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Industrial Land with Workshop
For Sale
$695,000
Pending

1140 Allesandro Street, Morro Bay, CA 93442

Corner-positioned industrial parcel includes a workshop with utility connections and two roll-up doors.

Property SizeContact for details
Days on Market550

Property Features for 1140 Allesandro Street

General Information

Standard status Pending
Property subtype Lot/Land
Listing Agency: BHGRE HAVEN PROPERTIES
Listed By: Monica King · License #01229478
Source: Compass
Added: Feb 26, 2025 Changed: Aug 29 Last Checked: Aug 29 at 2:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHGRE HAVEN PROPERTIES

Investment Insights

Based on property information with market context.

This industrial land property comprises a 10,890 square foot corner parcel with a 1,200 square foot workshop. The building includes two large roll-up doors, 200 amp 3 phase electrical service, a new TPO membrane roof, water plumbing, and a new sewer line serving 6 clean outs. Natural gas is available on site.

The property is across from the State Park and bordered by Allesandro St, Bella Vista Dr and Morengo Dr. Current zoning is Industrial. The seller has preliminary city approval for a mixed-use residential/commercial subdivision containing 5 residential units. Buyers are to verify current and future permitted uses.

Key Highlights

  • 10,890 square foot industrial land parcel on a corner lot
  • 1,200 square foot workshop with two large roll‑up doors
  • 200 amp 3 phase electrical service and new TPO membrane roof

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tech Support Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 93442, CA

11,390
Population
6,537
Households
1.7
Avg Household Size
54
Median Age
45%
College-Educated
93%
High-School Grad
44.5 sq mi
ZIP Area
256
Density / Sq Mi
$92,163
Median Household Income
$50,651
Median Earnings
$1,815
Median Rent
$870,600
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Corner-positioned industrial parcel includes a workshop with utility connections and two roll-up doors.
Where is this industrial land located?
The property is located at 1140 Allesandro Street Morro Bay, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 10,890 square foot industrial land parcel on a corner lot; 1,200 square foot workshop with two large roll‑up doors; 200 amp 3 phase electrical service and new TPO membrane roof
More about this property
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