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$6,750,000
205 Days On Site
1215 EmbarcaderoMorro Bay, CA 93442
For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
5,239
SqFt
$1,288
/SqFt
2020
Built
County:
San Luis Obispo
Listed by Steve Davis of McCarty Davis, Inc. [email protected]
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Morro Bay Landing is situated on the waterfront in Morro Bay, CA. The recently constructed commercial building and boat docks provide three individual income streams. The project consists of a +/- 5,239 SF multi-tenant retail building, 25 boat slips and Kayak and Paddle Board storage lockers. With a gross income just north of $500,000, this leasehold interest (36 years on the existing lease with an exclusive right to renegotiate), is priced at a 6 cap and the owner is motivated to sell.
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Listing Snapshot
Price
$6,750,000
Days On Site
205 Days
Bedrooms
N/A
Inside Area (SqFt)
5,239 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1203 Acres
Year Built
2020
MLS® Number
SC24082289
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| 7 months ago | Status changed to Active | |
| 7 months ago | Listing updated with changes from the MLS® | |
| 7 months ago | Listing first seen on site |
General Features
Acres
0.1203
Number Of Stories
2
Special Circumstances
Standard
SqFt Total
5239
Water Source
Public
Interior Features
Laundry Features
None
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Exterior Features
Frontage
Bay/Harbor
Lot Features
Level
Waterfront
Yes
Waterfront Features
Ocean Front
Community Features
MLS Area
MRBY - Morro Bay
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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