681 Ocean Shores Blvd Ocean Shores, WA 98569

Commercial-Other MLS #: 1535559 Listed By CENTURY 21 Northwest Realty

$2,999,950

13,532 sq ft
 
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Property Description

This Is An Incredible Investment Opportunity!21% Cap Rate Based On A 20% Vacancy Rate And Proforma Done In Accordance With The Surrounding Properties In Ocean Shores!This Gorgeous Ocean Front Property Has A Total Of 41 Units,19 Street Side Units,19 Ocean Front Units And In The Office Building,2 Queen Kitchenette Suites And A 2 Bedroom Kitchenette Suite For The Owner/Manager!This Incredibly Beautiful Remodel Has Been Done With All Of The Most Innovative Current Touches And Colors!

Features

  • Building Area: 13532.00 SF
  • Cross Docks: N
  • For Auction: N
  • Heating - Fuel Type: Electric
  • Lot Description: Level
  • Lot Size In Text: 39204 Sq. Ft.
  • MLSID: 1535559
  • Parking Places: 0
  • Price Upon Request: N
  • Property Use: Rental or Investment
  • Roof: Composition Shingle
  • Style: Other Style
  • Sublease: N
  • Year Built: 1960
  • Zoning: City

98569 (Ocean Shores, WA)

Take a closer look

Closest Airport
Seattle-Tacoma International
Closest College
EVERGREEN STATE COLLEGE
Closest Major Sports Team
TACOMA RAINIERS (AAA)
Closest Junior College
GRAYS HARBOR COLLEGE

Demographic Data | 98569 (Ocean Shores, WA)

Vacant Dwellings: 2,136
Owner Occupied Dwellings: 2,098

Ethnic Background

90% White
1% African American
3% American Indian
0% Native Islander
2% Asian
3% Multiple Types
1% Other
Total Population: 5,835
Population per Sq. Mile: 398
Population Change Since 2000: 45.49%
Households w/Children: 325
Median Age: 60
Household Income: 54,546K