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    Morro Bay, CA
    Mixed-Use

    Morro Bay, CA Mixed-use Properties for Sale

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    Triplex with Commercial Unit
    Updated: Jul 27
    Triplex with Commercial Unit

    1160 West, Morro Bay, CA 93442

    $1,725,000
    0.10 AC lot
    3,094 square feet across a triplex with two residential units and one downstairs commercial unit
    Upper apartment offers 3 bedrooms, 1 full bath, indoor laundry, and views of Morro Rock and the harbor
    Lower apartment includes a large 1‑bedroom layout, 1 bath, office, and indoor laundry
    Detached 1‑car garage plus 4 off‑street parking spaces
    40.9 ft x 112 ft street‑to‑street lot in Morro Bay’s Embarcadero neighborhood
    View details
    Mixed-Use Property with Ocean Views
    Updated: Jun 26
    Mixed-Use Property with Ocean Views

    1187 Main, Morro Bay, CA 93442

    $1,649,000
    2,975 sqft
    Three separate units: a 3‑bedroom, 2‑bath residence, a 1‑bedroom, 1‑bath unit, and a commercial office
    Upper residence includes a private balcony with ocean and rock views
    Downstairs office is occupied by a long‑term tenant
    Two 2‑car garages provide dedicated parking and storage
    Within walking distance of the Morro Bay Embarcadero and downtown shops and restaurants
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    Triplex with Detached Garage
    Triplex with Detached Garage

    1160 West St, Morro Bay, CA 93442

    $1,725,000

    Three-unit property combining two residential apartments with a downstairs commercial space and on-site parking.

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    See hot listings in Morro Bay

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 3 Active listings in Morro Bay, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    668 Marsh, San Luis Obispo, CA 93401

    $2,100,000
    6,880 sqft

    Retail and professional office space with direct Marsh Street frontage in downtown San Luis Obispo.

    View details
    Mixed-Use Development Site
    Mixed-Use Development Site

    1390 Walker, San Luis Obispo, CA 93401

    $4,600,000
    1,400 sqft 1.10 AC lot

    City-approved for a 49-unit residential project and includes an existing 1,420 sq ft commercial building with added approval.

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    Mixed-Use Retail and Office Property
    Mixed-Use Retail and Office Property

    2084 9th Street, Los Osos, CA 93402

    Contact for pricing
    5,200 sqft

    The building is fully occupied by a mix of retail and office tenants.

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    Mixed-Use Property with Upstairs Residence
    Mixed-Use Property with Upstairs Residence

    Los Osos, CA 93402

    $725,000

    The upper one-bedroom residence has its own side entrance, while the lower level contains office space.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Paso Robles Development Opportunity
    Paso Robles Development Opportunity

    6440 Buena Vista Dr, Paso Robles, CA 93446

    $7,500,000
    38.50 AC lot

    38.5 acre parcel near Paso Robles Airport.

    View details

    Off-Market Properties in Morro Bay, CA

    Consider similar Off-Market properties in Morro Bay, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1160 Ww St
    OFFICE/RESIDENTIAL (MIXED USE)

    1160 Ww St, Morro Bay, CA 93442-2036

    Estimated value:
    $350,000
    3,094 sqft 0.10 AC lot
    View details
    904 Monterey Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    904 Monterey Ave, Morro Bay, CA 93442-2132

    Estimated value: by Request
    766 sqft 0.20 AC lot
    View details
    320 Avalon St
    OFFICE/RESIDENTIAL (MIXED USE)

    320 Avalon St, Morro Bay, CA 93442-1608

    Estimated value:
    $90,000
    442 sqft 0.06 AC lot
    View details
    1172 Ww St
    OFFICE/RESIDENTIAL (MIXED USE)

    1172 Ww St, Morro Bay, CA 93442

    Estimated value:
    $1,225,000
    1,040 sqft 0.05 AC lot
    View details
    320 Panay St
    OFFICE/RESIDENTIAL (MIXED USE)

