495 Morro Bay Boulevard

    Morro Bay, CA 93442
    • $849,999
    • STATUS: Active
    • ON SITE: 261 days
    • ID#: PI18003086
    UPDATED: 38 min ago
    $849,999
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,766
      SQFT
    • $226
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Waiting for the BEST Opportunity in Morro Bay? Here it is! NNN Corner of Morro Bay Blvd and Napa across from the Bay Theater! How could it get any better? By being able to buy the property next door also! 845 Napa is also available (MLS ID PI018003081). Whether you are looking for an investment for your portfolio or at development opportunities, these two listings will be the ones to buy in 2018! This property has been a rental as a multi tenant in the past, currently a single tenant. There is a phrase used in Real Estate: Location, Location, Location ... it doesn't get any better than this, being the most strategic business location in the city this is it! Please do not disturb tenants in any way, Thank you. Don't wait, call your Realtor today!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-24T14:32:48.183. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.themarellygroup.com/homes/79733186

    495 Morro Bay Boulevard Morro Bay, CA 93442

    • Price: $849,999
    • Status: Active
    • Updated: 38 min ago
    • ID#: PI18003086
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,766
    SQFT
    $226
    $/SQFT
    Neighborhood:
    MRBY - Morro Bay
    County:
    San Luis Obispo
    Area:
    MRBY - Morro Bay
    Property Description
    Waiting for the BEST Opportunity in Morro Bay? Here it is! NNN Corner of Morro Bay Blvd and Napa across from the Bay Theater! How could it get any better? By being able to buy the property next door also! 845 Napa is also available (MLS ID PI018003081). Whether you are looking for an investment for your portfolio or at development opportunities, these two listings will be the ones to buy in 2018! This property has been a rental as a multi tenant in the past, currently a single tenant. There is a phrase used in Real Estate: Location, Location, Location ... it doesn't get any better than this, being the most strategic business location in the city this is it! Please do not disturb tenants in any way, Thank you. Don't wait, call your Realtor today!
    Exterior Features

    Construction Materials Brick Fence YN No Fencing None Lot Features Corner Lot Lot Size Source Appraiser Lot Size Units Square Feet Roof Flat

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Anchors Co Tenants 1 Asset Class Retail Building Area Units Square Feet Building Status Existing Cap Rate 4.90 Country Us Expense Year 2016 Gross Scheduled Income 45958.00 Insurance Expense 1770.00 Land Use Retail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 44187.96 Number Of Units Leased 1 Operating Expense 1770.00 Property Sub Type Retail Special Listing Conditions Standard Tax Rate 13.00 Tax Year 2017 Total Expenses 1770.00 Utilities Cable AvailablePhone ConnectedSewer Connected Water Source Public

    Listing provided courtesy of Kevin Jones of Realty Professionals.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-24T14:32:48.183. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003