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1150 Main St

Morro Bay, CA 93442

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$1,149,000

2,322 sq ft

1150 Main St

Morro Bay, CA 93442

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Listed On: 05/20/2024
Status: Pending (Taking Backup Offers)
Listing Number: SC24094886 (CRMLS)

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Contact Info


Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Listing Agent: Christopher Bath, Coast Realty

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!
Property Type
Commercial Sale
Property Sub Type
Industrial
Year Built
1958
Special Listing Conditions
Trust
Stories Total
1
Number Of Buildings
2
Entry Level
1
Building Status
Existing
Price Per Square Foot
$495
Days On Market
595
County Or Parish
San Luis Obispo
Directions
Coming from Hwy 1- Down MB BlVD. Right on Main.
Sign On Property Y/N
No
Laundry Features
None
Water Source
Public
Condo Area Units
Square Feet
Common Interest
None
Parcel Number
066311015
Additional Parcels Y/N
No
Number Of Units Leased
2

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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