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781 Market, Morro Bay, CA 93442.
Listing Courtesy of:
Stafford-McCarty Commercial RE
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 +/- 1.42 Acres. Call listing agent for showing instructions. Pre-approval required for touring property.
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 June 25th, 2021 at 07:16:38AM UTC.
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