$ 1,425,000
1150 Main Street Morro Bay, CA 93442
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by Christopher Bath • Coast Realty
$ 1,425,000
Est. payment /mo
Active
1150 Main Street Morro Bay, CA 93442
2,322 SqFt
UPDATED:
10/23/2024 03:11 AM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,322 sqft
Price per Sqft $613
MLS Listing ID CRSC24094886
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1958
Lot Size 0.410 Acres
Property 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!
Location
State CA
County San Luis Obispo
Interior
Fireplace No
Building
Water Public
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