1199 Main Street, Morro Bay, CA 93442
- $1,149,000
- 3,500
- SqFt
- List Price
- $1,149,000
- Price Change
- ▼ $30,000 1600913257
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- SC20173407
- Year Built
- 2003
- Living Sq. Ft
- 3,500
- Lot Size
- 6,970
- Acres
- 0.16
- Lot Location
- 0-1 Unit/Acre, Corner Lot
- Days on Market
- 147
- Property Type
- Multifamily
- Property Sub Type
- Commercial/Residential
- Stories
- Two Levels
- Builders Tract Code
- Town of El Moro(680)
- Neighborhood
- Town Of El Morro(830)
Property Description
Highly desirable downtown Morro Bay One of a kind Mixed-Use Duplex in a fantastic location. This Com/Residential property is very special. The Commercial space opens to Main Street and the Residential portion opens on Surf St. The residence has a Vacation Rental Permit. Approx. 3500 sq. Ft, 7 parking spots & 2 separate addresses.1199 Main St.=commercial unit, approx. 1500 sq.ft.Boasts a beautiful rustic Teak front door, cathedral ceilings & custom stained-glass ceiling dome. Open & airy entry bar top counter, wood laminate & tile floors throughout, lots of light. New paint, recessed & track lighting, gas fireplace, Hawaiian doors, ADA compliant bathroom. Garage space; window paneled garage door, small private office & pass- through. All wired for cable, in-wall speakers, media cabinet. 1197 Main St. = the residence, 3 bedrooms & 2 baths, approx. 2000 sq. ft. Downstairs; entryway, kitchen/dining room, full bathroom w/jetted tub, laundry room & private bedroom w/ its own entrance. Upstairs boasts ocean & Morro Rock views, deck. Upstairs, a petite bathroom w/ toilet, sink & shower, family room, & a beautiful Master bedroom. The Master has the most amazing custom stained glass window of Morro Rock. This is a great opportunity to own a Custom Retreat and Income Property for your 1031 Exchange! All information provided is thought to be from reliable sources, Buyer to verify all information prior to purchase. Accepting backup offers
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Additional Information
- Lot Description
- Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s), Wired for Alarm System, Biking, Curbs, Watersports, Street Lights
- Other Buildings
- Shed(s)
- Pool Description
- None
- Heat
- Central, Zoned, Forced Air, Natural Gas, Fireplace(s)
- View
- City Lights, Landmark, Mountain(s), Ocean, Peek-A-Boo
- Exterior Construction
- Drywall Walls, Ducts Professionally Air-Sealed, Steel
- Patio
- Yes
- Roof
- Metal
- Garage Spaces Total
- 7
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $80,000
- Operating Expense
- 26400
- Unit One Total Units
- 1
- Unit One Beds
- 3
- Unit One Baths
- 2
- Unit One Pro Forma
- 44000
- Unit Two Total Units
- 1
- Unit Two Baths
- 1
- Unit Two Pro Forma
- 36000
- Unit Two Furnished
- Unfurnished
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Listing courtesy of Lisa Mia from BHGRE HAVEN PROPERTIES
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.