This Property is no longer advertised on Showcase.com.
Off Market
1/13

639 Point Brown Ave
Ocean Shores, WA 98569


HIGHLIGHTS

  • Only theater in area
  • Room to expand for two more screens
  • Retirement and tourist city

OVERVIEW

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.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Ocean Shores Cinema

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

TOTAL BUILDING SIZE

6800

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

090100603200