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781 Market Ave | Morro Bay CA | 7200312593

Stephen Mccarty

This listing was posted on RealtyWW.

$3,890,000

Plot For Sale In Morro Bay, California

Price:
$3,890,000
Location:
781 Market Ave, Morro Bay, CA
Description:

Seeking Buyer/Lessor to develop a hospitality property delivering tax generating benefits on City-owned property. The City is offering this property to a Lessor/Buyer with the intent they develop a hospitality project generating on-going TOT (Transient occupancy tax). The zoning allows for a wide range of tourist service uses; Zoned C-VS/PD/S.4 (existing restaurant and parking lot) and C-VS/PD/S.3/S.4 (upper parking lot). The project sits partially on the Embarcadero, the main tourist area in Morro Bay. The balance of the property rises up and sits on the bluff overlooking the Embarcadero and Morro Bay. Subject property is +/- 1.60 Acres. Call listing agent for showing instructions. Pre-approval required for touring property. Purchase Price: $3, 890, 000 per most current appraisal, 2021. Call for more details.For more details: https://realtyww.info/land-lots_morro-bay-d525615/for-sale_i69289786
Property Type:
Land for Sale
For sale by:
Agent/Broker
Posted:
March 11 on RealtyWW
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More About this Listing: Plot For Sale In Morro Bay, California
Plot For Sale In Morro Bay, California is a Land for Sale at 781 Market Ave in Morro Bay CA. Find other listings like Plot For Sale In Morro Bay, California and listings near 781 Market Ave by searching Oodle Classifieds for Land for Sale in Morro Bay CA.