201 Main St

4
Baths
4,457 Sq. Ft.
$796 / Sq. Ft.
4,457
Sq. Ft.
$796
per Sq. Ft.

Description

Unique water front property. 201 & 203 Main St. and the leasehold interest in Bay Front Marina in Morro Bay are available providing multiple income streams while also allowing the opportunity to own a residence on the waterfront. The property consists of 3 residences, 2 private offices, and +/- 28 boat slips. There is a large demand for boat slips in Morro Bay with virtually zero vacancy in the last 11 years.Unique water front property. 201 & 203 Main St. and the leasehold interest in Bay Front Marina in Morro Bay are available providing multiple income streams while also allowing the opportunity to own a residence on the waterfront. The property consists of 3 residences, 2 private offices, and +/- 28 boat slips. There is a large demand for boat slips in Morro Bay with virtually zero vacancy in the last 11 years.
  1. Listed by Steve Davis • DRE #01843738 • Brokerage DRE #01240829 • McCarty Davis, Inc. • 805-704-5727
  2. Listed by Alyxandra Lemos • DRE #02157395 • Brokerage DRE #01240829 • McCarty Davis, Inc.

Property Details for 201 Main Street

Parking Spaces Total
1
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
4457
Assessor Parcel Number
066251025
Property Attached YN
true
LISTING UPDATED: 04/08/2026 03:15 AM

Property Details for 201 Main Street

StatusActive
MLS #SC26073592
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeResidential Income
Year Built1970
Lot Size0.55 AC / 23,995 SF
CountySan Luis Obispo County

Location

Listing Courtesy of McCarty Davis, Inc., Steve Davis, DRE #01843738; McCarty Davis, Inc., Alyxandra Lemos, DRE #02157395
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Building Information for 201 Main Street

Stories2Residences-Year Built1970Building Size-Lot Size0.55 AC / 23,995 SF

Payment Calculator

$19,938 per month

30 year fixed, 6.46% Interest

Principal and Interest

$17,876

Property Taxes

$2,062

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 201 Main Street

Rental Info
Rental Info
  • Lease Term: 12 Months
Income / Expense / Tax Details
Income Details
  • Gross Income: $385,800
  • Gross Scheduled Income: $385,800
  • Net Operating Income: $219,233
Expense Details
  • Operating Expense: $166,566
  • New Taxes Expense: $39,050
  • Fuel Expense: $0
  • Electric Expense: $15,145
  • Insurance Expense: $19,696
  • Maintenance Expense: $25,908
  • Professional Management Expense: $0
  • Trash Expense: $3,417
  • Water Sewer Expense: $4,928
  • Total Expenses: $166,566
Community / Development
Community / Development
  • Community Features: Watersports, Fishing
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: 1
  • Waterfront Features: Bay Front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 5
  • Land Lease: Yes
  • Land Lease Amount: $58,986
  • Land Lease Type: Lease
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Harbor Tract
  • Builders Tract Code: Harbor Tract(760)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,650
  • Unit Type Total Rent: $2,650
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $600
  • Unit Type Total Rent: $600
  • Unit Type Pro Forma: 600
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 900
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 201 Main Street

DateEvent & SourcePriceAppreciation
Apr 6, 2026

Listed (Active)

CRMLS #SC26073592

$3,550,000—
Dec 31, 2025

Listed (Active)

CLAW #SC26073592MR

$3,550,000—
Jul 7, 2021

Permanently Off Market

SDMLS #SC21052512

—
DateEvent & SourcePrice
04/06/2026

Listed (Active)

CRMLS #SC26073592

$3,550,000
12/31/2025

Listed (Active)

CLAW #SC26073592MR

$3,550,000
07/07/2021

Permanently Off Market

SDMLS #SC21052512

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 201 Main Street

Taxable ValueLand$1,804,053Additions$440,401Total$2,244,454
Tax Record2025$24,739 ($2,062 / month)
Home Facts
Lot Size23,995 SqFtStyleStoresZoningWFCountySAN LUIS OBISPOAPN066-251-025

Schools near 201 Main Street

This home is within San Luis Coastal Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Del Mar Elementary School
PublicK to 5

Los Osos Middle School
Public6 to 8

Morro Bay High School
Public9 to 12

Pacheco Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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201 Main Street is a mixed use property for sale in Morro Bay, CA 93442. This property was listed for sale on December 31, 2025 by McCarty Davis, Inc., it's currently listed at $3,550,000. This listing's school district is San Luis Coastal Unified School District. Nearby schools include Del Mar Elementary School, Los Osos Middle School and Morro Bay High School. 201 Main Street is a 6-bed, 4-bath, 4,457 sqft mixed use property built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of McCarty Davis, Inc., Steve Davis, DRE #01843738; McCarty Davis, Inc., Alyxandra Lemos, DRE #02157395

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS and North Santa Barbara County Regional MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS and North Santa Barbara County Regional MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.