$680,000

831 Morro Bay Boulevard

Morro Bay CA, 93442

Description

Mixed use building in downtown Morro Bay. There is a commercial space downstairs (1303 square feet). The upstairs is a 2 bedroom 2 bath, (1093 square feet), OCEAN and ROCK VIEW apartment rented for $1900 a month. This property is zoned C2 with many potential uses. The commercial space downstairs is approximately 1303 square feet and has been a retail store and a grocery store but was most recently used as an office. The upstairs 2 bedroom apartment was expanded to 1093 square feet and remodeled in 2004 and is immaculate and very comfortable. The entire block building was retrofitted for earthquake safety and both units have been updated with very nice finishes. There are 4 designated onsite parking spaces, a fenced back yard with storage sheds and laundry facilities and both units have front and rear building access. The upstairs unit can be used as a vacation "short term" rental with an over the counter permit and is not restricted by the City wide short term rental ordinance because it is on a commercially zoned lot. There is a decent sized yard in back and with a little TLC could be a nice garden area. There are also two entrances to the residential unit upstairs. The commercial component has fabulous street exposure and is one of the first commercial buildings at the entrance to Morro Bay and there is plenty of street parking for potential patrons. Information is not verified.

Details

MLS#SP20072484
Listing TypeFor Sale
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1954
Days On Site222

Features

SQ Feet2,396
Story(s)2
Units2

Market Activity 93442

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Area Information
StateCA
CountySan Luis Obispo
CityMorro Bay
Zip Code93442
AreaMRBY - Morro Bay
Listing VS Median (in 93442)
Price:
$680,000
low | high
Med:
$764,450
37.580882352941% of Average
SqFt:
2,396
low | high
Med:
1,613
82.700333889816% of Average
$ / SqFt:
$284
low | high
Med:
$486
21.225986095617% of Average
On Site:
222
low | high
Med:
215
100% of Average
Listing Updated: November 23, 2020 11:38:07 PM PST
Monica King LogoMLS Number: SP20072484
Listing Provided By:
Monica King  of  BHGRE Haven Properties
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.