New to our site?
If you Register you will have access to extra features such as the ability to save listings and property searches. You can also bypass the search feature and have listings sent to your email address.
781 Market, Morro Bay, CA 93442.
Listing Courtesy of:
McCarty Davis, Inc.
San Luis Obispo
Seeking Buyer/Lessor to develop a hospitality property delivering tax generating benefits on City-owned property. The City is offering this property to a Lessor/Buyer with the intent they develop a hospitality project generating on-going TOT (Transient occupancy tax). The zoning allows for a wide range of tourist service uses; Zoned C-VS/PD/S.4 (existing restaurant and parking lot) and C-VS/PD/S.3/S.4 (upper parking lot). The project sits partially on the Embarcadero, the main tourist area in Morro Bay. The balance of the property rises up and sits on the bluff overlooking the Embarcadero and Morro Bay. Subject property is +/- 1.60 Acres. Call listing agent for showing instructions. Pre-approval required for touring property. Purchase Price: $3,890,000 per most current appraisal, 2021. Call for more details.
January 18, 2021
Cross Streets: Pacific Street & Market Avenue
Listing Agent State License:
Listing Office State License:
Based on information from California Regional Multiple Listing Service, Inc. as of January 25th, 2022 at 05:27:45AM UTC.
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.