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    Los Osos, CA Cayucos, CA San Luis Obispo, CA Atascadero, CA Templeton, CA Santa Margarita, CA Avila Beach, CA Paso Robles, CA
    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
    View details
    See what stands out in San Luis Obispo County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Morro Bay, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 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.

    Four-Suite Professional Medical Office
    Four-Suite Professional Medical Office

    894 Meinecke, San Luis Obispo, CA 93405

    $1,650,000
    4,814 sqft

    Well maintained four-suite office building with long-term tenancies, located one block from Sierra Vista Hospital.

    View details
    Remodeled Office with High Visibility
    Remodeled Office with High Visibility

    8795 Morro Rd, Atascadero, CA 93422

    $849,000
    1,451 sqft

    Newly remodeled commercial office with versatile space and ample parking.

    View details
    Freestanding Commercial Condo in Atascadero
    Freestanding Commercial Condo in Atascadero

    8840 Morro Road, Atascadero, CA 93422

    $550,000
    1,400 sqft

    Commercial condo with long-term lease near Highway 41 West.

    View details
    Single-Level Office Condo Suite
    Single-Level Office Condo Suite

    104-3592 Broad St, San Luis Obispo, CA 93405

    $325,000

    Single-level office condo suite with reception, meeting room, open workspace, kitchen/break area, and private patio.

    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.

    Neighborhood Commercial Land
    Neighborhood Commercial Land

    2040 Prado Road, San Luis Obispo, CA 93401

    $3,900,000
    3.59 AC lot

    The site includes a blue-top pad, completed offsite improvements, and public water service.

    View details
    Commercial Land Zoned CR
    Commercial Land Zoned CR

    155 Cow Meadow Place, Paso Robles, CA 93446

    $700,000
    2.07 AC lot

    2.07-acre parcel zoned CR, available for sale and suited for commercial development planning.

    View details
    C3 Commercial Land Parcel
    C3 Commercial Land Parcel

    Wisteria Lane, Paso Robles, CA 93446

    $1,400,000
    2.20 AC lot

    Build-ready commercial land with completed improvements, fiber optic service, and public water in Paso Robles.

    View details
    C3 Commercial Land Parcel
    C3 Commercial Land Parcel

    Wisteria Lane, Paso Robles, CA 93446

    $2,900,000
    4.72 AC lot

    C3 zoning with completed on-site and off-site improvements, including fiber optic service.

    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.

    895 Napa Ave Ste B3
    CONDOMINIUM OFFICES

    895 Napa Ave Ste B3, Morro Bay, CA 93442-1946

    Estimated value:
    $790,000
    896 sqft 0.02 AC lot
    View details
    895 Napa Ave Ste B4
    CONDOMINIUM OFFICES

    895 Napa Ave Ste B4, Morro Bay, CA 93442-1946

    Estimated value:
    $790,000
    600 sqft 0.02 AC lot
    View details
    895 Napa Ave Ste A5
    CONDOMINIUM OFFICES

    895 Napa Ave Ste A5, Morro Bay, CA 93442-1945

    Estimated value:
    $790,000
    608 sqft 0.02 AC lot
    View details
    895 Napa Ave Ste B5
    CONDOMINIUM OFFICES

    895 Napa Ave Ste B5, Morro Bay, CA 93442-1946

    Estimated value:
    $790,000
    608 sqft 0.02 AC lot
    View details
    895 Napa Ave Ste A6
    CONDOMINIUM OFFICES

    895 Napa Ave Ste A6, Morro Bay, CA 93442-1945

    Estimated value:
    $790,000
    594 sqft 0.02 AC lot
    View details
    895 Napa Ave Ste A2
    CONDOMINIUM OFFICES

    895 Napa Ave Ste A2, Morro Bay, CA 93442-1945

    Estimated value:
    $790,000
    594 sqft 0.01 AC lot
    View details
    895 Napa Ave Ste A4
    CONDOMINIUM OFFICES

