Listed by Paul Buschur with Buschur Realty

1199 Main Street

Morro Bay, CA, 93442

$1,499,000

$428 per ft²
$1,499,000
$428 per ft²
Active
Active
 - For Sale
carpenters-square
3,500 ft²
property_type
Multi-family
calendar
Built 2003
This is a Morro Bay, One of a kind, Mixed-Use Duplex in a fantastic location. This Commercial / Residential property is in excellent condition and offers the owner many options. Consisting of 1197 and 1199 Main St, you can live and work or operate both units as long or short term rentals, or many other options. 1199 Main St is a commercial Property of appx 1500 sf with domestic privileges and registered as a short-term rental. It has a large kitchen, a large bathroom and multiple sleeping areas. It has a beautiful living room area with a gas fireplace and a large secondary room which can be used for living or for a garage. There are a total of 7 off street parking spaces. 1197 Main has its entry on Surf street and is appx 2000 sf. On the lower lever it has a large kitchen, bedroom/office, large bathroom and laundry area. The upstairs has 2 bedrooms, a living room, a family room and a 2nd bathroom. It also has a deck that overlooks Morro Bay and the Rock. Property has incredible income potential as an Airbnb. Owner says rates of $500-700 per night per unit based on his research. Buyer to verify. Call your agent today to schedule an appointment to see this today.
MLS® ID:
SC22227713
Listed:
10/21/22
Updated:
3/31/23
Compass
Weber Team Real Estate
Mobile: (805) 550-6405Email: sarah@weberteam.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Inside

Exterior/Building Features

Lot Size
6,970 ft² lot
Lot Details
Corner Lot
Sewer
Public Sewer

Other Property Details

Area Name
MRBY - Morro Bay
Association Amenities
Biking, Foothills, Fishing, Golf, Hiking, Park, Street Lights, Sidewalks, Water Sports
Garage
Yes
Garage Spaces
1
Parking
7
Parking Total
7.0
View
N
County
San Luis Obispo
Water Source
Public
Pool
No
Pool Description
None
Zoning
C1
Buyer Agency Compensation
2.500

Property History

Date
Event
Price
Value
11/13/22
Price Change
$1,899,000
-5%
1/9/23
Price Change
$1,799,000
-5%
2/8/23
Price Change
$169,900
-90%
2/8/23
Price Change
$1,699,000
1000%
3/11/23
Price Change
$1,499,000
-11%

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/31/23. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/31/23 at 12:23 AM UTC

Compass
Weber Team Real Estate
Mobile: (805) 550-6405Email: sarah@weberteam.com
Contact