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$ 1,425,000
Est. payment | /mo
0.41 Acres Lot
$ 1,425,000
Est. payment | /mo
0.41 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC24094886
HOA Y/N No
Year Built 1958
Lot Size 0.410 Acres
Property Description
Prime commercial property for sale in the heart of town, offering an exceptional investment opportunity. This 2,322 square foot building is situated on a substantial 17,860 square foot lot, strategically located in a high-traffic area with excellent footfall, making it ideal for various commercial uses. The property comprises two buildings currently occupied by well-established businesses: an Auto Mechanic and a Machine Shop, ensuring consistent rental income (note that businesses are not for sale). Recent upgrades include a new roof for the Machine Shop in 2019 and a refreshed front facade in 2018, enhancing both the aesthetic appeal and structural integrity of the property. This prime location, combined with the solid tenant base and recent improvements, presents a compelling proposition for investors looking to expand their real estate portfolio or for entrepreneurs seeking a prominent location for their next venture. Don't miss this unique opportunity to secure a highly desirable commercial property in a thriving community. For more information or to schedule a viewing, please contact your Realtor today!
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Interior
Fireplace No
Laundry None
Building
Lot Description Level
Story 1
Water Public
Others
Tax ID 066311015
Special Listing Condition Trust
Listed by Christopher Bath • Coast Realty • 805-801-0268