Bunny Maxim

Your Central Coast Realtor
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.

Property Details

Price:
$3,890,000
MLS #:
SP21011224
Status:
Active
Baths:
0
Address:
781 Market Avenue 066321027
Type:
Land
Subdivision:
Embarcadero750
Neighborhood:
mrbymorrobay
City:
Morro Bay
Listed Date:
Jan 15, 2021
State:
CA
ZIP:
93442
Lot Size:
69,696 sqft / 1.60 acres (approx)

Schools

Interior

Exterior

Community Features
Biking, Dog Park, Fishing, Golf, Hiking, Park, Sidewalks
Lot Features
0-1 Unit/ Acre, Lot Over 40000 Sqft, Near Public Transit, Park Nearby
View
Bay, Coastline, Marina, Ocean, Panoramic, Park/ Greenbelt, Water
Water Source
Public

Financial

Association Fee
0.00
Buyer Agent Compensation
2.500

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Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…

More About Bunny
781 Market Avenue 066321027
Morro Bay, CA

When you think of Real Estate, think of Bunny Maxim and Expect the Best!

We specialize in Residential, Commercial, Lots/Land and Investment Property in the Central Coast of California including the following areas:

  • Santa Maria
  • Orcutt
  • Los Alamos
  • Lompoc
  • Buellton
  • Solvang
  • Santa Ynez
  • Nipomo
  • Arroyo Grande
  • Oceano
  • Grover Beach
  • Pismo Beach
  • San Luis Obispo
  • Paso Robles

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125 E. Clark Ave

Orcutt, CA 93455

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2665 Shell Beach Rd, Ste J

Pismo Beach, CA 93449

(805) 878-0807

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