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300 Panay St
Morro Bay, CA 93442
3250 Main Street Morro Bay CA 93442 · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,050 SF
Building Class
C
Year Built
1953
Building Height
1 Story
Building FAR
0.40
Lot Size
0.06 AC
Zoning
R4 Multi Use Comm/Res - Zoned MCR allowing for mixed commercial and residential.
Parking
6 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
61’ on Hwy 1

ABOUT 300 PANAY ST , MORRO BAY, CA 93442

Also known as 300 Panay St Morro Bay. Zoned R4 Multi Use Commercial Residential Property. This property is located in North Morro Bay on the corner of Main Street and Panay Street. The property has great exposure, easy access and visibility from Highway 1 and Main Street. There are white water ocean views from the existing ground level building. There are wonderful ocean and Morro Rock views available from potential second story improvements. Envision your concept for this property as it has great potential for future development. Check with the Morro Bay Planning for development options. You can put your business in this great location now and develop your plans for the future. This property is currently occupied by a successful retail business and would be an excellent location for your new prospective business. The existing building would also be a good rental income opportunity. The building on site is functional and has a new roof added 3 years ago. There is good onsite off street parking in front of the building on Main Street and on the side of the building on Panay Street. Part of the building is currently set up for retail and customer service and part of the building is for storage and workshop for the business. Not included in the sale of this property is the business, all fixtures, display cases, tools, inventory and any and all personal property. The purchase of the shed on the property is negotiable. Call your Realtor today to view this awesome property!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
065-052-001
Land Assessment
$265,302
Improvements Assessment
$277,241
Total Assessment
$542,543
  • Listing ID: 14689377

  • Date on Market: 12/21/2018

  • Last Updated:

  • Address: 300 Panay St, Morro Bay, CA 93442

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