571 Embarcadero Road $75,000

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    571 Embarcadero Road Morro Bay, CA 93442

    • 0 Beds
    • 0 Baths
    • 400 sq. ft.
    • Business
    • MLS# 421540946
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    Views: 18 Days On Site: 58

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    Property Details

    A candy and ice cream store selling refreshments near the water. This store is located on the ocean side of the Embarcadero. The store has front street access with a breezeway that goes to the water. It has been candy and ice cream since Nov 2014. The Embarcadero is a favorite tourist destination in Morro Bay. Included in the sale are the FFE, leasehold improvements , goodwill, covenant not to compete, great location, lease. Equipment/Furniture/Fixture Value $ 36,500. Lease Hold improvements: $13,000. Lease amount : $900/mo. plus utilities which are $80 for water and $140 for electric. Inventory on hand included. 
 Sq ft: 400 Lease deposit $2000.
 Payroll : No employees Hours: Closed on Mon & Tues and Summer hours W TH 12-5 F -12-6 Sat 12-7 Sun 12-5 Winter hours - Open Fri, Sat, Sundays only Current Owner at this location since: 2016 Covenant Not to Compete: Yes Gross Income of $50K, Annual was for for part time operation.

    • General Features
      • Year Established 2014
      • Year Built 0
      • Special Listing Conditions None
      • Property Subtype 1 Business Opportunity
      • Lease Type Net
      • Lease Term Month to Month
      • County San Luis Obispo
      • Business Type Ice Cream/Frozen Yogurt
      • Area District 11701
    • Building Features
      • Full Bathrooms 0
      • Half Bathrooms 0
      • Location Commercial,Mid Block,Restaurant Nearby,Shopping Center Nearby
      • Total Parking Spaces 0
      • Three Quarter Bathrooms 0
      • Stories 0
      • Square Footage 400
      • Sewer Public Sewer
      • Water Source Error: ClassID in tblMLSFieldPropertyType is null.
      • Seating Capacity 0
    • Property Features
      • Lot Features Error: ClassID in tblMLSFieldPropertyType is null.
      • Lot Size Square Feet 0
      • Parking Features Street

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    Neighborhood

    93442 (Morro Bay) Demographics

    50 Median Age
    247 Population Density (per sq. mile)
    45% College Educated
    $54,807 Estimated Median Income
    2,860 Estimated Total Home Owners
    2,371 Estimated Total Renters
    55% / 45% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    11,092 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    31 New On Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $75,000
        5/1/2021 12:22:03 PM Status Changed Source: Multiple Listing Service New Value: Pending
        4/21/2021 7:22:00 PM New in Database Source: Multiple Listing Service New Value: $75,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.