1150 Main Street
Morro Bay, CA 93442
0.41 acres | #SC24094886
Description
Prime commercial property for sale in the heart of town, offering an exceptional investment opportunity. This 2,322 square foot building is situated on a substantial 17,860 square foot lot, strategically located in a high-traffic area with excellent footfall, making it ideal for various commercial uses. The property comprises two buildings currently occupied by well-established businesses: an Auto Mechanic and a Machine Shop, ensuring consistent rental income (note that businesses are not for sale). Recent upgrades include a new roof for the Machine Shop in 2019 and a refreshed front facade in 2018, enhancing both the aesthetic appeal and structural integrity of the property. This prime location, combined with the solid tenant base and recent improvements, presents a compelling proposition for investors looking to expand their real estate portfolio or for entrepreneurs seeking a prominent location for their next venture. Don't miss this unique opportunity to secure a highly desirable commercial property in a thriving community. For more information or to schedule a viewing, please contact your Realtor today!
Property Details
- CountySan Luis Obispo
- Original List Price$1,500,000
- MLS #SC24094886
- Property SubtypeIndustrial
- MLS #SC24094886
- Property TypePurchase
- Cost1425000
- Utility SourcePublic
- Lot DescriptionLevel
- Acres0.41
- Year Built1958
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Christopher Bath (#SC01231010)
Listing Office: Coast Realty (#SCBATHR)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
