Franchised Restaurant
For Sale
Contact for pricing
Pending
801 Piney Way, Morro Bay, CA 93442
Established restaurant business with an additional income-producing structure containing two tenants.
Property SizeContact for details
Days on Market141
Property Features for 801 Piney Way
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Buildings
2
Listing Agency:
Robert Mitelhaus
(661) 373-7443
Listed By:
Robert Mitelhaus · License #CA 01387194
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 9:18AM
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 Robert Mitelhaus
Investment Insights
Based on property information with market context.
This established franchised restaurant business is offered with its underlying real estate and a second structure on the parcel. The additional building contains two tenants, creating a multi-structure property configuration. The restaurant has operated for over 30 years and is identified as a longstanding business in the community.
The property is located at 801 Piney Way in Morro Bay, California. The franchise carries a transferable long-term agreement under which the current store does not pay royalties. Current operations are closed on Wednesdays and end at 9:00 PM, while breakfast is not presently served. The business and real estate are required to transfer together unless the business is sold before the real estate transaction.
The property is located at 801 Piney Way in Morro Bay, California. The franchise carries a transferable long-term agreement under which the current store does not pay royalties. Current operations are closed on Wednesdays and end at 9:00 PM, while breakfast is not presently served. The business and real estate are required to transfer together unless the business is sold before the real estate transaction.
Key Highlights
- Restaurant business operating for over 30 years
- Real estate includes the restaurant and a second structure
- Additional structure contains 2 tenants
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,280
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant business with an additional income-producing structure containing two tenants.
Where is this conventional restaurant located?
The property is located at 801 Piney Way Morro Bay, CA.
What are key features of this property?
This property features: Restaurant business operating for over 30 years; Real estate includes the restaurant and a second structure; Additional structure contains 2 tenants
