Morro Bay CA Real Estate & Commercial for Sale

This can be your opportunity to purchase 12 residential apartment units and a rentable storage garage in Morro Bay just blocks from the beach. This is a single level building that requires low maintenance, has a shared laundry facility, a dedicated carport parking space for 11 of the 12 units, and it's incredibly convenient location, make this complex desirable for owners and tenants alike. The complex is in close proximity to parks, trails, restaurants, a gas station, grocery stores, schools, and public transportation, which makes it easy for residents to enjoy the Central Coast lifestyle. Monthly income has remained steady and predictable for years, as these units rent very quickly. There are eleven studio apartments and one 1-bedroom apartment in the complex, and there is also an additional, rentable garage unit (currently rented), which combine to generate solid monthly revenue across these 13 units. Each residential unit is equipped with a separate kitchen, medium-sized refrigerator, range oven, full bathroom, beam ceiling, and a wall heater. Zoned Commercial-Visitor Serving (C-VS) but fully occupied with long-term tenants, this conveniently located parcel sits on Atascadero Road within the city limits of Morro Bay, providing easy access to Highway 41, Highway 101, and scenic Highway 1. Buyers seeking a well located, turnkey income opportunity can look forward to years of successful ownership, while opportunities abound for those considering redevelopment in the near or distant future. As always, please check with Morro Bay Community Development for zoning and building allowances, and act fast. Easy, multi-unit complexes like this one don't last long!

This can be your opportunity to purchase 12 residential apartment units and a rentable storage garage in Morro Bay just blocks from the beach. This is a single level building that requires low maintenance, has a shared laundry facility, a dedicated carport parking space for 11 of the 12 units, and it's incredibly convenient location, make this complex desirable for owners and tenants alike. The complex is in close proximity to parks, trails, restaurants, a gas station, grocery stores, schools, and public transportation, which makes it easy for residents to enjoy the Central Coast lifestyle. Monthly income has remained steady and predictable for years, as these units rent very quickly. There are eleven studio apartments and one 1-bedroom apartment in the complex, and there is also an additional, rentable garage unit (currently rented), which combine to generate solid monthly revenue across these 13 units. Each residential unit is equipped with a separate kitchen, medium-sized refrigerator, range oven, full bathroom, beam ceiling, and a wall heater. Zoned Commercial-Visitor Serving (C-VS) but fully occupied with long-term tenants, this conveniently located parcel sits on Atascadero Road within the city limits of Morro Bay, providing easy access to Highway 41, Highway 101, and scenic Highway 1. Buyers seeking a well located, turnkey income opportunity can look forward to years of successful ownership, while opportunities abound for those considering redevelopment in the near or distant future. As always, please check with Morro Bay Community Development for zoning and building allowances, and act fast. Easy, multi-unit complexes like this one don't last long!

Attention investors and developers! Great downtown Morro Bay exposure. Immediately across the street from Morro Bay Park. Home to Art in the Park and other community events. Highly visible spot adjacent to the main commercial/retail corridor, Morro Bay Blvd. This building can be restored or bring your own plans. Detached, concrete foundation garage currently used for compartmentalized storage. Zoned "community commercial". Allowable mixed use which includes possible commercial front and residence on top and/or in back. This APN affords approx. 76 ft of frontage. The adjacent APN is also for sale (066-071-014, 785 Harbor) that would allow an additional approx. 27 ft. of frontage. Seller prefers to sell these parcels together. Ocean views possible with a second story. Zoning subject to the Calif Coastal Commission final city plan approval due this month.

Unlimited potential for this expansive commercial restaurant building in Morro Bay. The bar features 12 beers on tap, a pool table, and three flat-screen TVs. Tons of natural light flow through the large windows into the dining room. Total seating capacity of 116 and 51 parking spaces. The large kitchen includes 3 refrigerators, an 8x11' walk-in freezer, an 8x14' walk-in refrigerator, a grill, warmers, a cold station, multiple sinks, a 12x20 dry storage room, and plenty of storage.This is the sale of a commercial building, not the sale of a business opp. Seller financing is available. Viewing by appointment only. Please do not disturb business.

