You cannot find a replacement for this property on the Central Coast! Sheltered from ocean concerns, yet in deep water in Morro Bay, this property includes a waterfront building with fee land and a dock and 23 boat slips on a Morro Bay City water lease. The lots have 120 feet (+/-) of water frontage. The Buyer's assumption or newly drafted water lease includes a large pier, parking area and 23 boat slips. TWO waterfront homes can be added for a total of only $3,500,000!