EVERLYGROVE HOTEL BROKERS is pleased to announce the opportunity to acquire the fee-simple interest in the land located at 2900 Alder Avenue. A 5 unit, single occupancy development has been approved by the city of Morro Bay. The approved plans include a 2,400 square foot building built upon a 6,000 square foot lot. 2900 Alder Avenue has a base zoning of Neighborhood Commercial allowing the property to be developed in various ways. Neighborhood Commercial is defined by the city of Morro Bay as the following: This district is intended to provide areas for smaller-scale neighborhood commercial areas that provide goods, services, and businesses to meet the day-to-day needs of nearby residents. Residential uses are allowed above and behind commercial uses and as stand-alone development in certain areas. This property could be developed into the following: - Hotel/Motel/ADUs (currently approved for this use by city of Morro Bay) - Restaurant - Tasting Room - Offices *Please note that this is not an exhaustive list of development opportunities for 2900 Alder Ave. Please check with the city of Morro Bay for full details.
MLS #
CRSC23211391
MLS Source
California Regional MLS
Days on Site
192
Buyer's Brokerage Compensation*
2.00%
HOA Fee
$0
Zoning
PRKG, LSR
2900 Alder Ave is in Morro Bay, CA 93442. This Land is currently priced at $850,000.
This address can also be written as 2900 Alder Ave, Morro Bay, CA 93442.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of January 22, 2024. For the most current information, please contact Aaron Graves, (805) 704-0334