This 1,760 sq ft retail space is just six blocks from Morro Bay's Embarcadero. The storefront has ample street parking with commercial zoning, offering ultra-high visibility with its convenient location on the corner between major intersections of Morro Bay Blvd. and Shasta. Formerly Morro Bay Drug Store, this property allows for a variety of uses (buyer to investigate--cannot be used as a pharmacy until 2025). This is an excellent opportunity for an owner or investor.

Extraordinary Event Venue - HUGE PRICE IMPROVEMENT & SELLER FINANCING AVAILALE! The stunning Scenic Coast of San Luis Obispo County is home to The Lodge, Morro Bays foremost regional event center located on Highway 41, only a mile outside the Morro Bay city limits and a mile-and-a-half from the world-renowned Pacific Coast Highway. This turn-key 2.5+/- acre facility has been fully renovated and is beautifully kept, inside and out. The classic wrought iron entry gate and an assortment of mature palm trees of all shapes and sizes invite you in, setting the tone for whats ahead. The double full-arched iron doors of the 8,000 +/- sq. ft. building are framed by more palms and Corinthian columns, leading into the classy and spacious foyer; the greeting place and heart of the venue. Two large banquet rooms feature tall, open-beamed ceilings, raised stages, and have connected access to each other plus doors to the well-manicured grounds. With a total maximum standing occupancy of 1,041, Banquet Room A can accommodate up to 156 guests for dining and Banquet Room B can accommodate up to 191 dining guests; totaling 347. The fully equipped commercial kitchen is a caterers delight with plenty of elbow room, ample counters including a serving bar with sink and lots of storage below, Black Diamond gas range with six cast-iron open-top burners, raised griddle, broiler, and two porcelain-interior ovens, upright stainless-steel double-door fridge, complete dishwashing station, and two large, lighted buffets. Both the kitchen and Banquet Room B open to the huge covered Santa Maria style BBQ pit where you can take the party outside to enjoy the coastal air and mild temps averaging 63-70 degrees year-round! As if that wasnt enough, additional features include ADA compliant bathrooms, caretakers quarters, newer roof, and lots of paved parking including handicap parking spaces and spaces dedicated for motorcycles. Serviced by an owned 26 kw solar system installed approx. 3 years ago, private well with 15,000 gallon water storage tank, pump house, and detached garage/shop. The property is zoned AG & REC, which allow for a wide range of uses. Historically, The Lodge has been gathering place for weddings, conferences, trade shows, dances/parties, educational events, meetings, private membership clubs, cultural events, antique shows, plays, festivals, and more. Now its your turn! (Be sure to take the linked 3D tour.)

Unique Opportunity awaits at a prime downtown location in well maintained office complex nestled behind a tree on a deep, but narrow parcel. Rooms have vaulted ceilings and good morning light from adjacent parking lot. There are 6 doors. The first two doors open into offices with half baths. These offices share an interior door & can be rented together or separately. One occupant now rents both. The third door opens into an office with a half bath. The 4th door opens into a small space without a bath but with an interior door into the adjacent space with the 5th door. One tenant now rents both. The final 6th door is in a separate building with a slightly larger office and half bath. Pacific Ave has good street parking in the area and nearby portions of the parking lot are seldom used. Bay and Ocean can be seen from the front of the parcel. Zoning is being changed to TMU (Transitional Mixed Use), which should expand future options. Check present income and future potential for this fine location and fully occupied complex, then schedule a showing!

Unique opportunity to own a mixed use commercial property in Morro Bay. This unit offers direct visibility from Highway 1 and is surrounded by successful retail, commercial and light industrial businesses. The space offers a retail/office setting at the entry, warehouse space with a roll up door, a private restroom, and an additional permitted 1000 square foot mezzanine/loft that is not included in the listed square footage. The warehouse offers 3 phase and 220 volt electric. This space offers a variety of uses for the aspiring entrepreneur. Call for a showing today.