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Mixed-Use Building with Vacation Rental
For Sale
Contact for pricing
Pending

831 Morro Bay Boulevard, Morro Bay, CA 93442

C2-zoned property combines a street-facing commercial suite with a licensed two-bedroom apartment.

Property SizeContact for details
Days on Market143

Property Features for 831 Morro Bay Boulevard

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Mixed Use, Retail
Zoning C2

Additional Details

Road Access Yes

Amenities

fenced back yard
storage sheds
laundry facilities
front and rear building access

Building Details

Year Renovated 2004
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Better Homes and Gardens Real Estate Haven Properties
Listed By: Monica King · License #CA 01229478
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:00PM

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 Better Homes and Gardens Real Estate Haven Properties

Investment Insights

Based on property information with market context.

This mixed-use property at 831 Morro Bay Boulevard includes a 1,262-square-foot commercial space on the ground level and a 495-square-foot, two-bedroom, two-bath apartment above. The commercial area has served as retail, grocery, and office space, while the upper unit was expanded and remodeled in 2004. The apartment includes ocean and rock views and an active Vacation Rental License.

The building is located in downtown Morro Bay and occupies a prominent position near the entrance to the city. Four designated onsite parking spaces supplement available street parking. Both components offer front and rear access, and the property also includes a fenced backyard, storage sheds, and laundry facilities. The building has undergone earthquake-safety retrofitting, and both units have updated finishes. C2 zoning supports a range of potential uses.

Key Highlights

  • Ground‑floor commercial space measures 1,262 square feet
  • Upper apartment is 495 square feet with 2 bedrooms and 2 baths
  • Active Vacation Rental License for the upper unit

Property Analytics

Current Use

Na's Traditional Thai,Foot ... Alternative Medicine Practice

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Law Firm

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,125
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 Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - C2-zoned property combines a street-facing commercial suite with a licensed two-bedroom apartment.
Where is this mixed-use property located?
The property is located at 831 Morro Bay Boulevard Morro Bay, CA.
What are key features of this property?
This property features: Ground‑floor commercial space measures 1,262 square feet; Upper apartment is 495 square feet with 2 bedrooms and 2 baths; Active Vacation Rental License for the upper unit
(805) 550-0603 Call to check price and availability
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