Commercial Land

Morro Bay, CA Commercial Land for Lease

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Prime Commercial Land in Morro Bay
Updated: Nov 21, 2025
Prime Commercial Land in Morro Bay

298 Atascadero Road, Morro Bay, CA 93442

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Prime location in Morro Bay's coastal fishing village, near Hwy 1 and a short walk to the Embarcadero.
Visitor‑Serving Commercial (C‑VS) zoning with various potential uses.
1.63‑acre flat lot with street‑level exposure.**
Proximity to Morro Rock, Morro Bay State Park, and the Embarcadero's shops and restaurants.
Located next to a Motel 6 under renovation and across from the newly constructed Hampton Inn.
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1 active listing matches your search: Commercial Land for lease in Morro Bay, CA. Based on your search, we've also compiled 10 Potential Opportunities for your consideration: 4 spaces in nearby cities and 6 properties for sale.

Commercial land for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Freeway-Visible Retail Land Site
Freeway-Visible Retail Land Site

3980 El Camino Real, Atascadero, CA 93422

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67,000 VPD  Highway access  Road access

Proposed retail land with direct Highway 101 access and signage opportunities for anchor, shop, and pad concepts.

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High-Visibility Commercial Land Site
High-Visibility Commercial Land Site

3980 El Camino Real, Atascadero, CA 93422

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Commercial land offering easy on-and-off access and visibility from Highway 101 in a high-barrier trade area.

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Multi-Use Land Parcel
Multi-Use Land Parcel

250 Tank Farm Rd, San Luis Obispo, CA 93401

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6.9 acres

6.9-acre commercial land site offered for rent, available separately or combined with surrounding parcels for flexible options.

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Commercial Land Parcel
Commercial Land Parcel

250 Tank Farm Rd (Parcel 2), San Luis Obispo, CA 93401

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Commercial land available separately or together with surrounding parcels.

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Similar Spaces for Sale in Morro Bay, CA

Consider Similar Space for Sale. We found 6 Spaces matching your search parameters.

Neighborhood Commercial Land
Neighborhood Commercial Land

310 Bonita, Morro Bay, CA 93442

$450,000
0.16 AC lot

Two vacant parcels offer a street-to-street configuration for future development.

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Adjacent Development Land Parcels
Adjacent Development Land Parcels

1188 Allesandro Street, Morro Bay, CA 93442

$750,000

Two adjacent parcels are offered for sale, including a demo-ready home with utilities and a vacant corner lot.

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Morro Bay Commercial Land
Morro Bay Commercial Land

830 Embarcadero, Morro Bay, CA 93442

$4,400,000
0.13 AC lot

Commercial land available in Morro Bay, California.

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Two-Lot Commercial Land
Two-Lot Commercial Land

310 Bonita, Morro Bay, CA 93442

$450,000

Two vacant parcels carry Neighborhood Commercial zoning and have no utility hookups.

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Commercial Land with Existing Buildings
Commercial Land with Existing Buildings

231 Atascadero Road, Morro Bay, CA 93442

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Visitor-serving zoning and two on-site structures support a range of commercial use possibilities.

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Commercial Land with Beach Front
Commercial Land with Beach Front

Atascadero Road, Morro Bay, CA 93442

$3,900,000
3.73 AC lot

CVS-zoned commercial land with beach frontage and public water service in Morro Bay.

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Morro Bay, CA Commercial land Lease Rates & Market Statistics

Explore 1 Commercial land listing for lease in Morro Bay, CA on Realmo, a commercial real estate exchange covering the Morro Bay area.

Morro Bay accounts for 25% of the 4 commercial land listings currently available across San Luis Obispo County, where nearby markets include San Luis Obispo and Paso Robles. Commercial land is one of the more limited space types in Morro Bay, with just 1 listing currently available — a scarcity worth factoring into lease negotiations.

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