In the heart of Morro Bay, this exceptional legacy mixed-use property spans three legal APNs/Lots and offers a rare investment opportunity. The property includes a 975-square-foot single-family home at 753 Piney Way, a commercial retail building, and a 1,676-square-foot restaurant. The retail building, located at the corner of Morro Bay Blvd and Piney Way, houses three commercial units: 775 Piney Way with 1,400 square feet (currently occupied by a pest control company), 698 Morro Bay Blvd with 1,600 square feet (formerly a dance studio), 696 Morro Bay Blvd with 1,300 square feet (currently occupied by a thrift store). Sitting on its own legal lot is 650 Morro Bay Blvd with a 1,676-square-foot restaurant. The property also includes a 6,650-square-foot parking lot. Please note that the businesses are not for sale; this listing is for the real estate only. This is a unique opportunity to own a versatile multi-use property in the vibrant coastal community of Morro Bay. All measurements are approximate and have not been verified.
Mls | SC24171427 |
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Listing Type | For Sale |
Style | Mixed Use |
Subtype | Resale |
Status | Active |
Days On Site | 113 |
Listing Provided By | Coast Realty 805.225.2284 | Christopher Bath |
Sq Feet | 7,393 |
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Storys | 1 |
Units | 5 |
Buildings | 3 |
Acreage | 0.41 |
State | CA |
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County | San Luis Obispo |
City | Morro Bay |
Zip Code | 93442 |
Area | MRBY Morro Bay |
Listing VS Median (in 93442) | |
Price: $2,500,000 low | high Med: $959,000 SqFt: 7,393 low | high Med: 1,177 $ / SqFt: $338 low | high Med: $815 On Site: 113 low | high Med: 40.000000 |