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    Versatile Harbor Street Commercial Space Title is generated by Realmo AI

    781 Harbor, Morro Bay, CA 93442

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    Claim this Listing
    New
    For Sale
    $429,000

    Commercial Sale - Morro Bay, CA

    Property size:
    1,409 SF
    Price / SF:
    $304/SF
    Added:
    Jun 10, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 11 at 10:06 pm

    Property Features for 781 Harbor

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    066071028
    Size
    1,409 SF

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1925
    Architectural style
    Other

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    Listing Contact
    ROBERTO CASTILLO

    Listing agent ROBERTO CASTILLO License #02155886

    Listing office ENCORE REAL ESTATE 3155 SEDONA COURT BLDG C, Ontario, CA

    Listing date Jun 10, 2026

    MLS# IV26126495 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime commercial property at 781 Harbor Street, Morro Bay
    • High‑visibility location on Harbor Street with easy access to the harbor, local shops, and dining
    • Community Commercial zoning
    • Year built: 1925
    • Close to Morro Bay State Park and Morro Rock for steady visitor exposure

    Overview

    This for-sale commercial property at 781 Harbor Street in Morro Bay offers a versatile setup suited to retail, office, or service-based businesses. With 1,409 square feet of space, the offering is configured for flexible day-to-day operations, supported by its high-visibility position along Harbor Street.

    The property is described as being in the heart of Morro Bay, with easy access to the harbor as well as nearby local shops and dining. It also benefits from proximity to prominent community attractions, including Morro Bay State Park and Morro Rock, which can help support consistent exposure to visitors and residents.

    For tenants or owner-operators, the asset’s practical mix of use potential and prominent storefront positioning makes it worth considering for a retail concept, a professional office, or a service-oriented operation looking for a Central location in Morro Bay. The Community Commercial zoning designation provides a framework for commercial activity within the property’s intended range of uses. Interested parties should verify specific permitted uses and requirements directly with the appropriate local authorities.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $37.2k $26.40
    − Vacancy −$2.2k −$1.58
    EGI $35.0k $24.82
    − OpEx −$8.7k −$6.20
    NOI $26.2k $18.61
    1,409 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $374.6K
    $327.8K – $437.1K (±1% cap)
    NOI $26,224 @ 7.0% cap · market cap 6.11%
    Second Best
    Retail
    $327.0K
    $286.1K – $381.5K (±1% cap)
    NOI $22,890 @ 7.0% cap · market cap 5.34%
    Theoretical Best
    Healthcare Medical
    $554.1K
    $484.9K – $646.5K (±1% cap)
    NOI $38,790 @ 7.0% cap · market cap 9.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morro Bay
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.8437477
    Latitude
    35.3663733

    FAQs

    What type of property is this?
    Retail space - For sale retail, office, or service space in a Community Commercial zoned location near the Morro Bay waterfront.
    Where is this retail space located?
    The property is located at 781 Harbor Morro Bay, CA.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: Prime commercial property at 781 Harbor Street, Morro Bay; High‑visibility location on Harbor Street with easy access to the harbor, local shops, and dining; Community Commercial zoning
    More about this property
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