Conventional Restaurant

Morro Bay, CA Conventional Restaurants for Sale

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Turnkey Restaurant Opportunity For Sale
Updated: May 12
Turnkey Restaurant Opportunity For Sale

2490 Main St, Morro Bay, CA 93442

$1,290,000
2,200 sqft
Turn‑key restaurant opportunity ready for immediate operation.
Already built out and operationally ready, minimizing upfront work.
Suitable as an on‑site dining venue for a hotel.
Suitable as a leased restaurant for an independent restaurateur.
Versatile space adaptable to different restaurant concepts.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Morro Bay, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Approved Mixed-Use Retail Hotel Development
Approved Mixed-Use Retail Hotel Development

800 11th. Street, Paso Robles, CA 93446

$5,000,000
10,780 sqft 0.50 AC lot

Includes a leased restaurant, approved retail and hotel components, and a gated 21-stall parking lot.

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Turn-Key Restaurant Opportunity in Atascadero
Turn-Key Restaurant Opportunity in Atascadero

8501 San Ramon Rd, Atascadero, CA 93422

$750,000
1,775 sqft 0.07 AC lot

Fully renovated restaurant with oversized patio in prime location.

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Stand-Alone Restaurant Building with Patio
Stand-Alone Restaurant Building with Patio

1902 Creston Road Unit 9, Paso Robles, CA 93446

$1,450,000
3,300 sqft

Updated stand-alone restaurant space with a dedicated outdoor patio for expanded guest seating.

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Turnkey Restaurant with Private Patio
Turnkey Restaurant with Private Patio

8501 El Camino Real, Atascadero, CA 93422

$750,000
1,700 sqft

Fully renovated restaurant building with a commercial kitchen and private back patio seating with ADA access.

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Morro Bay, CA Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Morro Bay, CA on our real estate platform. These investment opportunities span a total of 2,200 square feet of properties for sale, with an estimated market value of $1,290,000.

Sale prices for conventional restaurants in Morro Bay, CA start at $1,290,000, averaging $1,290,000, and reaching up to $1,290,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 1

Demographics Overview

Population 11K
Population Growth (5Y) +3.3%
Median Household Income $92,163
College Educated 32.2%

High-Yield Neighborhoods for Investment

Identify Morro Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
93442 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.11%
Property Tax per SF $12.55 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Luis Obispo County

New Delisted

Total CRE Inventory on Market (SF)

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