Morro Bay, CA 93442,Address not disclosed

$600,000

Est. payment /mo

$689,000

12.9%
Est.Price: ?

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Address not disclosed Morro Bay, CA 93442

SOLD DATE : 05/12/2017

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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California Regional MLS (CRMLS)
Listed by Mark Burnes • Burnes Commercial Group
Bought with Dan Demera • Demera Real Estate

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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