781 Market Avenue 066321027 Morro Bay CA 93442 | SP21011224

781 Market Avenue 066321027
Morro Bay, CA, 93442
$3,890,000
Beds
0 Baths
0 SqFt
1.6 Acres
Seeking Buyer/Lessor to develop a hospitality property delivering tax generating benefits on City-owned property. The City is offering this property to a Lessor/Buyer with the intent they develop a hospitality project generating on-going TOT (Transient occupancy tax). The zoning allows for a wide range of tourist service uses; Zoned C-VS/PD/S.4 (existing restaurant and parking lot) and C-VS/PD/S.3/S.4 (upper parking lot). The project sits partially on the Embarcadero, the main tourist area in Morro Bay. The balance of the property rises up and sits on the bluff overlooking the Embarcadero and Morro Bay. Subject property is +/- 1.60 Acres. Call listing agent for showing instructions. Pre-approval required for touring property. Purchase Price: $3,890,000 per most current appraisal, 2021. Call for more details.

Property Details

Price:
$3,890,000
MLS #:
SP21011224
Status:
Active
Address:
781 Market Avenue 066321027
Type:
Land
City:
Morro Bay
Listed Date:
Jan 15, 2021
State:
CA
ZIP:
93442
Subdivision:
Embarcadero(750)
Lot Size:
69,696 sqft / 1.60 acres (approx)
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Biking, Dog Park, Fishing, Golf, Hiking, Park, Sidewalks
Lot Features
0-1 Unit/ Acre, Lot Over 40000 Sqft, Near Public Transit, Park Nearby
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Bay, Coastline, Marina, Ocean, Panoramic, Park/ Greenbelt, Water
Water Source
Public

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781 Market Avenue 066321027
Morro Bay, CA