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Commercial Land for Sale in Morro Bay, California

Atascadero Rd, Morro Bay, CA 93442

$3,900,000
3.73 acres
Active
Est $28,926/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.

Location

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

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

Property details

Acreage
3.73 acres
Zoning
CVS
MLS #
MRMLS SC23145620
Posted

Parcels

  • 065182009

Details and features

Listing

Type
Land

Lot

View
Ocean
Features
Beach Front

Exterior

Features
Biking Community Features Included, Golf, Park

Listing history

DateEventPriceChangeSource
Aug 11, 2023Price increase$3,900,000$100,000 2.6%MRMLS
Aug 6, 2023New listing$3,800,000MRMLS
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This 3.73-acre property is located at Atascadero Rd in Morro Bay, CA 93442. The property is available for sale for $3,900,000 with a price per acre of $1,045,576.

Checked 5 mins ago — Updated

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