1598 Main St
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1598 Main St
4,400 SF Retail Building Morro Bay, CA 93442 £2,190,860 (£498/SF)
Investment Highlights
- High traffic corner next to Hwy 1 and the Hwy 46 intersection
- Features a sales counter, display area, large showroom, private offices, workshop and storage
Executive Summary
Prime Retail Investment Property - Fully Leased Investment on the Central Coast. The property is fully leased to Central Coast Carts and is located on the south east corner of Preston Lane and Main Street in Morro Bay a high traffic corner next to Highway 1 and the Highway 46
intersection. The building features a nice front sales counter and display area, large showroom, private offices, workshop for repairs with plenty of storage and room for expansion. It is one of the few places in Morro Bay you can purchase propane.
intersection. The building features a nice front sales counter and display area, large showroom, private offices, workshop for repairs with plenty of storage and room for expansion. It is one of the few places in Morro Bay you can purchase propane.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,400 SF
Building Class
C
Year Built
1949
Price
£2,190,860
Price Per SF
£498
Tenancy
Single
Number of Floors
1
Building FAR
0.24
Land Acres
0.42 AC
Zoning
M1 - The property is zoned M1. Manufacturing with the ability to have retail sales.
Parking
20 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 068-291-055 | Improvements Assessment | £271,171 |
| Land Assessment | £163,750 | Total Assessment | £434,920 |
PROPERTY TAXES
Parcel Number
068-291-055
Land Assessment
£163,750
Improvements Assessment
£271,171
Total Assessment
£434,920
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Keith Simon -
Simon Commercial Real Estate Services
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1598 Main St
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