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Morro Bay, CA Hotels for Sale

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Bay View Inn, Morro Bay
Updated: Feb 27
Bay View Inn, Morro Bay

225 Harbor St, Morro Bay, CA 93442

$5,500,000
23‑room coastal property in Morro Bay, California
Centrally located steps from the harbor and Embarcadero
Walking distance to waterfront shops, restaurants, and Morro Rock
Benefits from steady leisure travel and Morro Bay's appeal as a seaside getaway
Opportunity to establish a presence in a thriving market
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Morro Bay Boutique Hotel Opportunity
Updated: Feb 12
Morro Bay Boutique Hotel Opportunity

1050 Morro Ave, Morro Bay, CA 93442

$4,495,000
Boutique hotel in Morro Bay.
Ocean views and views of Morro Rock.
Located in a highly desirable coastal environment.
Value‑add opportunity in a supply‑constrained coastal market.
Expansion potential for 11 additional units with advanced permit process.
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Morro Bay, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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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Mixed-Use Fuel and Hotel Site
Mixed-Use Fuel and Hotel Site

6782 W Herndon Ave, Fresno, CA 93722

$780,584
0.64 AC lot

Existing fuel and hotel uses on a site with convenient access to Highway 99 for future commercial development.

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Boutique Inn Near Downtown
Boutique Inn Near Downtown

2749 Spring St, Paso Robles, CA 93446

$4,750,000
8,000 sqft

Boutique Inn with 24 keys near downtown Paso Robles.

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Fuel and Hotel Development Site
Fuel and Hotel Development Site

6893 W Parr Ave, Fresno, CA 93722

$985,012
0.82 AC lot

Site with existing fuel and hotel uses and convenient access to Highway 99 in a retail-and-residential corridor.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Zoned Commercial Land Parcel
Zoned Commercial Land Parcel

Atascadero Road, Morro Bay, CA 93442

$3,900,000
3.73 AC lot

Commercially zoned land offering a sizable lot on Atascadero Road in Morro Bay for development planning.

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C3 Zoned Commercial Land Parcel
C3 Zoned Commercial Land Parcel

Wisteria Lane, Paso Robles, CA 93446

$1,400,000
2.20 AC lot

Commercial land parcel is zoned C3 and spans 2.2 acres in Paso Robles, CA.

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Zoned C3 Commercial Land Parcel
Zoned C3 Commercial Land Parcel

Wisteria Lane, Paso Robles, CA 93446

$2,900,000
4.72 AC lot

Commercial land parcel totaling 4.72 acres, offered for sale and zoned C3 in Paso Robles, CA.

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Commercial Land in C3 Zone
Commercial Land in C3 Zone

Wisteria Lane, Paso Robles, CA 93446

$1,400,000
2.16 AC lot

Commercial land offered for sale in a C3 zoning district in Paso Robles.

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Off-Market Properties in Morro Bay, CA

Consider similar Off-Market properties in Morro Bay, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

213 Dunes St
HOTEL

213 Dunes St, Morro Bay, CA 93442-2158

$1,270,000
Estimated value
3,494 sqft 0.12 AC lot
View details
305 Marina St
HOTEL

305 Marina St, Morro Bay, CA 93442-2223

$500,000
Estimated value
3,472 sqft 0.15 AC lot
View details
561 Embarcadero
HOTEL/MOTEL

561 Embarcadero, Morro Bay, CA 93442-2217

Value Estimation by Request
1,747 sqft 0.17 AC lot
View details
725 Embarcadero
HOTEL/MOTEL

725 Embarcadero, Morro Bay, CA 93442-2181

$1,060,000
Estimated value
11,657 sqft 0.34 AC lot
View details

Morro Bay, CA Hotels Market Trends and Statistics

Explore 6 hotels for sale in Morro Bay, CA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $9,995,000.

Sale prices for resorts in Morro Bay, CA start at $4,495,000, averaging $4,997,500, and reaching up to $5,500,000 — 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

Hotels 2

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 $5.1M

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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