$850,000
Est. payment /mo
3,310 Sqft Lot
New
845 Napa AVE Morro Bay, CA 93442
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NS26133900
HOA Y/N No
Year Built 1965
Lot Size 3,310 Sqft
Property Sub-Type Mixed Use
Property Description
Rare investment opportunity in the heart of downtown Morro Bay, one of California's most desirable coastal communities. Ideally positioned just moments from the Embarcadero, waterfront, boutique shopping, restaurants, galleries, and everyday conveniences, this prime commercial property enjoys excellent visibility and steady year round foot traffic.
The building consists of three separate suites, each with its own entrance and occupied by established tenants, providing immediate income potential. Five dedicated parking spaces offer added convenience, along with nearby street parking. The property also presents the opportunity for future expansion, creating additional value and flexibility for investors.
Whether you are seeking a stable income producing asset, long term appreciation, or a strategic investment in a thriving coastal market, this property offers a rare opportunity in one of the Central Coast's most sought after downtown locations. Please do not disturb tenants.
The building consists of three separate suites, each with its own entrance and occupied by established tenants, providing immediate income potential. Five dedicated parking spaces offer added convenience, along with nearby street parking. The property also presents the opportunity for future expansion, creating additional value and flexibility for investors.
Whether you are seeking a stable income producing asset, long term appreciation, or a strategic investment in a thriving coastal market, this property offers a rare opportunity in one of the Central Coast's most sought after downtown locations. Please do not disturb tenants.
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Zoning C1
Interior
Fireplace No
Laundry None
Exterior
Community Features Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Flat
Building
Lot Description 2-5 Units/Acre, Level, Near Park, Near Public Transit, Paved, Street Level
Story 1
Water Public
Others
Tax ID 066064022
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Kim Phillips Central Coast Sotheby's International Realty 805-400-5657, DRE #01996202
GET MORE INFORMATION
QUICK HOME SEARCH BY CITY