Morro Bay CA Real Estate & Commercial for Sale

Welcome to this unique property in the heart of Morro Bay, California offering ocean views, including the iconic Morro Rock! Located just one block from the bay and walkable to all your favorite local spots, this coastal property has so much to offer! Built in 2000 zoned for both commercial and residential use, makes it ideal for various living arrangements or investment and potential business opportunities. The property can be used as one large home, office or as two units upstairs each with their own kitchens & bathrooms. All situated above the oversized 3-car garage wired for serving any additional electrical needs and a quarter-bath closet for added utility and convenience downstairs. There is an Interior staircase from the garage that leads to the upstairs living area making it easy and accessible. Some of the recent updates include fresh paint, new lighting and new carpet. This is a low maintenance, well built and impeccably maintained property ready for you to enjoy! Downstairs you will find indoor laundry facilities complete with utility sink adjacent to the 3 bay garage with plenty of space for work, personal and play! Don't miss out on this opportunity to own a piece of California's central coast, with endless possibilities for business, living or both! *Square footage listed is including the garage space as that space can be used for commercial use. Upstairs is approximately 1025 sq ft. of living space. Buyer to verify. Book your private showing today! *Lot behind subject property is a separately owned parcel and not included in sale. Information deemed reliable but not guaranteed.

In the heart of Morro Bay, this exceptional legacy mixed-use property spans three legal APNs/Lots and offers a rare investment opportunity. The property includes a 975-square-foot single-family home at 753 Piney Way, a commercial retail building, and a 1,676-square-foot restaurant. The retail building, located at the corner of Morro Bay Blvd and Piney Way, houses three commercial units: 775 Piney Way with 1,400 square feet (currently occupied by a pest control company), 698 Morro Bay Blvd with 1,600 square feet (formerly a dance studio), 696 Morro Bay Blvd with 1,300 square feet (currently occupied by a thrift store). Sitting on its own legal lot is 650 Morro Bay Blvd with a 1,676-square-foot restaurant. The property also includes a 6,650-square-foot parking lot. Please note that the businesses are not for sale; this listing is for the real estate only. This is a unique opportunity to own a versatile multi-use property in the vibrant coastal community of Morro Bay. All measurements are approximate and have not been verified.

Prime commercial property for sale in the heart of town, offering an exceptional investment opportunity. This 2,322 square foot building is situated on a substantial 17,860 square foot lot, strategically located in a high-traffic area with excellent footfall, making it ideal for various commercial uses. The property comprises two buildings currently occupied by well-established businesses: an Auto Mechanic and a Machine Shop, ensuring consistent rental income (note that businesses are not for sale). Recent upgrades include a new roof for the Machine Shop in 2019 and a refreshed front facade in 2018, enhancing both the aesthetic appeal and structural integrity of the property. This prime location, combined with the solid tenant base and recent improvements, presents a compelling proposition for investors looking to expand their real estate portfolio or for entrepreneurs seeking a prominent location for their next venture. Don't miss this unique opportunity to secure a highly desirable commercial property in a thriving community. For more information or to schedule a viewing, please contact your Realtor today!

McCarty Davis is pleased to offer the opportunity to purchase the Morro Bay Landing situated on the water in Morro Bay, CA. The recently constructedcommercial building and boat docks provide three individual income streams. The project consists of a +/- 5,239 SF multi-tenant retail building, 25 boat slips and Kayak and Paddle Board storage lockers. With a gross income just north of $500,000, this leasehold interest (36 years on the existing lease with an exclusive right to renegotiate), is priced at a 6 cap and the owner is motivated to sell.