Morro Bay, CA 93442,480 Morro Bay BLVD
Morro Bay, CA 93442,480 Morro Bay BLVD
Morro Bay, CA 93442,480 Morro Bay BLVD
11
$1,240,700
$1,395,000
11.1%
Est.Price: ?

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8,712 Sqft Lot

480 Morro Bay BLVD Morro Bay, CA 93442

Est. payment /mo
SOLD DATE : 09/22/2021

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Key Details

Sold Price $1,240,700

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SC21121859

Sold Date 09/22/21

HOA Y/N No

Year Built 1961

Lot Size 8,712 Sqft

Property Description

Amazing investment opportunity in the heart of downtown Morro Bay! Located next door to the historic Bay Theatre, just a few blocks from the Embarcadero, this 6-unit multi-tenant retail building is ready for many uses. There are 11 designated parking spots along with street parking on both Morro Bay Blvd and Napa Ave. The property includes 468 Morro Bay Blvd (~1,062 sq ft), 480 Morro Bay Blvd (~1,651 sq ft), 490 Morro Bay Blvd (~1,169 sq ft), 735 Napa Ave (~620 sq ft), 737 Napa Ave (~620 sq ft), and 739 Napa Ave (~620 sq ft). All leases are month to month. Zoned C-1 with S-4 overlay, check with City Planning to realize its potential!

Location

State CA

County San Luis Obispo

Area Mrby - Morro Bay

Zoning C-1

Interior

Fireplace No

Laundry None

Exterior

Total Parking Spaces 11

Building

Lot Description Rectangular Lot, Street Level

Water Public

Others

Tax ID 066121012

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Colleen Clarke • BHGRE Haven Properties
Bought with Colleen Clarke • BHGRE Haven Properties

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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