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201 Main Street

Morro Bay, CA 93442
  • $3,550,000
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: SC26073592
UPDATED: 32 min ago
$3,550,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Listing Agent(s): Steve Davis of McCarty Davis, Inc. (805-543-1801) and Alyxandra Lemos of McCarty Davis, Inc.(805-543-1801)


Description

Unique water front property. 201 & 203 Main St. and the leasehold interest in Bay Front Marina in Morro Bay are available providing multiple income streams while also allowing the opportunity to own a residence on the waterfront. The property consists of 3 residences, 2 private offices, and +/- 28 boat slips. There is a large demand for boat slips in Morro Bay with virtually zero vacancy in the last 11 years.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-18T17:34:00.563. 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 deemed reliable but is not guaranteed accurate by the MLS or Equity Union. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/174886485
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201 Main Street Morro Bay, CA 93442

  • Price: $3,550,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 32 min ago
  • ID#: SC26073592
0
Beds
0
Baths
0
½ Baths
0.55
Acres
1970
Built
Neighborhood:
Harbor Tract(760)
County:
San Luis Obispo
Area:
MRBY - Morro Bay
Property Description
Unique water front property. 201 & 203 Main St. and the leasehold interest in Bay Front Marina in Morro Bay are available providing multiple income streams while also allowing the opportunity to own a residence on the waterfront. The property consists of 3 residences, 2 private offices, and +/- 28 boat slips. There is a large demand for boat slips in Morro Bay with virtually zero vacancy in the last 11 years.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Level Number Of Separate Electric Meters 0 Parking Total 1 Pool Features None Pool Private YN No Property Attached YN Yes Waterfront Features Bayfront

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features FishingWater Sports Electric Expense 15145 Fuel Expense 0 Garage YN Yes Gross Income 385800 Gross Scheduled Income 385800 Insurance Expense 19696 Land Lease Amount 58986.2 Land Lease YN Yes Laundry Features Inside Lease Term 12 Months Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Maintenance Expense 25908 Net Operating Income 219233 New Construction YN No New Taxes Expense 39050 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 166566 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3417 Water Sewer Expense 4928 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-18T17:34:00.563. 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 deemed reliable but is not guaranteed accurate by the MLS or Equity Union. Licensed in the State of California, USA.
 
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Equity Union
860 Walnut St. Ste C
San Luis Obispo CA, 93401
Listing Agent(s): Steve Davis of McCarty Davis, Inc. (805-543-1801) and Alyxandra Lemos of McCarty Davis, Inc.(805-543-1801)