845 Napa Avenue

    Morro Bay, CA 93442
    • $499,999
    • STATUS: Active Under Contract
    • ON SITE: 164 days
    • ID#: PI18003081
    Under Contract
    UPDATED: 56 min ago
    $499,999
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,788
      SQFT
    • $280
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Amazing Opportunity to own one of the most desirable areas of Morro Bay, this property has so much upside potential including the possibility of combining with the corner property 495 Morro Bay Blvd (MLS ID PI18003086) for your investment portfolio and/or development possibilities! Whether as a combined purchase or stand alone this is going to be the buy of the year for 2018, a couple blocks from the Embarcadero and the most strategic business location in Morro Bay. Please do not disturb tenants in any way, Thank you. Don't miss out on this property, call your Realtor today!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-19T13:30:23.087. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.pismohomes.com/homes/79733183

    845 Napa Avenue Morro Bay, CA 93442

    • Price: $499,999
    • Status: Active Under Contract
    • Updated: 56 min ago
    • ID#: PI18003081
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1,788
    SQFT
    $280
    $/SQFT
    Neighborhood:
    MRBY - Morro Bay
    County:
    San Luis Obispo
    Area:
    MRBY - Morro Bay
    Property Description
    Amazing Opportunity to own one of the most desirable areas of Morro Bay, this property has so much upside potential including the possibility of combining with the corner property 495 Morro Bay Blvd (MLS ID PI18003086) for your investment portfolio and/or development possibilities! Whether as a combined purchase or stand alone this is going to be the buy of the year for 2018, a couple blocks from the Embarcadero and the most strategic business location in Morro Bay. Please do not disturb tenants in any way, Thank you. Don't miss out on this property, call your Realtor today!
    Exterior Features

    Construction Materials Brick Lot Features Zero Lot Line Lot Size Source Appraiser Lot Size Units Square Feet Roof Flat

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Asset Class Retail Building Area Units Square Feet Building Status Existing Business Type Variety Cap Rate 3.50 Country Us Electric Standard Electric Expense 1614.51 Expense Year 2016 Gross Scheduled Income 23400.00 Insurance Expense 872.00 Land Use Retail Laundry YN No Leasable Area Units Square Feet Legal Accounting Expense 75.00 Maintenance Expense 300.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 17558.49 Number Of Units Leased 3 Operating Expense 5841.51 Professional Management Expense 2340.00 Property Sub Type Retail Real Estate Tax Expense 640.00 Special Listing Conditions Standard Tax Annual Amount 640.00 Tax Rate 13.00 Tax Year 2016 Total Expenses 5841.51 Utilities Cable AvailablePhone ConnectedSee RemarksSewer ConnectedWater Connected Water Source Public

    Listing provided courtesy of Kevin Jones of Realty Professionals.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-19T13:30:23.087. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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