781 Market AVE Morro Bay, CA 93442
UPDATED:  
Favorite
2498000
/mo

-1Bed

-1Bath

61855SqFt

when would you like to view

this property?

ASAP

Please select your preferred date.

John Hunter

Schedule an obligation free tour to see this property

Key Details

Property Type: Vacant Land

Listing Status: Active

Purchase Type: For Sale

Square Footage: 61,855 sqft

Price per Sqft: $40

Lot Size: 1.420 Acres

MLS Listing ID: SP21011224

Subdivision: Embarcadero(750)

HOA Y/N: No

Property Description

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.

Location

State: CA

County: San Luis Obispo

Area: Mrby - Morro Bay

Zoning: CVS/PD/S.3/S.4,CVS/PD/S.4

Exterior

Community Features: Sidewalks

View Y/N: Yes

View: Bay

Building

Lot Description: Lot Over 40000 Sqft

Water: Public

New Construction: No

Others

Senior Community: No

Special Sale: Standard

Lease Land: yes

Read More Info

Read Less Info

Listing provided by  Stafford-McCarty Commercial RE

Read More Info

Read Less Info

Nearby School & Properties

School data provided by GreatSchools for your convenience. Please contact schools directly for enrollment eligibility.

Property History

Date Event Price Source

    Neighborhood Demographic

    Similar HomesUnlike ?

    Get More Information


    John Hunter The Real Estate Hunter, Inc.
    John Hunter

    Managing Broker / Owner License ID: 01852653

    We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

    John Hunter

    Hi there, take a look around & click here when you have questions. (((I'm available)))