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131 N. Ocean Avenue

Cayucos, CA 93430

(805) 550-5211

leenkathy@att.net

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PRICE $4,000,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 23,959 sqft

Own water front property on The Central Coast! 100% occupied! Marina with 30 boat spaces, 3 Houses and a Commercial office. This property literally runs itself with zero employees. Easier than a car wash or laundry. Covid has been no issue for this business, All rents have been paid for the past eight years. At four million it's an easy 5 cap and possibilities are endless for extra income if someone wants to make an effort. The water underneath is leased from the City of Morro Bay with 12 years left on current lease and a 20 year option. A great cash business that won't be on the market long.

DAYS ON MARKET 34 LAST UPDATED 3/12/2021
YEAR BUILT 0 COMMUNITY MRBY - Morro Bay
COUNTY San Luis Obispo STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
APPLIANCES Dryer, Washer
AREA MRBY - Morro Bay
LOT 0.55 acre(s)
LOT DESCRIPTION 0-1 Unit/Acre, Sloped Down
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by : Dean Marchant CalDRE: 01064170, Morro Shores Real Estate

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