Morro Bay, CA 93442,888 Napa AVE

$1,901,000

Est. payment /mo

$1,800,000

5.6%
Est.Price: ?

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888 Napa AVE Morro Bay, CA 93442

7,737 SqFt

SOLD DATE : 09/06/2022

Key Details

Sold Price $1,901,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 7,737 sqft

Price per Sqft $245

MLS Listing ID SC22155607

Sold Date 09/06/22

HOA Y/N No

Year Built 1941

Lot Size 0.330 Acres

Acres 0.33

Property Description

Unique opportunity to own a mixed use commercial/retail and residential property located in the center of quaint downtown Morro Bay! This property consists of 10 residential units and 6 commercial units. Addresses include 501,505, 507 Morro Bay Blvd and 828, 830,834, 838, 840, 850A/B, 860A/B, 862, 868, 878 and 888 Napa St. Some of the units have been updated and some could use a bit of TLC, there are rock views from some of the residential units too. This property also has huge potential for a development project, the lot is over 14,000 feet and there is good parking on site. Check with the Planning and Building Department of the City of Morro Bay for uses, options and the pending adoption of zoning and height limit changes. This is a special property in the heart of Morro Bay. Information is not verified or guaranteed by listing broker.

Location

State CA

County San Luis Obispo

Area Mrby - Morro Bay

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition

Total Parking Spaces 9

Building

Lot Description Corner Lot, Level, Walkstreet

Story 2

Water Public

Others

Tax ID 066066007

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Monica King • BHGRE HAVEN PROPERTIES
Bought with Kirk Psenner • Cypress Properties

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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