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OFF-MARKET
Specialty properties

1130 Scott St Morro Bay, CA 93442

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Property summary
AI-generated overview

This unique Morro Bay property, located just two blocks from the Embarcadero, offers a compelling blend of residential and commercial opportunities. Priced at $2,200,000, the property features a modern industrial design and boasts breathtaking ocean views. The building comprises three levels: a ground floor with two commercial spaces – a two-car garage and a 253 square foot storefront, both equipped with custom glass roll-up doors and sharing an ADA-compliant bathroom. The second floor encompasses a luxurious one-bedroom, one-bathroom residence. This home includes an open-concept living area, custom bamboo cabinetry, a leathered granite kitchen island, and a floor-to-ceiling moving glass wall system offering stunning views of Morro Rock. The kitchen is equipped with premium JennAir Noir appliances, including a built-in coffee/cappuccino maker, double oven, and built-in refrigerator. Finally, a third-floor rooftop deck, enclosed by sleek glass balustrades, provides panoramic views extending from Cayucos to Montana De Oro. This exceptional property presents a rare chance to own a mixed-use asset in a highly desirable coastal location, combining prime commercial space with upscale residential living. The property is situated at 1130 Scott Street, Morro Bay, CA 93442, in San Luis Obispo County.

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Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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