Morro Bay, CA 93442,464 Morro Bay BLVD
Morro Bay, CA 93442,464 Morro Bay BLVD
Morro Bay, CA 93442,464 Morro Bay BLVD
15
$1,400,000
$1,625,000
13.8%
Est.Price: ?

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8,807 Sqft Lot

464 Morro Bay BLVD Morro Bay, CA 93442

Est. payment /mo
SOLD DATE : 10/26/2023

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Key Details

Sold Price $1,400,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SC23093267

Sold Date 10/26/23

HOA Y/N No

Year Built 1942

Lot Size 8,807 Sqft

Lot Dimensions Assessor

Property Description

Entertain, Live, Play in the very heart of downtown Morro Bay at the beautiful Bay Theatre! The 800 sqft one bedroom apartment, the two-car garage, the additional 520 sqft open space above the garage (possible office rental), and the keystone feature - the 314 seat Bay Theatre - are all ready for new ownership. Originally built by the Army Corp of Engineers in 1942, the current ownership for the past 38 years has been a marvelous steward of this "Rock" solid beauty. Very well maintained and cared for, everything is in place to take advantage of multiple income streams, including the apartment, which can be used as a short-term vacation rental.

Location

State CA

County San Luis Obispo

Area Mrby - Morro Bay

Zoning CC

Rooms

Other Rooms Living Quarters

Interior

Heating Central

Fireplace No

Laundry Inside

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 2

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Additional Building Living Quarters

Others

Tax ID 066121013

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Thomas Barket • Tom Barket, Real Estate Broker
Bought with Frankie Ciano • Compass

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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