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29998556
30867269

225 Harbor St, Morro Bay, CA 93442 For Sale

AG
CA 01787901
EverlyGrove Hotel Brokers
Listed by EverlyGrove Hotel Brokers
$5,500,000
141 days on market
Updated 32 days ago

Bay View Inn

Details
APN 066-053-002
Property Type Hospitality
Sub Type Hotel
Keys 23
Pro-Forma Cap Rate 6.12%
Pro-Forma NOI $336,819
Year Built 1960
Year Renovated 2015
Buildings 1
Stories 2
Acreage 0.380

Hospitality | 23 Keys | $239,130/key

Marketing description

EVERLYGROVE HOTEL BROKERS is pleased to present the opportunity to acquire the Bay View Inn in Morro Bay, California. This 23-room coastal property is centrally located just steps from the harbor and Embarcadero, placing guests within walking distance of the town’s vibrant waterfront shops, restaurants, and iconic Morro Rock. Known for its charming small-town atmosphere, year-round tourism, and access to outdoor activities including kayaking, fishing, and hiking, Morro Bay has become a sought-after destination along the Central Coast. The Bay View Inn offers investors or owner-operators the chance to establish a presence in this thriving market with a well-positioned hospitality asset that benefits from both steady leisure travel and the area’s enduring appeal as a seaside getaway.

Listing Contacts

AG
CA 01787901
EverlyGrove Hotel Brokers
Listed by EverlyGrove Hotel Brokers

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Additional Information

Name
Aaron Graves
License
01787901
Brokerage
Everlygrove
Brokerage Phone
8057040334
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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