grays Harbor
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail suite (Unit #4) is located at 4-172 W Chance A La Mer NW and offers a flexible layout suitable for retail, office, or service-based businesses. The space is positioned to support customer-facing use, with signage exposure and easy customer access.
The suite sits directly next to the Ocean Shores Convention Center, with consistent activity tied to year-round events and tourism. It is also set within an established retail center with ample nearby parking.
For tenants or buyers looking for a compact, adaptable space in a retail environment with an active events draw, this unit provides a straightforward configuration for a business that benefits from regular public traffic.
The suite sits directly next to the Ocean Shores Convention Center, with consistent activity tied to year-round events and tourism. It is also set within an established retail center with ample nearby parking.
For tenants or buyers looking for a compact, adaptable space in a retail environment with an active events draw, this unit provides a straightforward configuration for a business that benefits from regular public traffic.
Key Highlights
- 1,110 SF retail space available at 172 Chance A La Mer NW, Unit #4
- Located directly beside the Ocean Shores Convention Center
- High‑visibility retail suite in an established retail center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,399
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,980
$268.0K
Cap Rate 7%
$191,414
$191.4K
Cap Rate 9%
$148,878
$148.9K
Market Conditions
NOI Build-Up for 1,110 SF
Gross rent
$20.0K $18.00/SF
− Vacancy
−$839 −$0.76/SF
EGI
$19.1K $17.24/SF
− OpEx
−$5.7K −$5.17/SF
NOI
$13.4K $12.07/SF
Area
Grays Harbor County, WA
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,980
Cap Rate 7%
$191,414
Cap Rate 9%
$148,878
Alternative Uses
Best Use
Retail
$191.4K
$167.5K – $223.3K
NOI $13,399 @ 7.0% cap · market cap 745.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$306.0K
$267.7K – $357.0K
NOI $21,419 @ 7.0% cap · market cap 1,191.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 34%
Dining 30%
Home Improvements & Furnishings 17%
Shops & Services 16%
Ocean Shores IGA
Groceries
18,527 visits/mo
0.1 miles
McDonald's
Dining
11,873 visits/mo
0.1 miles
Buck Electric Ace Hardware
Home Improvements & Furnishings
9,045 visits/mo
0.2 miles
Shell
Shops & Services
7,356 visits/mo
0.1 miles
Pizza Factory
Dining
3,498 visits/mo
0.2 miles
Demographics for 98569, WA
6,964
Population
5,884
Households
1.2
Avg Household Size
62
Median Age
22%
College-Educated
93%
High-School Grad
13.3 sq mi
ZIP Area
524
Density / Sq Mi
$62,772
Median Household Income
$34,182
Median Earnings
$1,177
Median Rent
$373,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail suite in an established center, directly beside the Ocean Shores Convention Center with flexible layout and signage exposure.
Where is this retail space located?
The property is located at 4-172 W Chance A La Mer Nw Ocean Shores, WA.
What are key features of this property?
This property features: 1,110 SF retail space available at 172 Chance A La Mer NW, Unit #4; Located directly beside the Ocean Shores Convention Center; High‑visibility retail suite in an established retail center
