Nancy DuShane-Bank
The median home value in Morro Bay, CA is $850,000.
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 $850,000.
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 BayLocated 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 youre looking to expand your business or start something new, 781 Harbor Street provides a perfect setting with the charm and appeal of Morro Bay.
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.
600 Morro Bay Blvd. Ste. B has great visibility being located at the intersection of Morro Bay Blvd. and Shasta Ave. just 6 blocks from the Embarcadero and 6 blocks to HWY 1. Ample street parking surrounding the property allows ease of access to your business. Building is also available for lease.
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!
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