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 Details
Price:
$1,425,000
MLS #:
SC24094886
Status:
Active
Baths:
0
Address:
1150 Main Street
Type:
Commercial
Subtype:
Industrial
Neighborhood:
mrbymorrobay
City:
Morro Bay
Listed Date:
May 15, 2024
State:
CA
ZIP:
93442
Year Built:
1958
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Schools
Interior
Exterior
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address1150 Main Street Morro Bay CA
- AreaMRBY – Morro Bay
- CityMorro Bay
- CountySan Luis Obispo
- Zip Code93442
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Courtesy of Coast Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1150 Main Street
Morro Bay, CA
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