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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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Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 1 Active listings in Morro Bay, CA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 24 Properties for Sales.

Land for Lease in Nearby Cities

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

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

3980 El Camino Real, Atascadero, CA 93422

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9,000 sqft

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

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High-Visibility Commercial Land
High-Visibility Commercial Land

3980 El Camino Real, Atascadero, CA 93422

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22,500 sqft

Commercial land with visibility from Highway 101 and easy access on and off Highway 101.

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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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SLO Ranch Farm Marketplace
SLO Ranch Farm Marketplace

Froom Ranch Way, San Luis Obispo, CA 93401

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5,000 sqft 40.00 AC lot

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

563 Zanzibar, Morro Bay, CA 93442

$369,000
1,880 sqft 0.06 AC lot

Shovel-ready lot with permit in-hand for immediate construction.

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Residential Development Land for Five Units
Residential Development Land for Five Units

541 Atascadero Rd, Morro Bay, CA 93442

$799,000
0.21 AC lot

Land is permitted for a five-unit project with final permits in place and the site ready for breaking ground.

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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 Street, 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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Adjacent Development Land Parcels
Adjacent Development Land Parcels

1188 Allesandro Street, Morro Bay, CA 93442

$750,000

Two adjacent parcels include a demo-ready home with utilities and a vacant corner lot for mixed-use development.

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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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Vacant Residential Lot with Views
Vacant Residential Lot with Views

731 Butte, Morro Bay, CA 93442

$289,500

Vacant residential lot offers notable depth and potential views of Morro Rock and possibly the sea from a second story.

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Vacant Land Parcel with Ocean Views
Vacant Land Parcel with Ocean Views

2900 Alder Avenue, Morro Bay, CA 93442

$395,000
6,000.00 AC lot

Vacant lot near the beach with ocean and Morro Rock views for residential development opportunities.

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Land, Morro Bay, CA
Land, Morro Bay, CA

591 Dawson, Morro Bay, CA 93442

$325,000
0.06 AC lot

Land · 0.06 Acres

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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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Waterfront Land Parcel
Waterfront Land Parcel

591 Dawson, Morro Bay, CA 93442

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Raw waterfront land with city utilities at the street, including sewer, water, and power, and hillside ocean-view orientation.

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Land/Lot
Land/Lot

210 Verdon, Morro Bay, CA 93442

$875,000

Residential land & home lots

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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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Ranch with Cattle and Recreation
Ranch with Cattle and Recreation

2440 Little Morro Creek Road, Morro Bay, CA 93442

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Large ranch property positioned near the Pacific with stated cattle and recreational use potential.

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Sequoia Court Land with Views
Sequoia Court Land with Views

670 Sequoia, Morro Bay, CA 93442

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0.50 AC lot

Rare Morro Bay lot with views and completed reports.

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Commercial Land on Bluff
Commercial Land on Bluff

781 Market Ave and Adj. Parking Parcels, Morro Bay, CA 93442

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Zoning supports tourist service uses, with an existing restaurant and multiple parking areas on the property.

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Land Lot
Land Lot

670 Sequoia Court, Morro Bay, CA 93442

$475,000

Residential land & home lots

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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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Multi-Family Development Land
Multi-Family Development Land

545 Atascadero Road, Morro Bay, CA 93442

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Entitlements are nearly completed for a 16-unit townhome-style multifamily complex, pending remaining environmental studies.

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Morro Bay, CA Land Lease Rates & Market Statistics

Explore 1 Land listing for lease in Morro Bay, CA on Realmo, a commercial real estate exchange covering the Morro Bay area. The current inventory totals 1 square feet of properties.

Morro Bay accounts for 20% of the 5 land listings currently available across San Luis Obispo County, where a nearby market includes San Luis Obispo.

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