1215 Embarcadero, Morro Bay, CA, 93442
1215 EmbarcaderoMorro Bay, CA 93442
Morro Bay Landing is situated on the waterfront in Morro Bay, CA. The recently constructed commercial building and boat docks provide three individual income streams. The project consists of a +/- 5,239 SF multi-tenant retail building, 25 boat slips and Kayak and Paddle Board storage lockers. With a gross income just north of $500,000, this leasehold interest (36 years on the existing lease with an exclusive right to renegotiate), is priced at a 6 cap and the owner is motivated to sell.
8 months ago | Status changed to Active | |
8 months ago | Listing updated with changes from the MLS® | |
8 months ago | Listing first seen on site |
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