1150-1154 Front St - Hospitality FOR SALE


Morro Bay, CA 93442- Morro Bay/Cayucos/Cambria
$4,750,000 USD
805-704-0334
1150-1154 Front St, Morro Bay, CA for Sale
$4,750,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

1150-1154 Front St
Morro Bay, CA 93442
Morro Bay/Cayucos/Cambria


OVERVIEW

EVERLYGROVE HOTEL BROKERS is pleased to present the opportunity to acquire the charming Bayfront Inn in Morro Bay, CA. This 16-key, 7,420-square-foot coastal asset is situated on a 0.14-acre lot in San Luis Obispo County, just steps from the Embarcadero. Originally built in 1963, the property is in good condition and offers a nostalgic beach-town experience. An on-site restaurant, currently leased to a third-party operator, provides additional rental income and enhances the guest experience. This location makes the property especially attractive to investors or owner-operators looking to tap into the vibrant tourism economy of one of California’s most beloved seaside communities.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$854 USD /SF

# OF ROOMS

16

PRICE/ROOM

$296,875 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bayfront Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,300 SF

ZONING

C1

APN/PARCEL ID

066-034-010

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.