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Commercial Land on Bluff
For Sale
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Pending

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

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

Property SizeContact for details
Days on Market144

Property Features for 781 Market Ave and Adj. Parking Parcels

General Information

Standard status Pending
Property subtype Land
Listing Agency: McCarty Davis Commercial Real Estate
Listed By: Steve Davis · License #CA 01843738
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:35PM

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 McCarty Davis Commercial Real Estate

Investment Insights

Based on property information with market context.

This approximately 1.60-acre commercial land offering includes an existing restaurant, a lower parking lot, and an upper parking area. The site is divided between zoning designations C-VS/PD/S.4 and C-VS/PD/S.3/S.4, supporting a range of tourist service uses.

The property occupies a portion of the Embarcadero, Morro Bay’s primary tourist area. Other portions extend upward to a bluff with views over the Embarcadero and Morro Bay. The offering is intended for a buyer or lessor pursuing hospitality development on the site.

Key Highlights

  • Approximately 1.60 acres of commercial land
  • Located partly on the Embarcadero in Morro Bay
  • Bluff‑top portions overlook the Embarcadero and Morro Bay

Property Analytics

Current Use

Let's Get Tuned Gym & Fitness Center Julianna Gimelli Realtor Real Estate Agency Ramirez Morro Bay Law Firm

Suggested Use

Top Pick Dental Office HVAC Service (Bike/Boat/Book/etc) Store 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.

Location Intelligence

Trade Area within ½ mile

1,267
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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Zoning supports tourist service uses, with an existing restaurant and multiple parking areas on the property.
Where is this commercial land located?
The property is located at 781 Market Ave and Adj. Parking Parcels Morro Bay, CA.
What are key features of this property?
This property features: Approximately 1.60 acres of commercial land; Located partly on the Embarcadero in Morro Bay; Bluff‑top portions overlook the Embarcadero and Morro Bay
(805) 543-1801 Call to check price and availability
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