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Morro Bay, CA 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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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
Updated: Mar 5
Prime Commercial Land Near Highway 1

298 Atascadero Road, Morro Bay, CA 93442

Contact for pricing
1.63‑acre flat lot with street‑level exposure.
Visitor‑Serving Commercial (C‑VS) zoning with multiple potential uses (detailed in enclosed C‑VS Zoning).
Prime location off Hwy 1 in Morro Bay, a popular coastal tourist destination.
Proximity to Morro Rock, Morro Bay State Park, and the Embarcadero (1‑mile walk).
Potential for City water, sewer, gas, and electrical connections.
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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Morro Bay, CA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 13 Properties for Sales.

Land for Lease in Nearby Cities

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

40 Acres of Flexible Land
40 Acres of Flexible Land

9472 Enos Lane, Bakersfield, CA 93314

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Large open land ideal for parking, storage, and logistics.

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Prime Commercial Parcels for Lease
Prime Commercial Parcels for Lease

250 Tank Farm Rd, San Luis Obispo, CA 93401

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Six improved parcels available for lease in San Luis Obispo.

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239.33 Acres Available
239.33 Acres Available

NE of Porterville Hwy and Lerdo Hwy, Bakersfield, CA

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10,425,215 sqft

239.33 acres of land for lease in Bakersfield, CA.

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SLO Ranch Farm Marketplace
SLO Ranch Farm Marketplace

Froom Ranch Way, San Luis Obispo, CA 93401

$39 SF/Yr
5,000 sqft

Farm and marketplace with retail, restaurant, and agricultural processing spaces.

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Similar Spaces for Sale in Morro Bay, CA

Consider Similar Space for Sale. We found 13 Spaces matching your search parameters.

Neighborhood Commercial Land Parcels
Neighborhood Commercial Land Parcels

310 Bonita, Morro Bay, CA 93442

$450,000
0.16 AC lot

Two vacant, Neighborhood Commercial zoned land parcels included in the sale, with no utilities provided.

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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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Ready-to-Build Morro Bay View Lot
Ready-to-Build Morro Bay View Lot

563 Zanzibar, Morro Bay, CA 93442

$369,000
0.06 AC lot

Permitted lot ready for immediate construction of a custom home.

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Corner Residential Building Lot
Corner Residential Building Lot

497 Oahu Street, Morro Bay, CA 93442

$275,000
0.06 AC lot

Corner lot with elevated setting and ocean views; utilities are available on site.

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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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Morro Bay Land with Views
Morro Bay Land with Views

670 Sequoia Court, Morro Bay, CA 93442

$475,000
0.46 AC lot

Rare nearly half acre lot with incredible views in Morro Bay.

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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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Vacant Residential Lot with Ocean Views
Vacant Residential Lot with Ocean Views

2900 Alder Avenue, Morro Bay, CA 93442

$395,000
0.14 AC lot

R1-zoned vacant lot in Morro Bay offering ocean and Morro Rock views near the beach and local amenities.

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Land For Sale
Land For Sale

0 Atascadero Rd, Morro Bay, CA 93442

$3,900,000
3.73 AC lot

Land available for purchase.

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Coastal Land in Morro Bay
Coastal Land in Morro Bay

Morro Bay, Morro Bay, CA 93402

$1,900,000

Unique coastal property for environmental mitigation or habitat preservation.

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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 Land Market Trends and Statistics

Explore Land leasing options in Morro Bay, CA with 2 listings featured on our commercial real estate exchange. The current inventory includes 1 square feet of properties with an estimated lease value of $0.00 SF/Yr.

Estimated lease rates for Land 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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