$489,000

Active

3250 Main Street, Morro Bay, CA 93442

Morro Bay  |  93442  |  Atascadero Beach

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 Street View

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0

Bed(s)

0

Bath(s)

1050

SqFt

2614

SqFt Lot

1953

Year Built

Mixed Use

Property


Description

 

Calling all investors, developers, and business owners! Don’t miss this opportunity to own this mixed use property Zoned commercial and residential. With many options for commercial application and residential options this property is a rare find in Morro Bay. Whether you are looking to building out the existing building and place your business there, or further develop the property to its fullest residential possibilities, this location has options. Located in North Morro Bay 300 Panay, also known as 3250 Main Street, is situated as one of the northern most commercial footprints in Morro Bay. With Highway 1 directly in front of the property you have exposure to the highly traveled Hwy 1 providing a potential business lots of curb exposure, not to mention being on a corner lot. Not only does it have great exposure for a business, but it also has an unobstructed peek a boo view of the ocean and has 6 city approved parking spaces. Want to really capitalize on the footprint? Potentially add a second story residence and enjoy wonderful unobstructed views of Morro Rock and the Pacific Ocean. Don’t miss this chance to own this fantastic property!

Aaron Young

Listing Agent

Richardson Properties

Listing Office


Atascadero Beach

Subdivision

Active

Status

9/29/2021

Made Public

68

Days Old

 Additional Details

Rooms

Laundry:
None
Other:
All Bedrooms Down

Utilities

Water Source:
Public
Sewer:
Public Sewer

Interior

Cooling:
None
Fireplace Features:
None

Exterior

View:
Ocean
Improvements:
0-1 Unit/Acre,Corner Lot,Near Public Transit

 Property History

Source

Event Date

Event

Status

Price

Price Change

COUNTY

1/1/1953

Built


PUBLIC

6/26/2015

Sold

$200,000


CRMLS

12/12/2018

Listed For Sale

$485,000


CRMLS

9/29/2021

Listed For Sale

$489,000

 Estimated Value

No Estimate - Insufficient Data

This estimate is an automated valuation, and should not be used to determine a final value on a property. For a more precise valuation, we recommend a CMA from a local and licensed real estate agent, or an appraisal from a local and licensed appraiser.

Additional Valuation Options

CMA

A comparative market analysis is an analysis conducted by licensed real estate agents to determine the value on a property that is being considered for sale or purchase. This analysis may include nearby properties that have recently sold, are pending sale, or are actively listed for sale. By considering the age, size, location, price, and quality of surrounding properties, a value of the subject property is determined. CMAs have the potential for bias since a real estate agent has a financial interest in the value that’s determined.

Appraisal

An appraisal is conducted by a licensed appraiser to determine the value of a subject property. It may include surrounding properties that have recently sold, are pending sale, or are actively listed for sale, and will consider the age, size, location, price, and quality of those properties to determine a value. It is a more thorough and systematic process than a CMA as an appraiser will generally survey the property, take measurements, and follow the specific guidelines of their governing body. An appraisal is considered more objective than a CMA as the appraiser is paid for the service of doing the appraisal, and does not have a financial interest in the value that’s determined.

 Subdivision Details

Atascadero Beach - Morro Bay, CA, 93442

Homes

934

Resiview

NA

Avg Age

41 yrs

Avg Sale (1yr)

$783,000

Avg Beds

3

Avg Baths

2

Avg Size

1412 ft²

Avg Lot

2400 ft²

This property has 3 less bedroom(s), 2 less bathroom(s), is 25.6% smaller, has a 8.9% larger lot, is 27 years older and is for sale for 37.5% less compared to the average for this subdivision.*

* Comparison based on data provided by listing agent (on active listings), public and private sources.

Nearby Subdivisions

Subdivision

Homes

Resiview

Avg Age

Avg Sale

Avg Beds

Avg Bths

Avg Size

Avg Lot

934

NA

41

$783,000

3

2

1412

2400


25

NA

43

$0

2

2

1080

1080


28

NA

29

$550,000

2

2

1206

1207


18

NA

35

$0

2

1.5

1050

1050


16

NA

39

$965,000

3

2

1968

1969


11

NA

16

3

3

2169

5654

 Mortgage & Costs Calculator

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 Nearby Schools

Rating

Name

Type

Grades

Distance


School data provided by GreatSchools.org

 Contact

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