Ocean Shores, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Ocean Shores, Washington Market population: 6K. Explore income-producing properties with verified cap rates and...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Ocean Shores WA Properties: 0.8700%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Ocean Shores WA
Common questions from investors exploring commercial real estate in Ocean Shores WA.
What's the overall investment outlook for Ocean Shores, WA, considering its demographics and economy?
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With a median age of 59.4 and a relatively low poverty rate of 12.2%, Ocean Shores presents a stable market, further supported by its high health insurance coverage of 95.6% and a strong employment base in industries like Accommodation & Food Services and Retail Trade, indicating a reliable tenant pool.
How does the ethnic diversity and foreign-born rate impact the demand for housing in Ocean Shores?
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The city's ethnic diversity, led by a predominant White population (92.6%) and a low foreign-born rate of 2.6%, suggests a relatively homogeneous community, which, combined with its top industries and high homeownership rate of 83.2%, may indicate a stable but potentially slower-growing housing market.
What are the implications of the commute time and health insurance rate for real estate investors in Ocean Shores?
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The average commute time of 20.4 minutes, primarily driven by individuals who drive alone (74.1%) or work from home (14.5%), along with a high health insurance coverage rate of 95.6%, points to a quality of life that supports employment stability and, by extension, rental income reliability, making it an attractive consideration for investors.
How do the median property value and property taxes influence the investment potential in Ocean Shores?
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With a median property value of $233,400 and median property taxes of $2,445, Ocean Shores offers a relatively balanced investment landscape, especially when considering the city's median household income of $44,583 and poverty rate of 12.2%, suggesting that while property values are substantial, the economic fundamentals support a viable rental market.
What role does the GINI coefficient and unemployment rate play in assessing the investment risk in Ocean Shores?
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The GINI coefficient of 0.413, indicating a moderate level of income inequality, coupled with an unemployment rate of 4.5%, suggests that while there are economic challenges, the overall investment environment in Ocean Shores is characterized by a degree of stability, particularly when viewed through the lens of its diverse top industries, including Accommodation & Food Services and Public Administration.
Ocean Shores WA Real Estate & City Facts
Key facts and real estate information about Ocean Shores WA.
What are some of the best neighborhoods to live in Ocean Shores?
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Some of the best neighborhoods to live in Ocean Shores include the southeast parts of the city, which tend to be more desirable, and the south regions, which offer more affordable homes. Neighborhoods like Galway Bay and Oyhut Bay are also popular, with amenities like restaurants, shops, and access to the beach.
What are some fun things to do in Ocean Shores?
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Ocean Shores offers a variety of activities, including visiting the beach, flying kites, building sandcastles, and exploring the town's many shops and restaurants. You can also go golfing, biking, or horseback riding, or visit attractions like the Ocean Shores Kites store and the Galway Bay Irish Pub. For families, there are activities like mini golf, bumper boats, and arcades.
What is the food scene like in Ocean Shores?
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The food scene in Ocean Shores is diverse and offers a range of options, from fresh seafood to locally sourced produce. You can find restaurants serving everything from seafood to Mexican food to Irish cuisine. Some popular restaurants include Bennett's Fish Shack, Oyhut Bay Grill, and Galway Bay Irish Pub, which offer a variety of dishes like seafood, steaks, and pub fare. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Ocean Shores?
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The pros of living in Ocean Shores include its beautiful beaches, outdoor recreational opportunities, and a relaxed, small-town atmosphere. However, some cons include the town's remote location, limited job opportunities, and a relatively high cost of living. Additionally, the town can be quite touristy during peak season, which may be a drawback for some residents. Overall, Ocean Shores is a great place to live for those who value a laid-back, coastal lifestyle and are willing to trade off some amenities for a more relaxed pace of life.
Is Ocean Shores a good place to live?
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Ocean Shores can be a great place to live for the right person. It offers a unique blend of natural beauty, outdoor recreation, and small-town charm, making it an attractive option for those who value a relaxed, coastal lifestyle. However, it may not be the best fit for everyone, particularly those who require a more urban environment or a wider range of job opportunities. Ultimately, whether Ocean Shores is a good place to live depends on your individual priorities and preferences.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Ocean Shores WA Commercial Property: $44,583
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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