Ocean Park Restaurant & Bar | 1201 Bay Ave
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Ocean Park Restaurant & Bar 1201 Bay Ave
1,984 SF Retail Building Ocean Park, WA 98640 $525,000 ($264.62/SF)
EXECUTIVE SUMMARY
Former restaurant and bar available in the heart of Ocean Park, offering stunning Pacific Ocean views. The building is 1,984 SF with covered decks on a 0.23-acre lot and is zoned Community Commercial (CC), providing exceptional flexibility for various ventures. Asking price is $525,000 and Seller Financing available. With existing restaurant and bar infrastructure, excellent visibility, and the potential for mixed-use development—including residential units or vacation rentals— this property is a prime opportunity for retail, restaurant, or residential investors. Its strategic location and versatility make it a perfect canvas for bringing diverse business concepts to life.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,984 SF
Building Class
B
Year Built
1940
Price
$525,000
Price Per SF
$264.62
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
CC
PROPERTY TAXES
| Parcel Number | 75016000133 | Improvements Assessment | $237,800 (2024) |
| Land Assessment | $115,500 (2024) | Total Assessment | $353,300 (2024) |
PROPERTY TAXES
Parcel Number
75016000133
Land Assessment
$115,500 (2024)
Improvements Assessment
$237,800 (2024)
Total Assessment
$353,300 (2024)
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Ocean Park Restaurant & Bar | 1201 Bay Ave
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