$1,425,000
( $613.70Per Sq Foot )
 $7,650 est/mo Sourced by Back At You

1150 Main Street , Morro Bay, CA 93442

Morro Bay, CA 93442

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Description

Prime commercial property for sale in the heart of town, offering an exceptional investment opportunity. This 2,322 square foot building is situated on a substantial 17,860 square foot lot, strategically located in a high-traffic area with excellent footfall, making it ideal for various commercial uses. The property comprises two buildings currently occupied by well-established businesses: an Auto Mechanic and a Machine Shop, ensuring consistent rental income (note that businesses are not for sale). Recent upgrades include a new roof for the Machine Shop in 2019 and a refreshed front facade in 2018, enhancing both the aesthetic appeal and structural integrity of the property. This prime location, combined with the solid tenant base and recent improvements, presents a compelling proposition for investors looking to expand their real estate portfolio or for entrepreneurs seeking a prominent location for their next venture. Don't miss this unique opportunity to secure a highly desirable commercial property in a thriving community. For more information or to schedule a viewing, please contact your Realtor today!

Details

MLS#SC24094886
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1958
Days On Site241
Listing Provided ByCoast Realty 805.225.2284 | Christopher Bath

Features

SQ Feet2,322
Story(s)1
Building(s)2
Acreage0.41

Market Activity 93442

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 9 seconds ago
StateCA
CountySan Luis Obispo
CityMorro Bay
Zip Code93442
AreaMRBY Morro Bay
Listing VS Median (in 93442)
Price:
$1,425,000
low | high
Med:
$879,000
88.315789473684% of Average
SqFt:
2,322
low | high
Med:
1,369
91.042204995693% of Average
$ / SqFt:
$614
low | high
Med:
$642
45.375648763984% of Average
On Site:
241
low | high
Med:
78.000000
100% of Average
Sourced by Back At You
Listing Updated: January 7, 2025 at 7:28:44 PM PST