The median home value in Morro Bay, CA is $750,000.
This is
higher than
the county median home value of $591,700.
The national median home value is $219,700.
The average price of homes sold in Morro Bay, CA is $750,000.
Approximately 44.7% of Morro Bay homes are owned,
compared to 33.39% rented, while
21.91% 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!
Located in California's Central Coast, The Lodge at Morro Bay Event Center emerges as a premier destination. Just a few minutes from the seaside town of Morro Bay, and located less than 2 miles from the breathtaking Pacific Ocean. 2.5 acres of pristine coastal real estate. This property is Zoned for both agricultural and recreational use. Additionally, there is a private 1 bedroom, 1 bathroom caretaker quarters, with an attached sitting room. The Lodge at Morro Bay Event Center offers an 8,000 sq ft building. One of the largest event centers on the Central Coast. Events types include but are not limited to * elegant weddings, professional conferences, family/school reunions, trade shows, private business meetings, large parties, sweet 16’s quinceaneras, and bar mitzvahs. These spaces can host a combined total of 347 guests for dining, with a maximum standing capacity of 1,041 across the venue. Guests can enjoy - ADA compliant restrooms. The lodge is secured by an elegant wrought iron gate and a collection of mature palm trees, enter through majestic double iron doors. Inside, TWO grand banquet halls with high, open-beamed ceilings and raised stages, offering seamless flow. The state-of-the-art caterer's kitchen is equipped with a Black Diamond gas range, and all the amenities needed for seamless event catering. Just outside a vast Santa Maria style BBQ pit offers the perfect setting for outdoor celebrations. Recently updated roof, and 80 parking with designated spaces. A brand new - installed in 2021- 26 kw solar system, a private well with a 15,000-gallon storage tank. Additional detached 2 car garage with water and power. This property allows the building of a caretaker residence on site. Other uses with special permits - include but are not limited to RV Park.
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.
McCarty Davis is 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.
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 8’x11' walk-in freezer, an 8’x14' walk-in refrigerator, a grill, warmers, a cold station, multiple sinks, a 12’x20 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.
Courtesy: Realty World Advantage
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!
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.
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!
Courtesy: Comet Realty
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.
Location, Location, Location.. If you are looking for a business in Morro Bay, you can not beat this location. Business is 25 years established with kite sales and Surrey rentals. Building has its own parking and has continued customer service and good will, buyer could add other things to enhance the current business.
Highly improved professional office suite available in Cypress Plaza. Move-in ready in the heart of Morro Bay. Located along the historic Highway 1 and minutes north of San Luis Obispo. Morro Bay is the primary southern gateway to Hearst Castle, Cambria, Big Sur, and Moonstone Beach. Co-anchored by Rite Aid and Albertsons, the shopping center has excellent exposure that also includes Subway, O’Reilly Auto Parts, Round Table Pizza, UPS and McDonald’s. PROMOTIONAL LEASE RATE - First 6 Months at $.80/SF NNN!
