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 variousways. Neighborhood Commercial is defined by the city of Morro Bay as the following: This district is intended toprovide areas for smaller-scale neighborhood commercial areas that provide goods, services, and businesses tomeet the day-to-day needs of nearby residents. Residential uses are allowed above and behind commercial usesand 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 withthe city of Morro Bay for full details.
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 variousways. Neighborhood Commercial is defined by the city of Morro Bay as the following: This district is intended toprovide areas for smaller-scale neighborhood commercial areas that provide goods, services, and businesses tomeet the day-to-day needs of nearby residents. Residential uses are allowed above and behind commercial usesand 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 withthe city of Morro Bay for full details.