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Mixed-Use Property with Ocean Views
For Sale
$1,649,000

1187 Main St, Morro Bay, CA 93442

Three-unit configuration includes residential space, a leased office, and two garages.

Property SizeContact for details
Days on Market170

Property Features for 1187 Main St

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family

Units

Unit Mix 1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units 2
Office Units 1

Additional Details

Floor Downstairs

Amenities

balcony

Building Details

Year Built 2006
Buildings 1
Tenancy Multi
Listing Agency: Property Pros
Listed By: Lisa Sokolowski · License #01211718
Source: Exitrealty
Added: Mar 15 Changed: Aug 30 Last Checked: Aug 30 at 3:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Property Pros

Investment Insights

Based on property information with market context.

This mixed-use property contains three separate units within a 2006-built asset. The upper residence offers three bedrooms, two bathrooms, a balcony, and coastal views from both the living room and kitchen. A one-bedroom, one-bath residential unit provides an additional living arrangement. The lower-level office is occupied by a long-term tenant. Two garages, each accommodating two cars, provide dedicated parking and storage for the residential units.

The property is at 1187 Main St in Morro Bay, within walking distance of the Morro Bay Embarcadero, downtown shops, and restaurants. The combination of residential accommodations, office space, garages, and ocean and rock views creates a clearly defined mixed-use configuration in a coastal setting.

Key Highlights

  • Three separate units: a 3‑bedroom, 2‑bath residence, a 1‑bedroom, 1‑bath unit, and a commercial office
  • Upper residence includes a private balcony with ocean and rock views
  • Downstairs office is occupied by a long‑term tenant

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Dental Office Grocery & Convenience Store Tech Support Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,247
Businesses Nearby

Demographics for 93442, CA

11,390
Population
6,537
Households
1.7
Avg Household Size
54
Median Age
45%
College-Educated
93%
High-School Grad
44.5 sq mi
ZIP Area
256
Density / Sq Mi
$92,163
Median Household Income
$50,651
Median Earnings
$1,815
Median Rent
$870,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-unit configuration includes residential space, a leased office, and two garages.
Where is this mixed-use property located?
The property is located at 1187 Main St Morro Bay, CA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Three separate units: a 3‑bedroom, 2‑bath residence, a 1‑bedroom, 1‑bath unit, and a commercial office; Upper residence includes a private balcony with ocean and rock views; Downstairs office is occupied by a long‑term tenant
More about this property
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