801 Ocean Shores Blvd NW | Ocean Shores, WA 98569
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- LoopNet Team
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 Conditions | Auction Sale | Building Size | 39,500 SF |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1976 |
| Building Class | B | Parking Ratio | 2.28/1,000 SF |
| Lot Size | 2.08 AC | Corridor | Exterior |
| Sale Conditions | 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 | 1976 |
| 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 | Improvements Assessment | $1,571,971 | |
| Land Assessment | $750,000 | Total Assessment | $2,321,971 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$750,000
Improvements Assessment
$1,571,971
Total Assessment
$2,321,971
zoning
| Zoning Code | B-1 (Retail/ Commercial) |
| B-1 (Retail/ Commercial) |
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