This Hospitality Property is no longer advertised on LoopNet.com.
801 Ocean Shores Blvd NW
Ocean Shores, WA 98569
Oceanfront Resort | Value-Add Hospitality · Hospitality Property For Sale · 39,500 SF
![801 Ocean Shores Blvd NW, Ocean Shores, WA for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/3SNXMyEvKBjD6sMaQwsud1GkSzspWCZdDmqpv79ZGGA/110/801-Ocean-Shores-Blvd-NW-Ocean-Shores-WA-Building-Photo-1-Large.jpg)
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
Parcel Numbers |
Multiple
|
Improvements Assessment | $1,571,971 |
Land Assessment | $750,000 | Total Assessment | $2,321,971 |
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
The Hospitality Property at 801 Ocean Shores Blvd NW, Ocean Shores, WA 98569 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.