Brand-new, modern industrial style mixed-use property located just two blocks from the oceanfront on The Embarcadero consisting of a 1 bed / 1 bath home, two commercial spaces, and a roof-top deck.The third floor rooftop deck is enclosed by sleek glass balustrades and showcases breathtaking views from Cayucos to Montana De Oro. The second floor hosts a luxurious one-bed, one-bath home with a loft that features an open-concept living area, custom bamboo cabinetry, a leathered granite kitchen island, and a floor-to-ceiling moving glass wall system for uninterrupted views of Morro Rock and beyond. The kitchen includes premium JennAir Noir appliances, such as a built-in coffee/cappuccino maker, a double oven, and a built-in refrigerator. On the ground floor you'll find two commercial spaces: a spacious two-car garage and a light-filled 253 sqft storefront that can serve as many different business types. Both units have custom glass roll-up doors, and they share an ADA-compliant bathroom. Experience the best of coastal living and business potential in this one-of-a-kind property!
Highly Visible Retail Space in Morro Palms Center Location: 430 Quintana Rd, Morro Bay, CA 93442 Lease Size: ± 900 sq. ft. Lease Rate: $1.45 / SF NNN (± $0.39) Zoning: Commercial Retail Availability: Immediate This prime, single-story retail suite is now available in the highly sought-after Morro Palms Center. Formerly used for retail, the space features an open floor plan, a private restroom, and ample parking, offering convenience and accessibility for any business. Situated in a shopping center co-anchored by Dollar Tree and AutoZone, and surrounded by other popular businesses including RadioShack, Fitness Works, and Edward Jones, this space ensures maximum visibility and customer traffic. Key Highlights: High-traffic area with excellent exposure. Conveniently located near Highway 1 and various local amenities. Ideal for retail businesses looking for an affordable yet high-visibility location. Don't miss the opportunity to secure this exceptional retail space at a competitive rate!
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.
1215 Embarcadero, Suite C in Morro Bay is a prime waterfront retail space that is move in ready. Located in a heavily trafficked tourist destination community. The space would be suitable for a variety of uses including, but not limited to, excursion businesses, kayak/boat rentals, tourist oriented retail, etc. Other tenants include Patriot Sports Fishing, Grassy Bar Oyster Company, and Morro Grill, a sports bar. $3.00/SF NNN.
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!
Price Reduced! Historical photos added! 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 12 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 acce
Morro Bay Landing is situated on the waterfront in Morro Bay, CA. The recently constructed commercial 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.
We are pleased to offer the opportunity to lease 1215 Embarcadero, Suite B in Morro Bay. This prime waterfront retail space is move in ready with direct access to the boat docks behind the building. Located in a heavily trafficked tourist destination community. The space would be suitable for a variety of uses including, but not limited to, excursion businesses, kayak/boat rentals, tourist oriented retail, etc. Other tenants include Patriot Sports Fishing, Grassy Bar Oyster Company, Camp One Destinations, and Morro Grill, a sports bar. $3.00/SF NNN.
Central Coast Glass-Branding, service, and history! This is an opportunity to continue the established reputation of Central Coast Glass in its present location since 1992. Its history of customer service for both contractors and homeowners will allow the new owner to inherit a reputable company with a proven track record of sales and profitability. Introduce new product lines, or just step in and continue its' success with over 30 years of branding.
The median home value in Morro Bay, CA is $1,100,000. This is higher than the county median home value of $812,000. The national median home value is $338,100. The average price of homes sold in Morro Bay, CA is $1,100,000. Approximately 44.08% of Morro Bay homes are owned, compared to 33.39% rented, while 22.53% are vacant. Morro Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Morro Bay real estate agent to arrange a tour today!
Morro Bay, California has a population of 10,785. Morro Bay is less family-centric than the surrounding county with 24.49% of the households containing married families with children. The county average for households married with children is 26.98%.
The median household income in Morro Bay, California is $80,808. The median household income for the surrounding county is $82,514 compared to the national median of $69,021. The median age of people living in Morro Bay is 51.3 years.
The average high temperature in July is 69.8 degrees, with an average low temperature in January of 44.3 degrees. The average rainfall is approximately 19 inches per year, with 0 inches of snow per year.