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.
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2BEDS
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0.41ACRES
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2BATHS
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11/2 BATHS
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975SQFT
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$2,821$/SQFT
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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-15T18:31:18.337. 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 deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.