2900 Alder Avenue 068192011 Morro Bay CA 93442 MLS #SC23211391

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.

Property Details

Price:
$850,000
MLS #:
SC23211391
Status:
Active
Baths:
0
Address:
2900 Alder Avenue 068192011
Type:
Land
Subdivision:
North Morro Bay 820
Neighborhood:
mrbymorrobay
City:
Morro Bay
Listed Date:
Oct 19, 2023
State:
CA
ZIP:
93442
Lot Size:
6,000 sqft / 0.14 acres (approx)

Schools

Interior

Exterior

Community Features
Sidewalks
Lot Features
Corner Lot, Rectangular Lot
View
Water
Water Source
Public

Financial

Association Fee
0.00
Buyer Agent Compensation
2.000
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available

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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

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2900 Alder Avenue 068192011
Morro Bay, CA