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801 Ocean Shores Blvd NW
Ocean Shores, WA 98569

Oceanfront Resort | Value-Add Hospitality · Hospitality Property For Sale · 39,500 SF

INVESTMENT HIGHLIGHTS

  • Exceptionally located beachfront hotel in a designated Opportunity Zone in Ocean Shores, one of the top visited cities on the Washington Coast.
  • Rare opportunity to acquire an expansive ocean-view hotel with significant upside through renovating and reopening the property.
  • Well-equipped with an indoor swimming pool and sauna, family game room, outdoor veranda overlooking the ocean, and a manager’s suite.
  • Located on a six-mile-long peninsula with 300 feet of frontage overlooking the Pacific Ocean and access to 23 miles of connected freshwater ways.
  • 801 Ocean Shores Blvd, formerly Sands Resort, features 79 guestrooms and suites with a mix of ocean view, partial view, and courtyard access rooms.
  • Due to the current cost of construction, the property is being offered at a significant discount to replacement cost, accruing long-term value.

PROPERTY FACTS

Sale Condition Auction Sale
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.08 AC
Building Size 39,500 SF
No. Stories 3
Year Built/Renovated 1976/2000
Parking Ratio 2.28/1,000 SF
Corridor Exterior

AMENITIES

  • Pool
  • High Speed Internet Access
  • Patio
  • Beach (direct access)
  • Meeting Event Space
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Multi-Room Suites

PROPERTY TAXES

ZONING

Zoning Code B-1 (Retail/ Commercial)
  • Listing ID: 27178576

  • Date on Market: 11/23/2022

  • Last Updated:

  • Address: 801 Ocean Shores Blvd NW, Ocean Shores, WA 98569