Back to Search

Prime Ocean Shores Commercial Property

711 Point Brown Avenue Nw Ocean Shores, WA 98569

711 Point Brown Avenue Nw, Ocean Shores, WA, 98569

$895,000

For Sale

$895,000

Office/retail property with high potential in downtown Ocean Shores.

Property Size4,416 SF

Lot Size0.46 Acres

Price / SF$202.67

AddedApr 22

Days on Market86

Last RefreshJul 14 at 6:58 am

Property Features for 711 Point Brown Avenue Nw

General Information

Standard status: Active
Size: 4,416 SF
Lot size: 0.46 Acres

Listing office John L. Scott Ocean Shores

Listing date Apr 22, 2026

Source Exprealty

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 John L. Scott Ocean Shores

Investment Insights

Based on property information with market context.

This commercial property is located at a main street intersection in downtown Ocean Shores, adjacent to McDonalds and backing up to the Ocean Shores Convention Center. The property, zoned B-1 retail business, features access from two streets and comprises a 20,000 sqft parcel. The site includes a two-story office building that houses John L Scott Real Estate, a tenant of 48 years. The building contains 18 ground-floor offices and a lobby, totaling 3,536 sqft, along with a large 880 sqft upper-floor conference room and storage area. The office space is currently underutilized, with approximately 50% occupancy, presenting a high potential for additional tenants. The property also offers a vast area for parking or expansion. There are two entrances to the building. An adjacent 20,000 sqft lot is also available. The east 60-foot portion of the land has a coffee stand tenant providing income.

Key Highlights

Prime Main Street intersection location, adjacent to McDonalds in downtown Ocean Shores.
Largest available parcel (20,000 sqft) in downtown Ocean Shores with access from 2 streets.
Zoned B‑1 retail business with vast area for parking or expansion.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$106.0k	$24.00
− Vacancy	−$23.3k	−$5.28
EGI	$82.7k	$18.72
− OpEx	−$20.7k	−$4.68
NOI	$62.0k	$14.04

4,416 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$885.7K

$775.0K – $1.03M (±1% cap)

NOI $62,001 @ 7.0% cap · market cap 6.93%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.22M

$1.07M – $1.42M (±1% cap)

NOI $85,211 @ 7.0% cap · market cap 9.52%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Similar For Sale Nearby

$695,000

13,094 SF

Established Restaurant with Potential

Ocean Shores restaurant with apartment and income potential.

857 Point Brown Ave, Ocean Shores, WA

View Details
$995,000

Ocean Shores Pub with Apartment

Pub with updated interior and potential rental income.

798 Ocean Shores Blvd NW, Ocean Shores, WA

View Details

For sale
Office buildings
WA
Ocean Shores
98569
711 Point Brown Avenue Nw

What type of property is this?

Office building - Office/retail property with high potential in downtown Ocean Shores.

Where is this office building located?

The property is located at 711 Point Brown Avenue Nw Ocean Shores, WA.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: Prime Main Street intersection location, adjacent to McDonalds in downtown Ocean Shores.; Largest available parcel (20,000 sqft) in downtown Ocean Shores with access from 2 streets.; Zoned B‑1 retail business with vast area for parking or expansion.