Listing Courtesy of: Steve Davis - McCarty Davis, Inc.
$6,750,000
Calculate Payment
Calculate Payment
1215 Embarcadero Morro Bay, CA 93442
Industrial
Residence
Beds
Baths
...
Bed/Bath
5,239
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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.
Continue reading
MLS#
CRSC24082289
Property Type
Industrial
Year Built
2020
Square Feet
5,239
sq. ft
Lot Size
0.12
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.