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$6,750,000
247 Days On Site

1215 Embarcadero
Morro Bay, CA 93442

For Sale|Commercial Sale|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. davis@mccartydavis.com

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1215 Embarcadero1215 Embarcadero1215 Embarcadero1215 Embarcadero
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Morro Bay Landing is situated on the waterfront 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 On Site 
247 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
8 months agoStatus changed to Active
8 months agoListing updated with changes from the MLS®
8 months agoListing first seen on site
General Features
Acres 
0.1203
Number Of Stories 
2
Special Circumstances 
Standard
SqFt Total 
5239
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Frontage 
Bay/Harbor
Lot Features 
Level
Waterfront 
Yes
Waterfront Features 
Ocean Front
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
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