Other (OTHR)

3250 Main Street, Morro Bay, CA 93442

Description

Also known as 300 Panay St Morro Bay. Zoned R4 Multi Use Commercial Residential Property. This property is located in North Morro Bay on the corner of Main Street and Panay Street. The property has great exposure, easy access and visibility from Highway 1 and Main Street. There are white water ocean views from the existing ground level building. There are wonderful ocean and Morro Rock views available from potential second story improvements. Envision your concept for this property as it has great potential for future development. Check with the Morro Bay Planning for development options. You can put your business in this great location now and develop your plans for the future. This property is currently occupied by a successful retail business and would be an excellent location for your new prospective business. The existing building would also be a good rental income opportunity. The building on site is functional and has a new roof added 3 years ago. There is good onsite off street parking in front of the building on Main Street and on the side of the building on Panay Street. Part of the building is currently set up for retail and customer service and part of the building is for storage and workshop for the business. Not included in the sale of this property is the business, all fixtures, display cases, tools, inventory and any and all personal property. The purchase of the shed on the property is negotiable. Call your Realtor today to view this awesome property!

Details

MLS#SC18290440
StyleCondominium
Sub-TypeResale
StatusActive
Year1953
Days On Site158

Features

Bath(s)1 Total
SQ Feet1,050
Story(s)1 Story
Acreage0.06
Property ViewYes

Market Activity 93442

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Area Information

StateCA
CountySan Luis Obispo
CityMorro Bay
Zip Code93442
AreaMRBY - Morro Bay
Community NameOther (OTHR)
School DistrictSan Luis Coastal Unified
Listing VS Median (in Other (OTHR))
Price:
$485,000
low | high
Med:
$513,700
44.082474226804% of Average
SqFt:
1,050
low | high
Med:
2,291
68.142857142857% of Average
$ / SqFt:
$462
low | high
Med:
$244
97.162383653396% of Average
On Site:
158
low | high
Med:
71
100% of Average
Listing Updated: 05/18/2019
MLS Number: SC18290440
Listing Provided By:
Michael Mininni  of  Michael Mininni Real Estate
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.