Commercial Land for Sale in Morro Bay, California

Atascadero Rd Morro Bay, CA 93442

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$3,900,000
3.73 acres
Active sale agoEst $30,567/mo

Here's a rare opportunity to buy prime ocean front land zoned for commercial visitor use. This unique offering includes 3.73 acres fronting Morro Bay's famous sand dunes, 3-mile beach strand, and historic Morro Rock. Morro Bay is a vacation destination beach town known for its fishing village atmosphere, outstanding restaurants, sailing and boating, and fresh clean air. Morro Bay is an easy drive to Cayucos, and Cambria to Hearst Castle, then over the hills to Paso Robles and then down to San Luis Obispo to get an overall county tour of our beautiful wineries and to savor the taste of premium wines. Stop by Cal Poly, and our world famous Spanish mission of San Luis Obispo de Tolosa founded in 1772. The subject is located at the epicenter of our county activities. Possible uses are a major brand hotel complex with accessory shops & restaurant, an Ocean Institute and Coastal Visitor Center, or an RV park & storage. The owner had an extensive 82-page biological and wetland assessment report prepared in 2001. The report and a visual inspection indicates the lots have extensive coverage of scrub willow trees and ice plants, which should not be an issue to develop. The heirs to this estate will make it available for disclosures purposes only with an accepted offer. The City will require an updated report, a soil report, and a set of plans to apply for a building permit. Whatever your intended use, the City and Coastal Commission are mandated to give commercial visitor serving use a priority.

Directions

Hwy 1 to Atascadero Rd then west to the ocean. Lots are located north of the old sewer plant and south of the high school

Location

Street Address
Atascadero Rd
Community
Beach Tract(730)
Elevation
135 feet
Coordinates
35.3803, -120.8604

Property details

Zoning
CVS
MLS Number
MRMLS SC23145620
Date Posted

Parcels

  • 065182009

This 3.73-acre property is located at Atascadero Rd in Morro Bay, CA 93442 with latitude 35.3803 and longitude -120.8604. The property is currently available for sale for $3,900,000 with a price per acre of $1,045,576. Listing data is sourced from California Regional Multiple Listing Service # SC23145620.

Verify sale details at the property source or contact Franklin Real Estate & Rentals at (805) 772-4277.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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