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Tim Zhuo

timzre@gmail.com +1(425) 753-3718

Listed by:Windermere R.E. Ocean Shores • Jim Donahoe

$ 995,000

Est. payment | -/mo

10,019 Sqft Lot

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$ 995,000

Est. payment | -/mo

Save

10,019 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Ocean Shores

MLS Listing ID 2377439

Style 60 - Comm Bldg Und 10K

Year Built 1961

Annual Tax Amount $2,881

Lot Size 10,019 Sqft

Lot Dimensions 100 x100 x 76 x 19 x 19 x 74

Property Sub-Type Commercial Industrial

Property Description

Improved pricing with potential owner terms to qualified buyer. Great opportunity for owner/operator. Popular pub in great location across from hotels in Ocean Shores. Current owner has completely updated interior to create a more upscale and clean feel. This is reflected in its growing income. Corner location provides excellent exposure. 2,276 SF on main level for pub. 1,140 SF 2 bd/1 bath apartment on second level, currently vacant and could serve as owner's living space or nightly rental (subject to OS rules and regs). Nearly 8,000 permanent residents and over 3 million annual visitors create a steady demand. 2025 P&L's reflect a 16% CAP rate. No salary was taken, so an adjustment is needed to truly reflect net profit.

Location

State WA

County Grays Harbor

Area 194 - Ocean Shores

Interior

Flooring Ceramic Tile, Concrete, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

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Tim Zhuo

Real Estate Broker, Top 10 2023 and 2024 Bellevue Skyline Properties Producer

timzre@gmail.com

+1(425) 753-3718

50 116th Ave SE Suite 120, Bellevue, WA 98004, USA

798 Ocean Shores BLVD NW Ocean Shores, WA 98569

Tim Zhuo

Key Details

Location

Interior

Exterior

Building

Others

798 Ocean Shores BLVD NW