681 Ocean Shores BlvdOcean Shores, WA 98569

For Sale
$4,000,000
40-key oceanside hotel, remodeled 2019

Overview

Added:
Dec 11, 2024
Days on market:
126
The Ocean Shores Resort, located at 681 Ocean Shores Blvd NW, Ocean Shores, WA 98569, presents a compelling investment opportunity. This established hospitality property boasts 40 exterior corridor rooms, all completely remodeled in 2019, offering immediate revenue potential. Situated on a 2.28-acre lot in Grays Harbor County, the resort comprises two buildings, each rising to twelve stories, totaling 13,532 square feet. Built in 1960, the property benefits from recent renovations, ensuring modern amenities and guest comfort. The asking price is $4,000,000, translating to $295.60 per square foot. This represents a strong value proposition in the thriving Ocean Shores market. Owner financing is available, making this an attractive option for investors seeking a flexible acquisition strategy. The resort's prime oceanside location and updated facilities position it for continued success in the competitive hospitality sector. This turnkey operation offers a rare chance to acquire a well-maintained, high-performing hotel with significant upside potential. The property's strong location and recent renovations make it an ideal investment for experienced hospitality operators or those seeking a stable, income-generating asset.

Highlights

  • Ocean Shores Resort, 681 Ocean Shores Blvd NW, Ocean Shores, WA 98569, offers a $4,000,000 investment opportunity.
  • The 13,532 SF property features 40 remodeled rooms.
  • Situated on a 2.28-acre lot, the resort consists of two twelve-story buildings.
  • Built in 1960, the property underwent a complete room remodel in 2019.
  • Owner financing is available.

Property Details for 681 Ocean Shores Blvd

Property type
Hospitality properties, Hotels
Square Feet
13,532 SF
Year Built/Renovated
1960/2019
Buildings
2
Stories
12
Lot Size (sq. ft)
99,317 SF

Location Insight

City
Ocean Shores
County
Grays Harbor
State
Washington
Latitude
47.005248785933
Longitude
-124.16633779581
681 Ocean Shores Blvd, Ocean Shores, Washington

FAQs

What type of property is this?
Hospitality property - 40-key oceanside hotel, remodeled 2019
Where is the hospitality property located?
The property is located at 681 Ocean Shores Blvd Ocean Shores, WA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Ocean Shores Resort, 681 Ocean Shores Blvd NW, Ocean Shores, WA 98569, offers a $4,000,000 investment opportunity.; The 13,532 SF property features 40 remodeled rooms.; Situated on a 2.28-acre lot, the resort consists of two twelve-story buildings.
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681 Ocean Shores Blvd
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