1598 Main StMorro Bay, CA 93442

Property Details for 1598 Main St

Property size (Sq ft)

4,400 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional Morro Bay retail investment presents a compelling opportunity. Located at 1598 Main St, Morro Bay, CA 93442, this 4,400 square foot storefront sits on a 18,295 square foot lot at the high-traffic southeast corner of Preston Lane and Main Street, offering excellent visibility from Highway 1 and the Highway 46 intersection. Currently 100% occupied under a gross lease with a corporate-guaranteed tenant, Central Coast Carts, with a remaining lease term of 2 years, this property provides immediate cash flow. The asking price is $2,800,000, translating to a price per square foot of $636.36. The building boasts a well-designed layout including a prominent sales counter and display area, a spacious showroom, private offices, a dedicated workshop for repairs, ample storage, and potential for future expansion. A unique feature is its status as one of the few propane retailers in Morro Bay. This property is situated in San Luis Obispo County and benefits from its prime location in a high-traffic area, making it an attractive investment for those seeking a stable, income-generating asset in a desirable coastal California market. The single-unit building offers a straightforward investment with a strong tenant and significant potential for long-term growth.

Location Insight

City

Morro Bay

County

San Luis Obispo

State

California

Latitude

35.3773

Longitude

-120.854

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.