Morro Bay CA Real Estate & Commercial for Sale

McCarty Davis is pleased to offer the opportunity to purchase the leasehold interest in 1215 Embarcadero in Morro Bay providing three individual income streams. Morro Bay Landing consists of a +/- 5,239 SF multi-tenant retail building as well as +/- 45,000 SF of water area directly behind the building. The leased water area contains approximately 25 boat slips. The property also contains two income producing kayak and SUP storage lockers.

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!

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.

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.