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Prime Commercial Land in Morro Bay
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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
Days on Market282

Property Features for 298 Atascadero Road

General Information

Standard status Active
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: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 29 at 6:19AM

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), the property offers potential uses as detailed in the C-VS zoning guidelines. The flat lot has potential access to city water, sewer, gas, and electrical utilities, as it formerly housed a warehouse. Located in a coastal setting, the property benefits from proximity to landmarks such as Morro Rock, Morro Bay State Park, and the Embarcadero, which features shops, galleries, and restaurants. The location is positioned to capture both tourist and local traffic. Situated off Highway 1 in Morro Bay, the property is approximately one mile from the restaurants and shops at Morro Rock and the Embarcadero. It is located next to a Motel 6 undergoing renovation and across the street from the newly constructed Hampton Inn Morro Bay. The property is near Morro Bay High School and is south of Highway 1, offering street-level exposure.

Key Highlights

  • 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.**

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