Morro Bay, CA Commercial Real Estate for Lease

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Freestanding Event Center with Stage
Updated: Jul 1
Freestanding Event Center with Stage

1338 Atascadero Road, Morro Bay, CA 93442

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10,400 sqft
Approximately 8,000 SF freestanding event center built in 1970 for large gatherings
County‑approved occupant load up to 573 standing, 409 auditorium seats, or 191 seated at tables
Includes a commercial‑style kitchen, stage, restrooms, office, and on‑site storage
Additional flexible 2,400 SF wing for room to grow or potential sublease
ZON2024‑01154 land use authorization lists permitted uses including meetings, conferences, weddings/parties, performances, classes, auctions, and more (tenant to confirm)
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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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1 sqft
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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Prime Commercial Land Near Highway 1
Prime Commercial Land Near Highway 1

298 Atascadero Road, Morro Bay, CA 93442

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1.63-acre commercial land for lease near Highway 1.

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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 Active listings in Morro Bay, CA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 17 Properties for Sales.

Commercial real estate for Lease in Nearby Cities

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

Single-Story Retail Office with Parking
Single-Story Retail Office with Parking

72 S Ocean, Cayucos, CA 93430

$4,950/Mo

1997 single-story commercial building with central air, vaulted ceilings, and dedicated parking for a flexible retail, office, or restaurant concept.

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Retail Storefront with Large Windows
Retail Storefront with Large Windows

156 N Ocean Ave, Cayucos, CA 93430

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Street-facing retail space with an open layout and large front windows for product display and customer-facing operations.

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Retail Space in Del Rio Market
Retail Space in Del Rio Market

1745 El Camino Real 1A, Atascadero, CA 93422

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Retail spaces for lease in North Atascadero, available Fall 2024.

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Retail Space in Del Rio
Retail Space in Del Rio

1755 El Camino Real 1B, Atascadero, CA 93422

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Retail spaces available in contemporary complex, Fall 2024.

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Similar Spaces for Sale in Morro Bay, CA

Consider Similar Space for Sale. We found 17 Spaces matching your search parameters.

Turnkey Restaurant Opportunity For Sale
Turnkey Restaurant Opportunity For Sale

2490 Main St, Morro Bay, CA 93442

$1,290,000
2,200 sqft

Ready-to-operate restaurant with strong potential for immediate activation.

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Morro Bay Hospitality Property
Morro Bay Hospitality Property

2460 Main St, Morro Bay, CA 93442

$6,900,000
10,586 sqft 1.30 AC lot

29-room hospitality property on 1.3 acres in Morro Bay.

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Mixed-Use Building with Waterfront Access
Mixed-Use Building with Waterfront Access

781 Harbor, Morro Bay, CA 93442

$429,000
1,409 sqft

Versatile mixed-use building on a high-visibility coastal corridor for retail, office, or service operations.

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Retail Storefront with Private Restroom
Retail Storefront with Private Restroom

696 Morro Bay Boulevard, Morro Bay, CA 93442

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1,200 sqft

Street-level retail space with excellent frontage and visibility, plus a private restroom and planned storefront glass improvements.

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Freestanding Retail Building with Parking
Freestanding Retail Building with Parking

850 Quintana, Morro Bay, CA 93442

$1,400,000

Built in 2009 with large windows and abundant on-site parking, supporting flexible retail or service concepts.

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Freestanding Retail Building with Parking
Freestanding Retail Building with Parking

850 Quintana Rd, Morro Bay, CA 93442

$1,400,000

Freestanding retail building on Quintana Road with abundant on-site parking for customers, employees, and deliveries.

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Waterfront Leased Investment Opportunity
Waterfront Leased Investment Opportunity

901 Embarcadero, Morro Bay, CA 93442

$2,200,000
6,000 sqft

Multi-tenant property on Embarcadero with 34-year lease.

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Established Commercial Property For Sale
Established Commercial Property For Sale

1150 Main Street, Morro Bay, CA 93442

$995,000
2,322 sqft 0.41 AC lot

2,322 SF commercial property with consistent rental income.

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Bay View Inn, Morro Bay
Bay View Inn, Morro Bay

225 Harbor St, Morro Bay, CA 93442

$5,500,000

23-room coastal property near harbor and Embarcadero.

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Specialty Commercial Property
Specialty Commercial Property

497 Oahu St, Morro Bay, CA 93442

$275,000

Offered for sale as a specialty commercial asset in a largely car-dependent setting.

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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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Morro Bay Boutique Hotel Opportunity
Morro Bay Boutique Hotel Opportunity

1050 Morro Ave, Morro Bay, CA 93442

$4,495,000

Boutique hotel with ocean views and expansion potential.

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Commercial Development Land with Mixed-Use Zoning
Commercial Development Land with Mixed-Use Zoning

1151 Main, Morro Bay, CA 93442

$328,900

Flexible mixed-use-zoned commercial lot with access to Highway 1 and located about three blocks from the Embarcadero.

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Atascadero Rd Specialty Property
Atascadero Rd Specialty Property

500 Atascadero Rd SPC F1, Morro Bay, CA 93442

$399,900

Specialty property available for sale in Morro Bay, CA.

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Central Coast Avocado Ranch
Central Coast Avocado Ranch

1800 Atascadero, Morro Bay, CA 93442

$15,500,000
350.00 AC lot

350-acre avocado ranch with multiple income streams.

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Commercial Land with CVS Zoning
Commercial Land with CVS Zoning

Atascadero Road, Morro Bay, CA 93442

$3,900,000
3.73 AC lot

Commercial land site totaling 3.73 acres, zoned CVS in Morro Bay, CA.

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Oceanfront Ranch Land
Oceanfront Ranch Land

5010 Cabrillo Hwy, Morro Bay, CA 93442

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Oceanfront and inland ranch acreage with a main residence, mobile home farmsteads, and coastal frontage.

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Morro Bay, CA Commercial real estate Market Trends and Statistics

Explore Commercial real estate leasing options in Morro Bay, CA with 3 listings featured on our commercial real estate exchange. The current inventory includes 10,401 square feet of properties with an estimated lease value of $0.00 SF/Yr.

Estimated lease rates for Commercial real estate in Morro Bay, CA begin at $0.00 SF/Yr, with an average of $0.00 SF/Yr and extend to $0.00 SF/Yr.
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