Pacific Shores Real Estate
Sean Papst, Pacific Shores Real EstatePhone: (714) 642-3179
Email: [email protected]

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listing
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CommercialFor Sale
$6,750,000
1215 Embarcadero
Morro Bay, CA 93442
Listed by Steve Davis DRE#01843738 [email protected] McCarty Davis, Inc.
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$34,942/mo

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.

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Information courtesy of McCarty Davis, Inc. is subject to verification and is not guaranteed.
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