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$6,750,000
23 Days Online
1215 Embarcadero Morro Bay, CA 93442
For Sale|Commercial|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. 805-704-5727
Call Now: 805-550-0161
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Monthly Payment (Est.)
$30,796Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.
McCarty Davis is pleased to offer the opportunity to purchase the Morro Bay Landing situated on the water 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 Online
23 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
| 4 days ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen online |
General Features
Number of Stories
2
Acreage
0.1203
Water
Public
Property Sub Type
Special Purpose
Listing Conditions
Standard
Interior Features
Laundry Features
None
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Exterior Features
Waterfront Features
Bay FrontOcean Front
Lot
Level
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
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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