639 Point Brown Ave | Ocean Shores, WA 98569
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- LoopNet Team
639 Point Brown Ave
Ocean Shores, WA 98569
Ocean Shores Cinema · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Only theater in area
- Retirement and tourist city
- Room to expand for two more screens
PROPERTY FACTS
Property Type
Retail
Property Subtype
Movie Theater
Building Size
6,800 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.92 AC
Zoning
B1 - Commercial retail
Parking
70 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
203’ on Point Brown Ave NE
AMENITIES
- Bus Line
- Signage
ABOUT 639 POINT BROWN AVE , OCEAN SHORES, WA 98569
Only movie theater from Ocean Shores to Moclips. 3 screens. Potential by 2 screens behind existing building. This is a great opportunity for an owner/operator. Chance to boost revenue with some business improvements and renovations... carpeting, seats and expanded food service. Ocean Shores is growing, both in terms of permanent residents, 6500 plus permanent residents (149 new homes in 2019) and in tourism. Price is based on 7% CAP rate from 2019 revenue. See supplement for financial details.
PROPERTY TAXES
| Parcel Number | 090100603200 | Improvements Assessment | $642,139 |
| Land Assessment | $212,952 | Total Assessment | $855,091 |
PROPERTY TAXES
Parcel Number
090100603200
Land Assessment
$212,952
Improvements Assessment
$642,139
Total Assessment
$855,091
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
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STREET
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