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Rare opportunity, to own a retail/office investment property in downtown Morro Bay, for under $250,000. Owner financing is possible with 20% down as well. The current tenant is paying $1500 per month rent and is moving out on 09/15/2023. The commercial condo is for retail/office use only and only the 1st floor suite is available for sale. (Residential units above are not included) It is however equiped with a kitchenette, a small loft area and an ADA bathroom, with a shower. It is ideally located on a corner lot, with excellent street visibility.This would be a great retail or office location, with ample parking in the rear. Make an appointment today to view this must see property.
Listing agent: James Kelsey DRE #01354722 jim.kelsey1@gmail.com, Listing office: Century 21 Hometown Realty, Pismo Beach Office
MLS data updated 10/26/2026, 12:45:48 PM PT
Source: CRMLS, MLS #: PI23166554
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 28, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$249,000Closed sale · Sep 28, 2023ZIP 93442 · Sep 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.