Listing provided courtesy of Torre RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2255736
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Request Info686 Ocean Shores Boulevard NWOcean Shores, WA 98569
Commercial · 0.46 Acres$2,445,000
Active
686 Ocean Shores Boulevard NW Overview
- Visits:
- 15
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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686 Ocean Shores Boulevard NW Facts & Features
- Type Commercial
- Lot 0.46 Acres
Details
General
Association/HOA
- Association Fee: $0.00
Income/Expenses
- Other Expense: 351930.22
- Electric Expense: 15130
- Gross Scheduled Income: 548763
- Insurance Expense: 3238
- Net Operating Income: 151140
- Total Expenses: 397623
- Water/Sewer/Garbage: 21700
Building Information
- Year Built: 1965
Location/Region
- Country: US
- County Or Parish: Grays Harbor
- MLS Area Major: 194 - Ocean Shores
- Subdivision Name: Ocean Shores
Tax Information
- Tax Annual Amount: $5,624.78
- Tax Year: 2023
General Information
- Listing Terms: Conventional, Owner Financing
- Parcel Number: 090101200800
- Possible Use: Commercial
- Property Condition: Good
- Property Sub Type: Commercial Industrial
- Property Type: Commercial Sale
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Approximate Building Square Feet: 8903
- Building Area Total: 0
- Building Area Units: Square Feet
- Calculated Square Footage: 0
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate
- Foundation Details: Poured Concrete
- Heating: Yes
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
Exterior
Parking Information
- Open Parking: No
- Parking Total: 20
- Parking Uncovered Total: 20
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.46
- Lot Size Dimensions: 100x198
- Lot Size Square Feet: 20038
- Lot Size Units: Square Feet
- Topography: Level
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Roof: Metal
- Structure Type: Hotel/Motel
General Information
- Carport: No
- Exterior Features: Wood, Wood Products
- Number Of Units Total: 1
- Sewer: Sewer Connected
Unit Information
686 Ocean Shores Boulevard NW Neighborhood
Community
98569 (Ocean Shores) Demographics
62
Median Age
168
Population Density (per sq. mile)
30%
College Educated
$47,399
Estimated Median Income
2,674
Estimated Total Home Owners
739
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.686 Ocean Shores Boulevard NW Monthly Cost
686 Ocean Shores Boulevard NW Market Data
Based on the last 30 days in this zip code
$422,159
Average List Price
$294
Average Price per Square Foot
28
Properties Sold
119
Average Days on Market
354
Properties for Sale
686 Ocean Shores Boulevard NW History
| Date | Value | Agent |
|---|---|---|
| 2/5/2026Source: NWMLS | $2,445,000 -0.2% |
|
| 9/3/2025Source: NWMLS | $2,450,000 -2.0% |
|
| 5/26/2025Source: NWMLS | $2,499,000 -2.0% |
|
| 4/27/2025Source: NWMLS | $2,550,000 -1.5% |
|
| 6/26/2024Source: NWMLS | June 26, 2024 |