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1150 Main Street, Morro Bay, CA 93442
$1,500,000
1150 Main Street, Morro Bay, CA 93442View this property at 1150 Main Street, Morro Bay, CA 93442
1150 Main StreetMorro BayCA93442
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Property 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!
Full Property Details
Full Property Details for 1150 Main St
General
- Price: $1,500,000
- Status: Active
- Type: Industrial
- MLS ID: SC24094886
- Updated: 5/26/2024
- Days on Market: 13 days
- Added to Site: 19 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: San Luis Obispo
- Driving Directions: Coming from Hwy 1- Down MB BlVD. Right on Main.
Structural Information
- # Buildings: 2
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 2322
- Square Feet: 2,322
- Year Built: 1958
Lot Features
- Lot Size (Acres): 0.41
- Useable Acres: .41
- Lot Size (Sq. Ft.): 17,860
- Lot Size Source: Assessor
- Lot Features: Lot 6500-9999, Level
- Lot Description: Lot 6500-9999, Level
Financial Considerations
- Price Per Sq. Ft.: $645
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Property ID: 66311015
Listed by Coast Realty, ChristopherBath
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Schools
Schools serving 1150 Main St
School District:San Luis Coastal Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
501 Sequoia St, Morro Bay, CA 93442 | K-6 | 1.9 mi | |
1555 El Morro Ave, Los Osos, CA 93402 | 7-8 | 3.5 mi | |
235 Atascadero Rd, Morro Bay, CA 93442 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1150 Main St
Date
Details
Price
Change
Source
5/15/2024
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1150 Main St
1150 Main Street, Morro Bay, CA 93442 (MLS# SC24094886) is a Industrial property. 1150 Main Street is currently listed for $1,500,000 and was received on May 15, 2024. Want to learn more about 1150 Main Street? Do you have questions about finding other Industrial real estate for sale in Morro Bay? You can browse all Morro Bay real estate or contact a Coldwell Banker agent to request more information.