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Rare investment opportunity in the heart of downtown Morro Bay, one of California's most desirable coastal communities. Ideally positioned just moments from the Embarcadero, waterfront, boutique shopping, restaurants, galleries, and everyday conveniences, this prime commercial property enjoys excellent visibility and steady year round foot traffic. The building consists of three separate suites, each with its own entrance and occupied by established tenants, providing immediate income potential. Five dedicated parking spaces offer added convenience, along with nearby street parking. The property also presents the opportunity for future expansion, creating additional value and flexibility for investors. Whether you are seeking a stable income producing asset, long term appreciation, or a strategic investment in a thriving coastal market, this property offers a rare opportunity in one of the Central Coast's most sought after downtown locations. Please do not disturb tenants
| Last Updated | 6/18/2026 | Year Built | 1965 |
|---|---|---|---|
| Community | MRBY - Morro Bay | County | San Luis Obispo |
Additional Details
| AREA | MRBY - Morro Bay |
|---|---|
| LOT | 3311 sq ft |
| LOT DESCRIPTION | Level, Near Public Transit, Paved |
| LOT DIMENSIONS | 3312 |
| STORIES | 1 |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/19/26 7:01 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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