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    Property profile & analytics

    1201 Bay Ave Ocean Park, WA 98640

    • Turn key restaurants
    • 1,912 SF
    • 0.23 lot acres
    For Sale
    View listing
    $475,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-1863481
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1201 Bay Ave

    Year built
    1940
    Lot size
    0.23 lot acres
    Property size
    1,912 SF
    Property type
    Turn key restaurants
    APN
    75016000133
    APU
    75016000133

    Description

    This exceptional investment opportunity presents a unique chance to acquire an established oceanfront restaurant and bar located at 1201 Bay Ave, Ocean Park, WA 98640. The property, built in 1940, boasts a desirable location with stunning Pacific Ocean views. The two-story building offers versatile space, accommodating multi-age dining downstairs and a lively tavern upstairs. A large covered patio provides year-round outdoor seating, enhancing the dining experience. Additional features include a fenced fire pit area perfect for evening gatherings, and a convenient storage shed. Ample parking is available in a large gravel lot, and the beach is just a short stroll away. All kitchen equipment and tables are negotiable as part of the sale or can be purchased separately. The property is zoned CC and is offered at $575,000. This represents a unique opportunity to own a thriving business in a highly sought-after coastal location. The property's strong location and established clientele make it an attractive investment prospect. The sale includes the building and business, offering immediate income potential. Don't miss this chance to own a piece of the Pacific Coast.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ocean Park
    County
    Pacific
    State
    Washington
    Longitude
    -124.053
    Latitude
    46.4918

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,530
    $115,500
    $237,800
    $353,300
    -
    $115,500
    $237,800
    $353,300

    Comparable in this City

    • Value Estimation
      $340,000
      4,196 SF

      3310 273rd St

      RESTAURANT • 4,196 SF
      3310 273rd St, Ocean Park, WA 98640
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    • Value Estimation
      $340,000
      1,296 SF

      1517 Bay Ave

      RESTAURANT • 1,296 SF
      1517 Bay Ave, Ocean Park, WA 98640
      View Details
    • Value Estimation
      $385,000
      2,640 SF

      21712 Pacific Way

      RESTAURANT • 2,640 SF
      21712 Pacific Way, Ocean Park, WA 98640-3220
      View Details
    • Value Estimation
      $390,000
      840 SF

      1311 Bay Ave

      RESTAURANT • 840 SF
      1311 Bay Ave, Ocean Park, WA 98640
      View Details
    • Value Estimation
      $365,000
      2,100 SF

      1410 260th Pl

      RESTAURANT • 2,100 SF
      1410 260th Pl, Ocean Park, WA 98640
      View Details
    • Value Estimation
      $335,000
      3,164 SF

      1414 Bay Ave

      BAR, TAVERN • 3,164 SF
      1414 Bay Ave, Ocean Park, WA 98640
      View Details

    Similar Nearby for Sale

    • $475,000

      Ocean Park Restaurant/Bar with Views

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      Vacant Lots in Pacific County

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    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
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