Listing Provided Courtesy Of:
Windermere R.E. Ocean Shores

$4,100,000 781 Ocean Shores Blvd Nw Ocean Shores, WA

MLS: 846412   Type: Commercial   County: Grays Harbor   City: Ocean Shores   Neighborhood: Ocean Shores   Zip: 98569   Style: Hotel/Motel  

Mortgage $19,249 /mo



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125 room limited service hotel in the center of Ocean Shores with ocean views. 600 feet ocean view frontage. 4 adjacent motels packaged as Sands Resort. Indoor and outdoor swimming pool. Game room. Decks. New phone and reservation system. New asphalt parking lot. Needs better street appeal and marketing. Price based on GRM of 4.4 times gross for trailing twelve months. Two check-in offices. Walk to retail and Convention Center. Tremendous upside. Large price reduction, however, not a fire sale.

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Price History

9/14/2015 Listed $5,000,000
2/1/2016 18% - $4,100,000

Community Name Ocean Shores
Energy Source Electric, Propane
Heating and Cooling Baseboard, Forced Air
Home Owner Dues 0
Number of Available Pads 0
Water / Sewer / Garbage 0
Water Source Public
Year Built 1965

Interior Features

Approx. Office Square Feet 0
Approximate Whse/Mfg Square Feet 0
Expansion Area N
Floor Covering Vinyl, Wall to Wall Carpet

Exterior Features

Exterior Features Cement/Concrete, Wood
Foundation Slab
Roof Built-Up
Sewer Sewer Connected
Site Frontage 600
Style Hotel/Motel
Total Covered Parking 0
Total Uncovered Parking 0

Property Schools

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Listing Provided Courtesy Of:
Windermere R.E. Ocean Shores

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Property vs Zip Code Avg (98569)

Price 4.10M Avg 940K

Acres 3.82 Avg 0.93

Visits 166 Avg 73

Days on Site 451 Avg 279

Walkscore® 49 Avg 49

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Listing Provided Courtesy Of: Windermere R.E. Ocean Shores

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Location & Address

Burger Professionals
2607 Martin Way E.
Olympia, WA