>>>>>>>>>>>>>>>>>>>alt=”1215 Embarcadero [0]” >alt=”1215 Embarcadero [1]” >alt=”1215 Embarcadero [2]” >alt=”1215 Embarcadero [3]” >alt=”1215 Embarcadero [4]” >alt=”1215 Embarcadero [5]” >alt=”1215 Embarcadero [6]” >alt=”1215 Embarcadero [7]” >alt=”1215 Embarcadero [8]” >alt=”1215 Embarcadero [9]” >alt=”1215 Embarcadero [10]” >alt=”1215 Embarcadero [11]” >alt=”1215 Embarcadero [12]” >alt=”1215 Embarcadero [13]” >alt=”1215 Embarcadero [14]” >alt=”1215 Embarcadero [15]” >alt=”1215 Embarcadero [16]” >alt=”1215 Embarcadero [17]” >alt=”1215 Embarcadero [18]” >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.
Courtesy of McCarty Davis, Inc.. 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.