    320 Panay St, Morro Bay, CA 93442-2930

    Estimated value:
    $300,000
    2,015 sqft 0.06 AC lot
    View details
    1158 Quintana Rd, Unit J
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1158 Quintana Rd, Morro Bay, CA 93442-2455

    Unit J
    Estimated value:
    $440,000
    1,229 sqft 0.03 AC lot
    View details
    225 Atascadero Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    225 Atascadero Rd, Morro Bay, CA 93442-1516

    Estimated value:
    $240,000
    1,088 sqft 0.93 AC lot
    View details
    2815 Alder Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    2815 Alder Ave, Morro Bay, CA 93442-1502

    Estimated value:
    $875,000
    2,648 sqft 0.31 AC lot
    View details
    642 Morro Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    642 Morro Ave, Morro Bay, CA 93442-2234

    Estimated value:
    $245,000
    440 sqft 0.20 AC lot
    View details
    1116 Quintana Rd, Unit C
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1116 Quintana Rd, Morro Bay, CA 93442-2455

    Unit C
    Estimated value:
    $755,000
    1,229 sqft 0.03 AC lot
    View details
    1122 Quintana Rd, Unit D
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1122 Quintana Rd, Morro Bay, CA 93442-2455

    Unit D
    Estimated value:
    $755,000
    1,234 sqft 0.03 AC lot
    View details
    210 Marina St
    OFFICE/RESIDENTIAL (MIXED USE)

    210 Marina St, Morro Bay, CA 93442-2245

    Estimated value:
    $295,000
    1,776 sqft 0.13 AC lot
    View details
    1114 Quintana Rd, Unit B
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1114 Quintana Rd, Morro Bay, CA 93442-2455

    Unit B
    Estimated value:
    $445,000
    1,229 sqft 0.03 AC lot
    View details
    1199 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    1199 Main St, Morro Bay, CA 93442-2005

    Estimated value:
    $1,140,000
    3,507 sqft 0.16 AC lot
    View details
    1031 Allesandro St
    OFFICE/RESIDENTIAL (MIXED USE)

    1031 Allesandro St, Morro Bay, CA 93442-2406

    Estimated value:
    $190,000
    800 sqft 0.11 AC lot
    View details
    1164 Quintana Rd, Unit K
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1164 Quintana Rd, Morro Bay, CA 93442-2455

    Unit K
    Estimated value:
    $300,000
    1,275 sqft 0.03 AC lot
    View details
    888 Napa Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    888 Napa Ave, Morro Bay, CA 93442-1922

    Estimated value:
    $1,565,000
    800 sqft 0.33 AC lot
    View details
    767 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    767 Main St, Morro Bay, CA 93442-2115

    Estimated value:
    $540,000
    880 sqft 0.21 AC lot
    View details
    745 Hbr St
    OFFICE/RESIDENTIAL (MIXED USE)

    745 Hbr St, Morro Bay, CA 93442-1907

    Estimated value:
    $295,000
    2,341 sqft 0.31 AC lot
    View details
    1035 Morro Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    1035 Morro Ave, Morro Bay, CA 93442-2017

    Estimated value:
    $265,000
    971 sqft 0.16 AC lot
    View details
    630 Embarcadero
    OFFICE/RESIDENTIAL (MIXED USE)

    630 Embarcadero, Morro Bay, CA 93442-2220

    Estimated value:
    $1,840,000
    2,391 sqft 0.17 AC lot
    View details

    Morro Bay, CA Mixed-Use Properties Market Trends and Statistics

    Explore 72 mixed-use properties for sale in Morro Bay, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,975 square feet of properties for sale, with an estimated market value of $5,099,000.

    Sale prices for multi use buildings in Morro Bay, CA start at $1,649,000, averaging $1,699,666, and reaching up to $1,725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.3%
    Median Household Income $92,163
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

    Identify Morro Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93442 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $12.55 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Featured Morro Bay Real Estate Agencies

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    Franklin Real Estate & Rentals
    798 Morro Bay Boulevard Morro Bay, CA 93442
    Phone: 18057724277
    www.thefranklinteam.com/
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