686 Ocean Shores Boulevard NW Ocean Shores, WA $ 2,450,000
686 Ocean Shores Boulevard NW
$ 2,450,000
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686 Ocean Shores Boulevard NW

Ocean Shores, WA, 98569
$ 2,450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 15,285

Listed by Torre Realty
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Commercial Property for sale in Ocean Shores, WA

for $2,450,000. This building was built in 1965 on a lot size of 0.46.

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

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Commercial Active

Price

$ 2,450,000

Property Type

Commercial

Taxes

$ 5,624

Style

Hotel/Motel

Lot Size

0.46

Year Built

1965

Town/City

Ocean Shores

County/Region

Grays Harbor

MLS | Web ID

2255736

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Metal
HOA Fee 0
Year Built 1965
Topography Level
Property Subtype Commercial Industrial
Tax Year 2023
County Grays Harbor
Net Operating Income 151140
Insurance Expense 3238
Property Type Commercial Sale
HOA N
Subdivision Name Ocean Shores
Possible Use Commercial
Building Features Signage Included
Special Listing Conditions None
Status Active
Directions Follow Ocean Shores Blvd S property is on the left side
City Ocean Shores
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 1
MLS Area 194 - Ocean Shores
Lot Size Units Square Feet
Lot Size Square Feet 20038
Carport Y/N N
Listing Terms Conventional Owner Financing
Tax Annual Amount 5624.78
Electric Expense 15130
Property Condition Good
Public Remarks 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 r
Structure Type Hotel/Motel
Building Area Units Square Feet
Standard Status Active
Water Company City of Ocean Shores
Total Actual Rent 45000
Water Sewer Garbage 21700
Property Style 64 - Hotel/Motel
Cap Rate 8
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Exterior
Exterior Amenities Wood Wood Products
Water Source Public
Total Parking 20
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions 100x198
Lot Size Acres 0.46
Irrigation Water Rights Y/N N
Parking Uncovered Total 20
Lot Number 8
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Interior
Flooring Laminate
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2255736
Street Number 1 686
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* Excluded Features
List By
Elena Pike

Listing Agent

Torre Realty

Broker

Affordability Calculator

$15,753
Per Month
97%
3%
0%
Monthly Principal & Interest
$15,285
Monthly Property Taxes
$469
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2025$2,450,000 -1.96% Price Down
5/26/2025$2,499,000 -2.00% Price Down
4/28/2025$2,550,000 -1.54% Price Down
6/26/2024$2,590,000 Listed Price

Map


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686 Ocean Shores Boulevard NW, Ocean Shores, WA, 98569 is a Commercial Property for sale at $2,450,000 with a lot size of 0.46. 686 Ocean Shores Boulevard NW was built in 1965. The property's zip code is 98569 which is in Ocean Shores, WA