1111 Main Street Morro Bay, CA 93442

$895,000
1111 Main Street, Morro Bay, CA 93442
SC18116219

Commercial Property for sale in Morro Bay, CA

for $895,000. The lot size is 20049.00 Sqft..

Property Information

  • $895,000
  • Commercial
  • Unimproved
  • Active
  • Lot size of 20049.00 Sqft.
  • Morro Bay, CA
  • San Luis Obispo County
  • MLS/Web ID is SC18116219

Description

Prime downtown corner development site with quality views of Morro Rock, jetties, ocean and coastal hills. The high traffic site totals nearly one-half acre in the Central Business District. The C-1 zoning offers a broad range of possible uses including retail, office and mixed use. The parcel has the potential for 90% maximum lot coverage and 30-foot maximum building height. It is also adjacent to the city parking district. Further details on development opportunities and requirements can be obtained through the City of Morro Bay Community Development Department. Seeking a fine site for a landmark project? Call your REALTOR® today.!

Interior 1

Water Source

  • Public Water

Exterior 1

Land Improvements

  • Paved

Miscellaneous 1

Location

  • Corner Lot

† Excluded Feature

Listed By

Broker: DALE KAISER REAL ESTATE

1111 Main Street, Morro Bay, CA, 93442 is a Commercial Property for sale at $895,000 with a lot size of 20049.00 Sqft.. 1111 Main Street has 0.0 baths. The property's zip code is 93442 which is in Morro Bay, CA

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Pricing History

Date Price Price Change Description
6/26/2018 $895,000 -10.05 % Price Change
5/18/2018 $995,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Morro Bay $763,995 15 % below $689,995 23 % below
Commerical listings in Morro Bay $515,529 42 % below $195,000 78 % below

Get the facts about Morro Bay, CA!

Population 10,199
Population Growth (since 2000) -2 %
Median Income $50,355
Median Age 48.94
Households w/ Children 17 %

Residential Dwellings

  • Owned 2593
  • Vacant 1305
  • Rented 2251

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or Call us at 1-800-839-1363