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https://www.londonproperties.com/property/link/crmls/SC26073592/201-Main-St/Morro-Bay/https://www.londonproperties.com/images/props/crmls/full/SC26073592.jpgLondon Properties Morro Bay Real Estate | 201 Main St
Listing Agent: Steve Davis, McCarty Davis, Inc. Listing Co-Agent: Alyxandra Lemos, McCarty Davis, Inc.
Unique water front property. 201 & 203 Main St. and the leasehold interest in Bay Front Marina in Morro Bay are available providing multiple income streams while also allowing the opportunity to own a residence on the waterfront. The property consists of 3 residences, 2 private offices, and +/- 28 boat slips. There is a large demand for boat slips in Morro Bay with virtually zero vacancy in the last 11 years.
Property Sub Type
Commercial/Residential
Year Built
1970
Year Built Source
Estimated
Special Listing Conditions
Standard
Stories Total
2
Number Of Buildings
3
Number Of Units Total
5
Entry Level
1
Price Per Square Foot
$797
Price Per Unit
$710,000
Days On London
0
Cumulative Days On London
0
County Or Parish
San Luis Obispo
New Construction Y/N
No
Property Attached Y/N
Yes
Rent Control Y/N
No
Directions
South on Main St., right down driveway
Laundry Y/N
Yes
Laundry Features
Inside
Common Walls
2+ Common Walls
Pool Features
None
Pool Private Y/N
No
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Water Source
Public
Sewer
Public Sewer
Parking Total
1.00
Garage Spaces
1.00
Lot Features
Level
Lot Size Area
23995.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Waterfront Features
Bay Front
Common Interest
None
Parcel Number
066251025
Additional Parcels Y/N
No
Subdivision Name
Harbor Tract(760)
Subdivision Name Other
Harbor Tract(760)
Community Features
Watersports, Fishing
Senior Community Y/N
No
Gross Income
385800.00
Operating Expense
166566.00
Land Lease Y/N
Yes
Land Lease Amount
58986.20
Insurance Expense
19696.00
Electric Expense
15145.00
Water Sewer Expense
4928.00
Trash Expense
3417.00
Maintenance Expense
25908.00
New Taxes Expense
39050.00
Gross Scheduled Income
385800.00
Gross Income
385800.00
Total Expenses
166566.00
Net Operating Income
219233.00
Operating Expense
166566.00
Gross Income
385800.00
Net Operating Income
219233.00
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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.
