2460 Main St - Health Care FOR SALE


Morro Bay, CA 93442- Morro Bay/Cayucos/Cambria
$6,900,000 USD
805-704-0334
2460 Main St, Morro Bay, CA for Sale
$6,900,000 USD
Health Care - FOR SALE
1/16
null | 7.12% Cap Rate


OVERVIEW

EVERLYGROVE HOTEL BROKERS is pleased to present the opportunity to acquire the Morro Bay Recovery Center, a 29-room hospitality property situated on ±1.3 acres in Morro Bay, California. Located along Main Street with convenient access to Highway 1, the property is positioned just minutes from the harbor, beaches, and the vibrant Embarcadero district. Originally built in 1953 and thoughtfully renovated, the asset spans four buildings and offers a well-maintained layout with on-site parking and additional operational components. The expansive site, strong visibility, and established infrastructure create flexibility for a variety of hospitality or specialty lodging concepts

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$652 USD /SF

CAP RATE

7.12%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Morro Bay Recovery

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,852 SF

ZONING

CT

APN/PARCEL ID

068-201-004

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 Notice.