$1,400,000
$1,625,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
8,810 Sqft Lot
SOLD DATE : 10/26/2023
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SC23122152
Sold Date 10/26/23
Bedrooms 1
HOA Y/N No
Lot Size 8,810 Sqft
Property Description
Entertain, Live, Play in the very heart of downtown Morro Bay at the beautiful Bay Theatre! The 800 sqft one bedroom apartment, the two-car garage, the additional 520 sqft open space above the garage (possible office rental), and the keystone feature - the 314 seat Bay Theatre - are all ready for new ownership. Originally built by the Army Corp of Engineers in 1942, the current ownership for the past 38 years has been a marvelous steward of this "Rock" solid beauty. Very well maintained and cared for, everything is in place to take advantage of multiple income streams, including the apartment, which can be used as a long-term or short-term vacation rental.
Entertain, Live, Play in the very heart of downtown Morro Bay at the beautiful Bay Theatre! The 800 sqft one bedroom apartment, the two-car garage, the additional 520 sqft open space above the garage (possible office rental), and the keystone feature - the 314 seat Bay Theatre - are all ready for new ownership. Originally built by the Army Corp of Engineers in 1942, the current ownership for the past 38 years has been a marvelous steward of this "Rock" solid beauty. Very well maintained and cared for, everything is in place to take advantage of multiple income streams, including the apartment, which can be used as a long-term or short-term vacation rental.
Location
State CA
County San Luis Obispo
Area Morro Bay (93442)
Zoning Assessor
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Frankie Ciano • Compass
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