1215 Embarcadero Morro Bay, CA $ 6,750,000
1215 Embarcadero
$ 6,750,000
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1215 Embarcadero

Morro Bay, CA, 93442
$ 6,750,000
Baths0.0 Sq 5,239

Monthly Estimate*

$ 47,151

Listed by McCarty Davis, Inc.
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Studio

Commercial Property for sale in Morro Bay, CA

for $6,750,000. This 5,239 square foot building was built in 2020 on a lot size of 0.1203.

McCarty Davis is pleased to offer the opportunity to purchase the leasehold interest in 1215 Embarcadero in Morro Bay providing three individual income streams. Morro Bay Landing consists of a +/- 5,239 SF multi-tenant retail building as well as +/- 45,000 SF of water area directly behind the building. The leased water area contains approximately 25 boat slips. The property also contains two income producing kayak and SUP storage lockers.

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Commercial Active

Price

$ 6,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

SpecialPurpose

Lot Size

0.1203

Year Built

2020

Town/City

Morro Bay

County/Region

San Luis Obispo

MLS | Web ID

SC24082289

Days on Market

10

Features
Exterior
Lot Features Level
Water Source Public
Lot Size Area 5239.0
Spa N
Building Area Total 5239.0
Lot Size Acres 0.1203
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Year Built 2020
Property SubType SpecialPurpose
Waterfront Features BayFront OceanFront
Building Name The Morro Bay Landing
County San Luis Obispo
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions South on Main St. right on Beach St. right on Embarcadero property on left
City Morro Bay
View Y/N N
Senior Community Y/N N
MLS Area MRBY - Morro Bay
Lot Size Square Feet 5239.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Embarcadero
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Tenant
Property Sub Type Additional SpecialPurpose
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1215
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* Excluded Features
List By
Mccarty Davis, Inc.

Broker

(805) 543-1801

Phone

Affordability Calculator

$47,151
Per Month
100%
0%
0%
Monthly Principal & Interest
$47,151
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$6,750,000 Listed Price

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1215 Embarcadero, Morro Bay, CA, 93442 is a Commercial Property for sale at $6,750,000 with 5,239 sqft and a lot size of 0.1203. 1215 Embarcadero is a studio with 0.0 baths and was built in 2020. The property's zip code is 93442 which is in Morro Bay, CA