Ocean Shores, WA 98569 686 Ocean Shores Boulevard NW
$2,450,000
20 more
Presented By: Torre Realty and NWMLS
- MLS# 2255736
- 06/26/2024
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
Exceptional Investment Opportunity: Wanderlust Inn, a prime 16-room hotel located just a block from the beach in the heart of Ocean Shores. This recently remodeled property features 13 stylish hotel rooms and 3 luxurious suites with full kitchens and high-end amenities such as a pool table, 70″ TV, and a jetted tub. With excellent reviews and established operations, it’s a turnkey business ready for you to step in and succeed.It includes top of the line security system and a state-of-the-art brand new commercial laundry room with UniMac equipment (10 machines) valued at over $350,000, capable of servicing 50+ rooms daily. Don’t miss your chance to own this thriving business in a sought-after destination!possible seller financing at 50% down
Presented By: Torre Realty and NWMLS
Interior Features for 686 Ocean Shores Boulevard NW
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
General for 686 Ocean Shores Boulevard NW
Building Area UnitsSquare Feet
Building FeaturesSignage Included
Cap Rate8
Carport Y/NNo
CityOcean Shores
CoolingNone
CountyGrays Harbor
DirectionsFollow Ocean Shores Blvd S, property is on the left side
Electric Expense15130
HOANo
HOA Fee$
HeatingBaseboard
Insurance Expense3238
Listing TermsConventional, Owner Financing
Lot Size Square Feet20038
Lot Size UnitsSquare Feet
MLS Area194 – Ocean Shores
ModificationTimestamp2025-09-04T03:43:10.628Z
NWM_ShowMapLinkY
Net Operating Income151140
Number Of Units Total1
PossessionClosing
Possible UseCommercial
Property ConditionGood
Property Style64 – Hotel/Motel
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksExceptional Investment Opportunity: Wanderlust Inn, a prime 16-room hotel located just a block from the beach in the heart of Ocean Shores. This recently remodeled property features 13 stylish hotel r
RoofMetal
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeHotel/Motel
Subdivision NameOcean Shores
Tax Annual Amount5624.78
Tax Year2023
TopographyLevel
Total Actual Rent45000
Water CompanyCity of Ocean Shores
Water Sewer Garbage21700
Year Built1965
Zoning DescriptionCommercial
Exterior for 686 Ocean Shores Boulevard NW
Building Area Total
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions100×198
Lot Number8
Lot Size Acres0.46
Parking Uncovered Total20
Total Parking20
Water SourcePublic
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®