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    Morro Bay, CA
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    Morro Bay, CA Restaurants for Sale

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    Turnkey Restaurant Opportunity For Sale
    Updated: May 12
    Turnkey Restaurant Opportunity For Sale

    2490 Main St, Morro Bay, CA 93442

    Contact for pricing
    2,200 sqft
    Turn‑key restaurant opportunity ready for immediate operation.
    Already built out and operationally ready, minimizing upfront work.
    Suitable as an on‑site dining venue for a hotel.
    Suitable as a leased restaurant for an independent restaurateur.
    Versatile space adaptable to different restaurant concepts.
    View details
    Franchised Restaurant Property
    Updated: Apr 12
    Franchised Restaurant Property

    801 Piney Way, Morro Bay, CA 93442

    Contact for pricing
    Restaurant business operating for over 30 years
    Real estate includes the restaurant and a second structure
    Additional structure contains 2 tenants
    Transferable franchise agreement with no current royalty payment
    Located at 801 Piney Way, Morro Bay, CA 93442
    View details
    Commercial Land on Bluff
    Commercial Land on Bluff

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

    Contact for pricing

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

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 41 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 30 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.

    Renovated Restaurant with Patio
    Renovated Restaurant with Patio

    8501 El Camino Real, Atascadero, CA 93422

    $750,000
    1,700 sqft

    Updated restaurant building with indoor dining, private patio, commercial kitchen, and two restrooms.

    View details
    Turn-Key Restaurant Opportunity in Atascadero
    Turn-Key Restaurant Opportunity in Atascadero

    8501 San Ramon Rd, Atascadero, CA 93422

    $750,000
    1,775 sqft 0.07 AC lot

    Fully renovated restaurant with oversized patio in prime location.

    View details
    Milestone Tavern Restaurant Business
    Milestone Tavern Restaurant Business

    972 Foothill Boulevard, San Luis Obispo, CA 93401

    $950,000

    Established dine-in operation with a full bar program, Class 47 liquor license, and an existing service team.

    View details
    Iconic Restaurant in Downtown SLO
    Iconic Restaurant in Downtown SLO

    815 Palm St, San Luis Obispo, CA 93401

    $895,000
    0.02 AC lot

    Two-story restaurant in the heart of San Luis Obispo.

    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.

    Commercial Land with Beach Front
    Commercial Land with Beach Front

    Atascadero Road, Morro Bay, CA 93442

    $3,900,000
    3.73 AC lot

    CVS-zoned commercial land with beach frontage and public water service in Morro Bay.

    View details
    Vacant Double Lot in Cambria
    Vacant Double Lot in Cambria

    Pierce, Cambria, CA 93428

    Contact for pricing
    0.11 AC lot

    Vacant double lot with views and beach access.

    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.

    2848 Main St
    RESTAURANT

    2848 Main St, Morro Bay, CA 93442-1512

    $700,000
    Estimated value
    2,062 sqft 0.20 AC lot
    View details
    833 Embarcadero
    RESTAURANT

    833 Embarcadero, Morro Bay, CA 93442-2147

    $535,000
    Estimated value
    3,040 sqft 0.24 AC lot
    View details
    830 Embarcadero
    RESTAURANT

    830 Embarcadero, Morro Bay, CA 93442-2148

    $1,310,000
    Estimated value
    1,521 sqft 0.13 AC lot
    View details
    980 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    980 Main St, Morro Bay, CA 93442-2120

    $290,000
    Estimated value
    1,344 sqft 0.28 AC lot
    View details
    2490 Main St
    RESTAURANT

    2490 Main St, Morro Bay, CA 93442-1552

    $890,000
    Estimated value
    1,860 sqft 0.19 AC lot
    View details
    820 Morro Bay Blvd
    RESTAURANT

    820 Morro Bay Blvd, Morro Bay, CA 93442-2332

    $780,000
    Estimated value
    2,252 sqft 0.16 AC lot
    View details
    850 Quintana Rd
    RESTAURANT

    850 Quintana Rd, Morro Bay, CA 93442-2329

    $435,000
    Estimated value
    3,949 sqft 0.69 AC lot
    View details
    650 Morro Bay Blvd
    RESTAURANT

    650 Morro Bay Blvd, Morro Bay, CA 93442-1916

    $325,000
    Estimated value
    1,676 sqft 0.08 AC lot
    View details
    500 Embarcadero
    RESTAURANT

    500 Embarcadero, Morro Bay, CA 93442-2218

    $290,000
    Estimated value
    0.25 AC lot
    View details
    875 Embarcadero
    RESTAURANT

    875 Embarcadero, Morro Bay, CA 93442-2147

    $420,000
    Estimated value
    4,531 sqft 0.11 AC lot
    View details
    399 Bch St
    RESTAURANT

    399 Bch St, Morro Bay, CA 93442-2075

    $340,000
    Estimated value
    2,240 sqft 0.29 AC lot
    View details
    2780 Main St
    RESTAURANT

    2780 Main St, Morro Bay, CA 93442-1511

    $330,000
    Estimated value
    2,377 sqft 0.10 AC lot
    View details
    781 Market Ave
    RESTAURANT

    781 Market Ave, Morro Bay, CA 93442-2121

    $420,000
    Estimated value
    0.34 AC lot
    View details
    900 Main St
    BAR, TAVERN

    900 Main St, Morro Bay, CA 93442-2120

    $460,000
    Estimated value
    4,201 sqft 0.15 AC lot
    View details
    2940 Main St
    BAR, TAVERN

    2940 Main St, Morro Bay, CA 93442-1411

    $290,000
    Estimated value
    1,088 sqft 0.07 AC lot
    View details
    1698 Main St
    RESTAURANT

    1698 Main St, Morro Bay, CA 93442-1835

    $315,000
    Estimated value
    2,038 sqft 0.13 AC lot
    View details
    2770 Main St
    RESTAURANT

    2770 Main St, Morro Bay, CA 93442-1511

    $300,000
    Estimated value
    664 sqft 0.20 AC lot
    View details
    801 Market Ave
    RESTAURANT

    801 Market Ave, Morro Bay, CA 93442-2123

    $280,000
    Estimated value
    389 sqft 0.19 AC lot
    View details
    1185 Embarcadero
    RESTAURANT

    1185 Embarcadero, Morro Bay, CA 93442-2039

    $430,000
    Estimated value
    5,425 sqft 20.48 AC lot
    View details
    781 Quintana Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    781 Quintana Rd, Morro Bay, CA 93442-1943

    $485,000
    Estimated value
    2,869 sqft 0.24 AC lot
    View details
    899 Embarcadero
    RESTAURANT

    899 Embarcadero, Morro Bay, CA 93442-2147

    $1,010,000
    Estimated value
    6,948 sqft 0.23 AC lot
    View details

    Morro Bay, CA Restaurants Market Trends and Statistics

    Explore 33 restaurants for sale in Morro Bay, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,200 square feet of properties for sale.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3

    Demographics Overview

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

    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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