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845 Napa Avenue

Morro Bay, CA 93442
  • $850,000
  • STATUS: Pending
  • ON SITE: 32 Days
  • ID#: NS26133900
Pending
UPDATED: 45 min ago
$850,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1965
County:

School Ratings & Info

Listing Agent(s): Kim Phillips of Central Coast Sotheby's International Realty (805-781-6040)


Description

Rare investment opportunity in the heart of downtown Morro Bay, one of California's most desirable coastal communities. Ideally positioned just moments from the Embarcadero, waterfront, boutique shopping, restaurants, galleries, and everyday conveniences, this prime commercial property enjoys excellent visibility and steady year round foot traffic.The building consists of three separate suites, each with its own entrance and occupied by established tenants, providing immediate income potential. Five dedicated parking spaces offer added convenience, along with nearby street parking. The property also presents the opportunity for future expansion, creating additional value and flexibility for investors.Whether you are seeking a stable income producing asset, long term appreciation, or a strategic investment in a thriving coastal market, this property offers a rare opportunity in one of the Central Coast's most sought after downtown locations. Please do not disturb tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-21T00:28:13.74. 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/177940305
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845 Napa Avenue Morro Bay, CA 93442

  • Price: $850,000
  • Status: Pending
  • On Site: 32 Days
  • Updated: 45 min ago
  • ID#: NS26133900
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1965
Built
Neighborhood:
MRBY - Morro Bay
County:
San Luis Obispo
Area:
MRBY - Morro Bay
Property Description
Rare investment opportunity in the heart of downtown Morro Bay, one of California's most desirable coastal communities. Ideally positioned just moments from the Embarcadero, waterfront, boutique shopping, restaurants, galleries, and everyday conveniences, this prime commercial property enjoys excellent visibility and steady year round foot traffic.The building consists of three separate suites, each with its own entrance and occupied by established tenants, providing immediate income potential. Five dedicated parking spaces offer added convenience, along with nearby street parking. The property also presents the opportunity for future expansion, creating additional value and flexibility for investors.Whether you are seeking a stable income producing asset, long term appreciation, or a strategic investment in a thriving coastal market, this property offers a rare opportunity in one of the Central Coast's most sought after downtown locations. Please do not disturb tenants.
Exterior Features

Entry Level 1 Lot Features 2-5 Units/AcreLevelNear ParkNear Public TransitPavedStreet Level Roof Flat

Property Features

Additional Parcels YN No Common Interest None Community Features Park Gross Scheduled Income 46714.68 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Number Of Units Leased 3 Property Sub Type Mixed Use Special Listing Conditions Standard Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Zoning C1



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-21T00:28:13.74. 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): Kim Phillips of Central Coast Sotheby's International Realty (805-781-6040)