Property Details
798 Ocean Shores Boulevard NW
Ocean Shores, WA 98569
$995,000
Active
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Property Overview
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.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Grays Harbor
Neighborhood
Ocean Shores
Listed
May 16, 2025
Original Price
$1,195,000
Financial Summary
Cap Rate
9.00%
Net Operating Income
$120,263
Building & Use
Building Sq Ft
3,416
Zoning
Commercial,Retail
Possible Use
Commercial, Retail
Lot Size
10,019 sqft
Year Built
1961
Exterior & Lot
Lot Size
0.23 sqft
Year Built
1961
Exterior Materials
Cement
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Cement/Concrete
Location
City
Ocean Shores
County
Grays Harbor
Coordinates
47.01083, -124.16573
Additional Information
Tax Year
2024
Annual Taxes
$2,881
Possession
Array
Based on information submitted to the MLS GRID as of May 2, 2026 10:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
