Luigi's Italian Grille 1201 Bay Ave

1201 Bay Ave , Ocean Park, Washington, 98640 | 1,661 sq.f | $ 575,000

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About This Restaurant

Investment Highlights

Executive Summary

Ocean Front restaurant and bar. Two stories allows for multi age dining downstairs and a tavern upstairs. Large covered patio to enjoy year-round with views of the Pacific Ocean. Out back is a fenced fire pit area and additional storage shed. All kitchen equipment and table can be negotiated in the deal or separately. Plenty of parking in the large gravel lot and a short walk to the beach.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    1,661
  • Building Class    B
  • Year Built    1940
  • Price    575,000
  • Price Per SF    346
  • Building Height    2 Stories
  • Building FAR    0.17
  • Land Acres    0.23 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Property Taxes

Parcel Number 75016000133 Improvements Assessment $115,500
Land Assessment $237,800 Total Assessment $353,300
Date Created: 2024-07-16 04:23:48 Last Updated: 2024-07-16 04:23:48
Address: 1201 Bay Ave , Ocean Park, Washington, 98640