Description
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. Based on purchase price of $815,000 + est. $150,000 in upgrades the CAP rate would be 7%
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0BEDS
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0.92ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listing Courtesy of Windermere R.E. Ocean Shores.Description
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. Based on purchase price of $815,000 + est. $150,000 in upgrades the CAP rate would be 7%
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-01-15T16:14:24.493.