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Prime Commercial Land Near Highway 1
For Lease
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298 Atascadero Road, Morro Bay, CA 93442

1.63-acre commercial land for lease near Highway 1.

Space SizeContact for details
Lot Size1.63 Acres
Days on Market178

Property Features for 298 Atascadero Road

General Information

Standard status Active
Lot size 1.63 Acres
Property subtype Land

Spaces For Lease

at 298 Atascadero Road Contact us

Morro Bay 1.63 Acre Vacant Lot

Type
Retail
Term
To be Determined
Rate
Contact for pricing
Contact us
Listing Agency: Sperry Commercial Global Affiliates Irvine
Listed By: Luis Vazquez · License #CalDRE #00841513
Source: Sperrycga
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 29 at 8:44AM

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 Sperry Commercial Global Affiliates Irvine

Investment Insights

Based on property information with market context.

This 1.63-acre property is available for lease, with rental rates and terms to be negotiated. Zoned Visitor-serving commercial (C-VS) district, the property offers several potential uses as detailed in the C-VS zoning. The flat lot has potential access to city water, sewer, gas, and electrical, as it once served as a warehouse location. Situated in a picturesque coastal setting that attracts visitors and businesses, the property is conveniently located off Hwy 1 in Morro Bay's coastal fishing village. Landmarks such as Morro Rock, Morro Bay State Park, and the Embarcadero are nearby. The location benefits from a steady flow of tourists and locals. The restaurants and shops at Morro Rock and the Embarcadero are just a scenic, one-mile walk away. The property is next door to a Motel 6 being renovated and across the street from the newly constructed Hampton Inn Morro Bay. The property is near newer developments across the street, including Morro Bay Hampton Inn, Morro Bay High School and a Motel 6 under renovation. The property also features street-level exposure.

Key Highlights

  • 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.

Property Analytics

Current Use

Motel 6 Morro ... Hotel & Motel

Suggested Use

Top Pick HVAC Service Pharmacy Daycare Center Law Firm Garden Center Computer & Electronic Repair

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

204
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.63-acre commercial land for lease near Highway 1.
Where is this commercial land located?
The property is located at 298 Atascadero Road Morro Bay, CA.
What are key features of this property?
This property features: 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.
More about this property
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