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$2,500,000 -$250,000 (-9.09%) Price Reduced
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Property 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.
Full Property Details
Full Property Details for 660 Morro Bay Blvd
General
- Price: $2,500,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: SC24171427
- Updated: 11/7/2024
- Days on Market: 86 days
- Added to Site: 107 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: See Remarks
Location
- County: San Luis Obispo
- Driving Directions: Down Morro Bay Blvd- located on corner of Piney Way and Morro Bay Blvd
Structural Information
- # Buildings: 3
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 7393
- Square Feet: 7,393
Lot Features
- Lot Size (Acres): 0.4091
- Useable Acres: .4091
- Lot Size (Sq. Ft.): 17,822
- Lot Size Source: Other
- Lot Features: Corner Lot
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $338
Disclosures and Reports
- Property ID: 66125003
Listed by Coast Realty, ChristopherBath
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Schools
Schools serving 660 Morro Bay Blvd
School District:San Luis Coastal Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
501 Sequoia St, Morro Bay, CA 93442 | K-6 | 2.3 mi | |
1555 El Morro Ave, Los Osos, CA 93402 | 7-8 | 3.1 mi | |
235 Atascadero Rd, Morro Bay, CA 93442 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 660 Morro Bay Blvd
Date
Details
Price
Change
Source
11/07/2024
Price Reduced
$2,500,000
-9.09%
MLS
7/30/2024
Listed
$2,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 660 Morro Bay Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,321
—
$213,902
2%
2023
$2,321
7%
$209,708
2%
2022
$2,176
2%
$205,597
312%
2021
$2,141
308%
$49,915
1%
2020
$525
1%
$49,404
2%
2019
$519
2%
$48,436
2%
2018
$509
2%
$47,487
2%
2017
$499
2%
$46,557
2%
2016
$489
1%
$45,645
2%
2015
$482
9%
$44,961
2%
2014
$443
—
$44,081
—
2013
$441
—
$43,883
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 660 Morro Bay Blvd
660 Morro Bay Blvd, Morro Bay, CA 93442 (MLS# SC24171427) is a Commercial property. 660 Morro Bay Blvd is currently listed for $2,500,000 and was received on July 30, 2024. Want to learn more about 660 Morro Bay Blvd? Do you have questions about finding other Commercial real estate for sale in Morro Bay? You can browse all Morro Bay real estate or contact a Coldwell Banker agent to request more information.