698 Ocean Shores Blvd NW | Ocean Shores, WA 98569
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- LoopNet Team
698 Ocean Shores Blvd NW
Ocean Shores, WA 98569
Driftwood Plaza · Retail Property For Sale
Investment Highlights
- EXCELLENT RETAIL LOCATION situated in the heart of Ocean Shores’ main retail corridor. The property at the main entrance to Ocean Shores Beach and is
- IN-PLACE LEASES have annual rent increases of 2.5%, ensuring steady and predictable cash flow.
- 1ST TIME on market in 20 years and priced well below replacement cost
- LOCATED in an Opportunity Zone Investment Area.
- POTENTIAL to increase NOI $30k by converting tenants to NNN leases
- ABUNDANCE of rare on-site parking and features an end cap drive thru.
PROPERTY FACTS
Property Type
Retail
Building Size
15,306 SF
Building Class
C
Year Built
1989
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.92 AC
PROPERTY TAXES
| Parcel Number | 090101200200 | Improvements Assessment | $2,105,781 |
| Land Assessment | $433,760 | Total Assessment | $2,539,540 |
PROPERTY TAXES
Parcel Number
090101200200
Land Assessment
$433,760
Improvements Assessment
$2,105,781
Total Assessment
$2,539,540
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