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Details
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.PROPERTY FEATURES
Water Source: Public
Lot Features: Level
Parcel Identification Number: 940000146
Laundry Features: None
Laundry: Has Laundry
MLSAreaMajor: MRBY - Morro Bay
PROPERTY DETAILS
Street Address: 1215 Embarcadero
City: Morro Bay
State: California
Postal Code: 93442
County: San Luis Obispo
MLS Number: SC24082289
Year Built: 2020
Courtesy of McCarty Davis, Inc.
City: Morro Bay
State: California
Postal Code: 93442
County: San Luis Obispo
MLS Number: SC24082289
Year Built: 2020
Courtesy of McCarty Davis, Inc.
Courtesy of McCarty Davis, Inc.
