205 Harbor Street, Morro Bay, CA 93442

$1,295,000
List Price
$1,295,000
Status
ACTIVE
MLS#
PI20075067
Lot Size
17,000
Acres
0.3903
Lot Location
Gentle Sloping, Lot 10000-19999 Sqft
Days on Market
42
Property Type
Land
Builders Tract Code
Embarcadero(750)
Neighborhood
Embarcadero(750)

Property Description

Site for construction of a new 30 unit hotel on the bluff above Morro Bay's Embarcadero, 18,600 sq ft of construction, plus parking for 33 vehicles. Project is on the site of the former Harbor View Hotel in Morro Bay, on six lots bounded by Harbor Street, Market Avenue, Front Street, and Pelican alley. The site features commanding views of Morro Rock and the Pacific Ocean, as well as the picturesque harbor at Morro Bay. Existing rentals produce approximately $4000 in monthly income (structures to be demolished at time of development). Project is not yet approved, but ready for CEQA/MND review.

Additional Information

Lot Description
Urban
View
Bay
Water
Public

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Listing courtesy of Steven Relth from Lee and Associates

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