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Listing 16 out of 79
$849,999 Active Under Contract

495 Morro Bay Boulevard
Morro Bay, CA 93442

1 unit |
3,766 sq ft

Commercial: Retail - MLS# PI18003086
Property Photo
1/10

Description

Waiting for the BEST Opportunity in Morro Bay? Here it is! NNN Corner of Morro Bay Blvd and Napa across from the Bay Theater! How could it get any better? By being able to buy the property next door also! 845 Napa is also available (MLS ID PI018003081). Whether you are looking for an investment for your portfolio or at development opportunities, these two listings will be the ones to buy in 2018! This property has been a rental as a multi tenant in the past, currently a single tenant. There is a phrase used in Real Estate: Location, Location, Location ... it doesn't get any better than this, being the most strategic business location in the city this is it! Please do not disturb tenants in any way, Thank you. Don't wait, call your Realtor today!

Features

  • Property Type: Commercial
  • Sub Type: Retail
  • Listing Status: Active Under Contract
  • Zip Code: 93442
  • Sq.Ft.: 3,766 sq ft
  • Units: 1 unit
  • Area: MRBY - Morro Bay
  • Anchors Co Tenants: 1
  • Building Area Units: Square Feet
  • Building Status: Existing
  • Cap Rate: 4.90
  • Condo Area Units: Square Feet
  • Construction Materials: Brick
  • Country: US
  • Directions: Corner of Morro Bay Blvd and Napa.
  • Gross Scheduled Income: 45958.00
  • Insurance Expense: 1770.00
  • Land Use: Retail
  • Listing Agent License: 01128892
  • Listing Office License: 01892221
  • Lot Size Source: Appraiser
  • MLS: CRM
  • Max Total Area Units: Square Feet
  • Min Total Area Units: Square Feet
  • Net Operating Income: 44187.96
  • Number Of Buildings: 1
  • Number Of Units Leased: 1
  • Operating Expense: 1770.00
  • Roof: Flat
  • Total Expenses: 1770.00
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Water Source: Public
Courtesy of Realty Professionals, Kevin Jones

and our Morro Bay Affiliate & second location

Morro Bay Real Estate Partner

San Luis Obispo Realty
805-544-9161
info@san-luis-obispo-realty.com
441 Marsh Street
San Luis Obispo, CA 93401

CA BRE# 00577121

 

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