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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

$1,290,000
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.
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Based on your search, we've compiled 39 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 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.

Turnkey Restaurant with Private Patio
Turnkey Restaurant with Private Patio

8501 El Camino Real, Atascadero, CA 93422

$750,000
1,700 sqft

Fully renovated restaurant building with a commercial kitchen and private back patio seating with ADA access.

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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.

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Iconic Restaurant Building in SLO
Iconic Restaurant Building in SLO

815 Palm St, San Luis Obispo, CA

$895,000
2,078 sqft 0.03 AC lot

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

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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.

Zoned Commercial Land Parcel
Zoned Commercial Land Parcel

Atascadero Road, Morro Bay, CA 93442

$3,900,000
3.73 AC lot

Commercially zoned land offering a sizable lot on Atascadero Road in Morro Bay for development planning.

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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.

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C3 Zoned Commercial Land Parcel
C3 Zoned Commercial Land Parcel

Wisteria Lane, Paso Robles, CA 93446

$1,400,000
2.20 AC lot

Commercial land parcel is zoned C3 and spans 2.2 acres in Paso Robles, CA.

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Zoned C3 Commercial Land Parcel
Zoned C3 Commercial Land Parcel

Wisteria Lane, Paso Robles, CA 93446

$2,900,000
4.72 AC lot

Commercial land parcel totaling 4.72 acres, offered for sale and zoned C3 in Paso Robles, CA.

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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

$1,210,000
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

Value Estimation by Request
1,344 sqft 0.28 AC lot
View details
2490 Main St
RESTAURANT

2490 Main St, Morro Bay, CA 93442-1552

$830,000
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

$740,000
Estimated value
2,252 sqft 0.16 AC lot
View details
850 Quintana Rd
RESTAURANT

850 Quintana Rd, Morro Bay, CA 93442-2329

Value Estimation by Request
3,949 sqft 0.69 AC lot
View details
650 Morro Bay Blvd
RESTAURANT

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

Value Estimation by Request
1,676 sqft 0.08 AC lot
View details
500 Embarcadero
RESTAURANT

500 Embarcadero, Morro Bay, CA 93442-2218

Value Estimation by Request
0.25 AC lot
View details
875 Embarcadero
RESTAURANT

875 Embarcadero, Morro Bay, CA 93442-2147

Value Estimation by Request
4,531 sqft 0.11 AC lot
View details
399 Bch St
RESTAURANT

399 Bch St, Morro Bay, CA 93442-2075

Value Estimation by Request
2,240 sqft 0.29 AC lot
View details
2780 Main St
RESTAURANT

2780 Main St, Morro Bay, CA 93442-1511

Value Estimation by Request
2,377 sqft 0.10 AC lot
View details
781 Market Ave
RESTAURANT

781 Market Ave, Morro Bay, CA 93442-2121

Value Estimation by Request
0.34 AC lot
View details
900 Main St
BAR, TAVERN

900 Main St, Morro Bay, CA 93442-2120

Value Estimation by Request
4,201 sqft 0.15 AC lot
View details
2940 Main St
BAR, TAVERN

2940 Main St, Morro Bay, CA 93442-1411

Value Estimation by Request
1,088 sqft 0.07 AC lot
View details
1698 Main St
RESTAURANT

1698 Main St, Morro Bay, CA 93442-1835

Value Estimation by Request
2,038 sqft 0.13 AC lot
View details
2770 Main St
RESTAURANT

2770 Main St, Morro Bay, CA 93442-1511

Value Estimation by Request
664 sqft 0.20 AC lot
View details
801 Market Ave
RESTAURANT

801 Market Ave, Morro Bay, CA 93442-2123

Value Estimation by Request
389 sqft 0.19 AC lot
View details
1185 Embarcadero
RESTAURANT

1185 Embarcadero, Morro Bay, CA 93442-2039

Value Estimation by Request
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

Value Estimation by Request
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
655 Morro Bay Blvd
DRIVE-THRU RESTAURANT, FAST FOOD

655 Morro Bay Blvd, Morro Bay, CA 93442-1915

Value Estimation by Request
1,760 sqft 0.38 AC lot
View details
781 Market Ave
RESTAURANT

781 Market Ave, Morro Bay, CA 93442-2121

$555,000
Estimated value
10,100 sqft 0.17 AC lot
View details

Morro Bay, CA Restaurants Market Trends and Statistics

Explore 31 restaurants for sale in Morro Bay, CA on our real estate platform. These investment opportunities span a total of 2,200 square feet of properties for sale, with an estimated market value of $1,290,000.

Sale prices for restaurant properties in Morro Bay, CA start at $1,290,000, averaging $1,290,000, and reaching up to $1,290,000 — 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

Conventional restaurants 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 $1.3M

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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