780 Market Ave - Hospitality FOR SALE


Morro Bay, CA 93442- Morro Bay/Cayucos/Cambria
$7,900,000 USD
805-704-0334
780 Market Ave, Morro Bay, CA for Sale
$7,900,000 USD
Hospitality - FOR SALE
1/17
null | 6.4% Cap Rate

780 Market Ave
Morro Bay, CA 93442
Morro Bay/Cayucos/Cambria


HIGHLIGHTS

  • Ocean Views
  • Turn Key Property
  • Walking distance to Morro Bay attractions

OVERVIEW

EVERLYGROVE HOTEL BROKERS is pleased to announce the opportunity to acquire the fee-simple interest in The Landing in Morro Bay, CA. Within a thriving San Luis Obispo coastal locale with many attractions, the 27-key, 9,767-square-foot hotel is established on 0.53 acres in San Luis Obispo County, California. Please contact broker to make an appointment, do not go to property unannounced.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$809 USD /SF

# OF ROOMS

27

PRICE/ROOM

$292,593 {currency}

CAP RATE

6.4%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Landing At Morro Bay

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1942

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

60

APN/PARCEL ID

066-112-006

ASK ABOUT THIS PROPERTY

Aaron GravesEverlyGroveMore Info
805-704-0334

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Aaron GravesEverlyGroveMore Info
805-704-0334

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.