660 Morro Bay Blvd

Morro Bay, CA 93442
$2,500,000
975 sqft | 2 beds | 2.5 baths | 0.41 acres | #SC24171688
Courtesy of Coast Realty

Description

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.

  • Property Details
      • Bedrooms:2
      • Bathrooms:2.5
      • Full Baths:2
      • Half Baths:1
      • Stories:1
      • Lot description:CornerLot
      • Acres:0.4091
      • Square Feet:975
      • Parking spaces:2
      • Property type:Purchase
      • Year built:1928
      • Sewer information:PublicSewer
      • Utility source:Public
      • Subdivision:Morro Heights (810)
      • School district:San Luis Coastal Unified
      • County:San Luis Obispo
      • Original List Price:$2, 750, 000
      • MLS #:SC24171688
      • Cost:2500000
      • Property subtype:MixedUse
      • MLS #:SC24171688
      • Structure type:MixedUse

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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