The median home value in Morro Bay, CA is $935,000.
This is
higher than
the county median home value of $725,500.
The national median home value is $308,980.
The average price of homes sold in Morro Bay, CA is $935,000.
Approximately 42% of Morro Bay homes are owned,
compared to 36% rented, while
22% are vacant.
Morro Bay real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Morro Bay real estate agent to arrange a tour today!
Learn more about Morro Bay.
Prime Commercial Property for Sale - 781 Harbor Street, Morro Bay Located in the heart of Morro Bay, 781 Harbor Street offers an exceptional opportunity for businesses seeking a prime location in one of California's most picturesque coastal towns. This versatile commercial property is ideally situated near Morro Bay's bustling waterfront, attracting both locals and tourists alike. Key Features: Location: High-visibility spot on Harbor Street with easy access to the harbor, local shops, and popular dining establishments. Zoning: Community Commercial Proximity: Just minutes away from Morro Bay State Park, the iconic Morro Rock, and other scenic attractions, ensuring steady foot traffic and exposure. This property offers tremendous potential for retail, office, or service-based businesses looking to capitalize on the area's steady flow of visitors and residents. Whether you're looking to expand your business or start something new, 781 Harbor Street provides a perfect setting with the charm and appeal of Morro Bay.
Unique water front property. 201 & 203 Main St. and the leasehold interest in Bay Front Marina in Morro Bay are available providing multiple income streams while also allowing the opportunity to own a residence on the waterfront. The property consists of 3 residences, 2 private offices, and +/- 28 boat slips. There is a large demand for boat slips in Morro Bay with virtually zero vacancy in the last 11 years.
Downtown Morro Bay Office condominium! A very flexible and functional open office space on MAIN St, Morro Bay! This is one of the busiest roadside commercial locations available. This unit offers many flexible uses; professional office for Legal, Financial, Real Estate, Counseling, etc...Also consider boutique Salon related business, gift shops as well. Check with the City of Morro Bay if you have a non-traditional use idea. Up to recently, this unit has been a successful real estate office for many years, who has since relocated. The interior offers a spacious room with 12ft ceilings and large windows creating a wonderful working environment with an open and airy vibe. Numerous desk arrangements allow the space to be used to fit a great team here! Additional features include; a traditional break bar/counter with sink and storage, a shelved step in Closet, as well as, an ADA spec bathroom. Multiple onsite parking spaces are dedicated for business use. Enjoy a little view of Morro Rock and the walkability to the towns amenities, but even better the ability to own the real estate vs lease it! If the size fits, this is truly an ideal location for your vision and your future customers. Flexible spaces like these rarely become available especially to buy! This is for commercial use, not available for residential conversion.
Thriving Turnkey Bakery on Morro Bay's Premier Waterfront Strip! Welcome to an exceptional opportunity to own a successful, well-established bakery located directly on the iconic Embarcadero in Morro Bay - one of California's most Charming coastal destinations. This high-visibility location offers unbeatable foot traffic, drawing from nearly one million annual visitors who flock to the waterfront to enjoy local shopping, dining, and stunning views of Morro Rock. The bakery boasts a loyal local customer base and a steady stream of tourists year-round. With a cozy indoor seating area with bay views, outdoor garden patio, and a coastal aesthetic, the space invites guests to linger over fresh pastries, locally roasted coffee, and essential items. Whether you're an experienced operator or an aspiring entrepreneur, this turnkey bakery offers both stability and growth potential in one of the Central Coast's most sought-after locations. Take advantage of the momentum and make your mark in Morro Bay's vibrant culinary scene. Don't miss this rare chance to own a slice of coastal California's sweet success. Buyer to verify all information presented is correct.
This is a mixed use property. The business is not for sale. The building is situated on a main downtown street with a view of the rock.. It can be easily converted back to a house with an office . Check with the city for more that can be done with this property.
Prime Business Opportunity in Downtown Morro Bay. Discover exceptional potential at 600 Morro Bay Blvd B, a high visibility corner location in the heart of downtown Morro Bay. This prominent site offers excellent street presence and easy access, making it ideal for a variety of business ventures. Whether you're envisioning a new pharmacy, boutique retail store, or your own unique concept, this location provides the perfect foundation for success. Benefit from ample street parking and continuous foot and vehicle traffic in one of Morro Bay's most desirable commercial areas. Don't miss this rare opportunity to establish your destination business in a vibrant and thriving community.
Prime 10,890 square foot lot offering vast investment potential. Ideally located across the street from the State Park on a corner lot bordered by Allesandro St, Bella Vista Dr and Morengo Dr. The property features a 1,200 square foot workshop with two large roll up doors, 200 amp 3 phase electrical service and a new TPO membrane roof. A new sewer line was installed with 6 clean outs. Water is plumbed to the workshop and natural gas is available on site. Current zoning is Industrial. Seller has preliminary approval from the city for a mixed-use residential/commercial subdivision with 5 residential units. Buyer to verify current and future potential uses of the property. Seller financing may be available.
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