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Ariel Location of Development Site for Sale Morro Bay

+/- 1.60 Acres for Sale or Lease: Morro Bay City Core Hospitality Development Site

Seeking Buyer/Lessor to develop a hospitality property delivering tax generating benefits on City-owned property. The City is offering this property to a Lessor/Buyer with the intent they develop a hospitality project generating on-going TOT (Transient occupancy tax). The zoning allows for a wide range of tourist service uses; Zoned C-VS/PD/S.4 (existing restaurant and parking lot) and C-VS/PD/S.3/S.4 (upper parking lot). The project sits partially on the Embarcadero, the main tourist area in Morro Bay. The balance of the property rises up and sits on the bluff overlooking the Embarcadero and Morro Bay. Subject property is +/- 1.60 Acres. Call listing agent for showing instructions. Pre-approval required for touring property.

For Sale or Lease

$3,890,000 per most current appraisal, 2021
Kraker Office Building in San Luis Obispo

+/- 2,618 Gross Sq. Ft. Office: 641 Higuera Street, Suite 300, San Luis Obispo, CA

Excellent location offering a classic downtown San Luis Obispo office. Open office with lots of natural light and excellent views. Four offices, private kitchenette and corner open space plan. Access to open deck area. The +/- 2,618 sq. ft. suite includes +/- 654 sq. ft. of shared common area.

Leased

$1.55 sq. ft., NNN (~$0.50 NNN), per month