201 Main Street Morro Bay, CA $ 3,550,000
201 Main Street
$ 3,550,000
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201 Main Street

Morro Bay, CA, 93442
$ 3,550,000
Baths0.0 Sq 4,457

Monthly Estimate*

$ 21,858

Listed by McCarty Davis, Inc.
201 Main Street, Morro Bay, CA 93442 - Image 1
201 Main Street, Morro Bay, CA 93442 - Image 2
201 Main Street, Morro Bay, CA 93442 - Image 3
201 Main Street, Morro Bay, CA 93442 - Image 4
201 Main Street, Morro Bay, CA 93442 - Image 5
Studio

Multi-Family Home for sale in Morro Bay, CA

for $3,550,000. This 4,457 square foot home was built in 1970 on a lot size of 0.5508.

Unique water front property. 201 & 203 Main St. and the leasehold interest in Bay Front Marina in Morro Bay are available providing multiple income streams while also allowing the opportunity to own a residence on the waterfront. The property consists of 3 residences, 2 private offices, and +/- 28 boat slips. There is a large demand for boat slips in Morro Bay with virtually zero vacancy in the last 11 years.

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Multi-Family Active

Price

$ 3,550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.5508

Year Built

1970

Town/City

Morro Bay

County/Region

San Luis Obispo

MLS | Web ID

SC26073592

Days on Market

104

Features
General
Sewer Public Sewer
Garage Spaces 1
Pool Features None
Year Built 1970
Property Subtype Mixed Use
Gross Income 385800
Waterfront Features Bayfront
Community Features Fishing Water Sports
County San Luis Obispo
Net Operating Income 219233
Operating Expense 166566
Insurance Expense 19696
New Construction false
Property Type Residential Income
MaintenanceExpense 25908
Subdivision Name Harbor Tract(760)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions South on Main St. right down driveway
City Morro Bay
Land Lease Amount 58986.2
Entry Location 1
Senior Community Y/N false
Number Of Units Total 5
MLS Area MRBY - Morro Bay
Lot Size Units Square Feet
Lot Size Square Feet 23995
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N true
Electric Expense 15145
Fuel Expense 0
Trash Expense 3417
Water Sewer Expense 4928
Ok to Lease 12 Months
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Property Sub Type Additional Mixed Use
Taxes 39050
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Inside
Entry Level 1
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Exterior
Lot Features Level
Water Source Public
Total Parking 1
Lot Size Area 23995
Number of Buildings 3
Building Area Total 4457
Lot Size Acres 0.5508
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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* Excluded Features
List By
Mccarty Davis, Inc.

Broker

davis@mccartydavis.com

Email

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$21,858
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Monthly Principal & Interest
$21,858
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/6/2026$3,550,000 Listed Price

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201 Main Street, Morro Bay, CA, 93442 is a Multi-Family Home for sale at $3,550,000 with 4,457 sqft and a lot size of 0.5508. 201 Main Street is a studio with 0.0 baths and was built in 1970. The property's zip code is 93442 which is in Morro Bay, CA