Hotel for sale with development opportunities

491 Damon Rd, Ocean Shores, WA

$16,800,000

Price

Mixed Use

Development Type

74,216 sqft

Building Size

Overview
Development Type
Mixed Use
Building Size
74,216 sqft
Lot Area
108,900 sqft
Permits
No
Year Last Renovated
2018
Floor
4
Investment Strategy
Opportunistic
Description

Located in Ocean Shores, Best Western Lighthouse Suite Inn is the best and greatest hotel there. This all-suites Washington state hotel offers beautiful ocean views and easy access to your beach getaway! Chance A La Mer State Park and Ocean Shores Golf Course are worth checking out, while those wishing to experience the area's natural beauty can explore Ocean Shores Beach and Oyhut State Park. Pacific Paradise Family Fun Center and Playtime Family Fun will be a great option for traveling with kids. Discover the area's water adventures with kayaking, scuba diving, and windsurfing nearby, or enjoy the great outdoors with hiking/biking trails!

Open in 1994, partially-renovated in 2017, Hotel always performed well located right by Pacific Ocean of Ocean Shores' beautiful beach front. One of a kind hotel in Ocean Shores with revenue always strong, and will be better with summer leisure activities. BEST WESTERN Lighthouse Suites Inn in Ocean Shores, where every guest will enjoy convenient access to local shops, restaurants, the Convention Center, the Oyhut Wildlife Preserve and more. Try your hand at clam digging, horseback riding, storm watching or beachcombings. Spend the day exploring the nearby Olympic Rainforest or touring the Polson Railroad Museum. 95 units, indoor Pool & Spa, Fitness Center & Breakfast Room. Wave's Restaurant is seasonally opened for business.

Best Western Lighthouse Suite Inn has a great future potential in the city of Ocean Shores. While the city was very conservative for business development back then, the new mayor has opened up a whole new perspective and direction for the attitude of the city towards local business development. Not only they are welcoming the new development, they are actually highly encourage the business including the hotel and other attractions to grow.


Family in Ocean Shores
- 57.9% are married
- 14.5% are divorced
- 11.1% are married with children
- 11.5% have children, but are single



Race in Ocean Shores
- 86.6% are white
- 0.0% are black
- 4.6% are Asian
- 4.0% are native American
- 0.0% claim Other
- 1.9% claim Hispanic Ethnicity
- 2.8% Two or More Races
- 0.0% Hawaiian, Pacific Islander

Industries: Hospitality & Tourism, Food Production, Forest and Wood Products

Highlights
  • Beautiful ocean view and big lot

Location
Gallery