• 2900 Alder Avenue Morro Bay, CA 93442

  • $850,000
  • 0
    Sq Ft
  • 6000
    Sqft
  • Listed By: Aaron Graves, EverlyGrove, DRE #01787901
  • Source: CRMLS

EVERLYGROVE HOTEL BROKERS is pleased to announce the opportunity to acquire the fee-simple interest in the land located at 2900 Alder Avenue. A 5 unit, single occupancy development has been approved by the city of Morro Bay. The approved plans include a 2,400 square foot building built upon a 6,000 square foot lot. 2900 Alder Avenue has a base zoning of Neighborhood Commercial allowing the property to be developed in various ways. Neighborhood Commercial is defined by the city of Morro Bay as the following: This district is intended to provide areas for smaller-scale neighborhood commercial areas that provide goods, services, and businesses to meet the day-to-day needs of nearby residents. Residential uses are allowed above and behind commercial uses and as stand-alone development in certain areas. This property could be developed into the following: - Hotel/Motel/ADUs (currently approved for this use by city of Morro Bay) - Restaurant - Tasting Room - Offices *Please note that this is not an exhaustive list of development opportunities for 2900 Alder Ave. Please check with the city of Morro Bay for full details.

Property Type :

Land

Subdivision :

Fallbrook

County :

San Luis Obispo

Style :

Land

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Property Details

 

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1377

Lot Size Source: Assessor

Lot Size Square Feet: 6000

Listing Price Information

Original List Price: 850,000

Listing Contract Date: 2023-10-19

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 068192011

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: MRBY - Morro Bay

Directions: FROM NORTH: Take Highway 1 South to Jacinto Street, turn left. Lot is on the Left. FROM SOUTH: Take Highway 1 North to Jacinto Street, turn right. Lot is on the Left.

Zoning: R1

Source Property Type: Land

Area: MRBY - Morro Bay

Building and Construction

Year Built Source: Vendor Enhanced

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ByOwner last updated this listing 05/06/2024 @ 09:25

MLS: SC23211391
LISTED BY: Aaron Graves, EverlyGrove
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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