




























Property Attributes
- MLS#SC21051872
- TypeCommercial
- CountySAN LUIS OBISPO
- CityMorro Bay
- AreaMorro Bay
- Zip93442
- StyleMixed Use
- Price$ 4,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.55 Acres
Listing Provided Courtesy Of:
Dean Marchant with Morro Shores Real Estate.
Data Source:
CRMLS
Property Description
Own water front property on The Central Coast! 100% occupied! Marina with 30 boat spaces, 3 Houses and a Commercial office. This property literally runs itself with zero employees. Easier than a car wash or laundry. Covid has been no issue for this business, All rents have been paid for the past eight years. At four million it's an easy 5 cap and possibilities are endless for extra income if someone wants to make an effort. The water underneath is leased from the City of Morro Bay with 12 years left on current lease and a 20 year option. A great cash business that won't be on the market long.
Price History | |
---|---|
3/12/2021 | Listed $4,000,000 |
General Features
Additional Parcels Y/N | Yes |
---|---|
Appliances | Dryer, Washer |
MLS Area | MRBY - Morro Bay |
Property SubType | Mixed Use |
Property Type | Commercial Sale |
Interior Features
Laundry Features | Common Area, Laundry Room, Outside |
---|
Exterior Features
Lot Features | 0-1 Unit/Acre, Sloped Down |
---|---|
Lot Size Acres | 0.55 |
Lot Size Area | 23995 |
Lot Size Source | Assessor |
Lot Size Square Feet | 23995 |
Lot Size Units | Square Feet |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool