$600,000
$689,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Morro Bay, CA 93442
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI1070975
Sold Date 05/12/17
HOA Y/N No
Year Built 1986
Property Description
Marketing Remarks: OWC carry for a qualified Buyer. Great retail building in a great location! This multi-tenant building with to legal addresses (810 & 820 Morro Bay Blvd) is currently occupied by one long term tenant who operates a very popular Italian Restaurant and Bar. Rents are substantially under market and tenant is month to month. Please do not disturb the tenant. 2252 sf building (per tax records) with large skylights and existing restaurant TI. 8 onsite parking spaces and the parcel is street to alley for easy deliveries. The business op (FF&E), while under separate ownership, is also for sale through this brokerage as MLS #1071962 for $89.9k. Optimally, a concurrent sale will occur.
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Zoning COM
Interior
Heating Forced Air
Fireplace No
Exterior
Roof Type See Remarks
Building
Story 1
Others
Tax ID 066075037
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
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Bought with Dan Demera • Demera Real Estate