    895 Napa Ave Ste A4, Morro Bay, CA 93442-1945

    Estimated value:
    $790,000
    594 sqft 0.19 AC lot
    View details
    895 Napa Ave Ste A3
    CONDOMINIUM OFFICES

    895 Napa Ave Ste A3, Morro Bay, CA 93442-1945

    Estimated value:
    $790,000
    896 sqft 0.02 AC lot
    View details
    325 Pacific St
    PROFESSIONAL BUILDING

    325 Pacific St, Morro Bay, CA 93442-2203

    Estimated value:
    $540,000
    390 sqft 0.09 AC lot
    View details
    3240 Main St
    OFFICE BUILDING

    3240 Main St, Morro Bay, CA 93442-2911

    Estimated value:
    $315,000
    1,546 sqft 0.17 AC lot
    View details
    1170 Main St
    PROFESSIONAL BUILDING

    1170 Main St, Morro Bay, CA 93442-2006

    Estimated value:
    $305,000
    640 sqft 0.01 AC lot
    View details
    665 Main St
    PROFESSIONAL BUILDING

    665 Main St, Morro Bay, CA 93442-2269

    Estimated value:
    $270,000
    1,666 sqft 0.26 AC lot
    View details
    625 Main St
    PROFESSIONAL BUILDING

    625 Main St, Morro Bay, CA 93442-2221

    Estimated value:
    $280,000
    3,264 sqft 0.20 AC lot
    View details
    645 Main St
    OFFICE BUILDING

    645 Main St, Morro Bay, CA 93442-2273

    Estimated value:
    $445,000
    1,792 sqft 0.19 AC lot
    View details
    660 Hbr St
    OFFICE BUILDING

    660 Hbr St, Morro Bay, CA 93442-1906

    Estimated value:
    $430,000
    1,121 sqft 0.12 AC lot
    View details
    760 Morro Bay Blvd
    OFFICE BUILDING

    760 Morro Bay Blvd, Morro Bay, CA 93442-1918

    Estimated value:
    $300,000
    2,943 sqft 0.18 AC lot
    View details
    5405 El Camino Real, Unit 101
    CONDOMINIUM OFFICES

    5405 El Camino Real, Morro Bay, CA 93442

    Unit 101
    Estimated value:
    $75,000
    1,183 sqft 0.03 AC lot
    View details
    1190 Main St
    CONDOMINIUM OFFICES

    1190 Main St, Morro Bay, CA 93442-2006

    Estimated value:
    $280,000
    402 sqft 0.01 AC lot
    View details
    2700 Main St
    OFFICE BUILDING

    2700 Main St, Morro Bay, CA 93442-1511

    Estimated value:
    $175,000
    1,748 sqft 0.17 AC lot
    View details
    590 Hbr St
    CONDOMINIUM OFFICES

    590 Hbr St, Morro Bay, CA 93442-1904

    Estimated value:
    $485,000
    1,631 sqft 0.04 AC lot
    View details
    1052 Main St Ste A
    CONDOMINIUM OFFICES

    1052 Main St Ste A, Morro Bay, CA 93442-4005

    Estimated value:
    $275,000
    713 sqft 0.02 AC lot
    View details
    695 Morro Ave, Unit D
    CONDOMINIUM OFFICES

    695 Morro Ave, Morro Bay, CA 93442-2233

    Unit D
    Estimated value:
    $265,000
    871 sqft 0.02 AC lot
    View details
    695 Morro Ave
    CONDOMINIUM OFFICES

    695 Morro Ave, Morro Bay, CA 93442-2233

    Estimated value:
    $290,000
    871 sqft 0.02 AC lot
    View details

    Morro Bay, CA Office Spaces Market Trends and Statistics

    Explore 68 office spaces for sale in Morro Bay, CA 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 $1,649,000.

    Sale prices for office spaces in Morro Bay, CA average $1,649,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 1

    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 $1.6M

    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

    Realmo connects you with licensed Morro Bay CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

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

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