Morro Bay (MRBY) Homes with Mixed Use Subtype

Morro Bay (MRBY) Homes with Mixed Use Subtype

Welcome to Morro Bay, California, a picturesque coastal gem nestled in San Luis Obispo County. Known for its stunning natural beauty, vibrant community, and rich marine life, Morro Bay offers a lifestyle that perfectly balances leisure and opportunity. The iconic Morro Rock stands sentinel over the bay, providing a breathtaking backdrop for outdoor enthusiasts and nature lovers alike. With miles of pristine beaches, scenic hiking trails, and a thriving waterfront, residents enjoy a unique blend of relaxation and adventure.

In this charming coastal town, the real estate market is as diverse as its landscape, with homes that cater to a variety of lifestyles. One of the standout options is the Mixed Use subtype of homes, which offers a perfect blend of residential comfort and commercial potential. These properties are ideal for entrepreneurs looking to establish a business while enjoying the convenience of living right where they work. Imagine waking up to the sound of waves crashing and stepping out your front door to your own café, boutique, or studio.

Morro Bay’s Mixed Use homes are strategically located in bustling areas, ensuring that your business benefits from high visibility and foot traffic. With a welcoming community and a supportive local economy, this is the perfect environment for your dreams to flourish.

Whether you’re seeking a serene retreat or an entrepreneurial opportunity, Morro Bay’s Mixed Use homes provide the ideal canvas for your next chapter. Embrace the coastal lifestyle, where the ocean meets opportunity, and make Morro Bay your new home today!

Newest Morro Bay (MRBY) Homes with Mixed Use Subtype

213 Dunes Street, Morro Bay
$2,290,000
SC26221926 MLS ⋅ Active Status
A distinctive opportunity for coastal living and investment, ideally situated just steps from the water and moments from Morro Bay’s vibrant Embarcadero and downtown. Captivating bay and ocean views bring the beauty and sounds of the waterfront to life, while inviting outdoor decks provide the perfect setting to relax and embrace the coastal lifestyle. Extensively renovated in 2019 and 2023, this versatile four-unit property seamlessly blends comfortable coastal living with established short-term rental accommodations and the potential for additional income. Offering approximately 2,960 square feet of finished living space, the property features a main-level, one-bedroom owner's residence with a full kitchen, living room, laundry room, storage and bathroom. Upstairs, a second one-bedroom unit offers a full kitchen, living room, bathroom, sitting room (currently being used as a 2nd bedroom) and spectacular water views. Two additional upstairs studios each feature a kitchenette-style prep area and private bathroom. Three garages provide parking for up to five vehicles. Currently, the owners occupy one unit while operating the remaining three as short-term rentals, with an emphasis on providing a quiet, high-quality guest experience. The owner's residence presents an opportunity to generate additional rental income, offering flexibility for a future owner to enjoy the property as a personal coastal retreat, an income-producing investment, or a combination of both. Originally operated as a bed and breakfast, the property is situated within the C-VS (Visitor-Serving Commercial) and R-3 (Multifamily Residential) zoning districts. Short-term rental operations are permitted under applicable zoning provisions and are exempt from the City's residential short-term rental cap and waitlist, subject to City requirements. Upon acquisition, new owners must obtain their own City of Morro Bay business license and Transient Occupancy Tax (TOT) Certificate. The property is served by a single utility account, with one meter each for water, electricity, and gas. Buyers are advised to independently verify zoning, permitted uses, licensing requirements, and all regulations governing future rental operations with the City of Morro Bay.

213 Dunes Street, Morro Bay
600 Morro Bay Unit B, Morro Bay
$675,000
PI26159864 MLS ⋅ Active Status
Prime Downtown Morro Bay Commercial Opportunity Turn-Key Retail/Commercial Space in the Heart of the Central Coast An exceptional opportunity awaits owner-users and investors to acquire a premier commercial condominium in one of Morro Bay's finest mixed-use buildings. Suite B at 600 Morro Bay Boulevard offers 1,760 square feet of pristine, move-in-ready commercial space in a coveted downtown location, just steps from the iconic Embarcadero and world-famous Morro Rock. Property Highlights Size: 1,760 sq ft of flexible ground-floor commercial space Year Built: 2010 — modern construction with contemporary finishes Zoning: C-1 (Central Business District Commercial) Building Type: Mixed-use (commercial + residential above) Condition: Turn-key, fully built out, ready for immediate occupancy Previous Use: Established pharmacy with existing infrastructure in place Parking: Convenient downtown parking with high foot traffic A Rare Downtown Asset Constructed in 2010, this property stands as one of the newest and highest-quality commercial buildings in all of Morro Bay. While much of the downtown inventory dates back decades, 600 Morro Bay Blvd delivers modern building systems, updated ADA compliance, energy-efficient design, and the polished aesthetic that today's businesses and tenants demand. The care and craftsmanship put into this development make it a standout on the boulevard. Flexible C-1 Zoning — Endless Possibilities Morro Bay's C-1 Central Business District zoning is among the most versatile in the city, permitting a wide range of uses including: Retail Storefronts — boutiques, galleries, specialty goods, coastal-lifestyle brands Personal Services — salons, spas, wellness studios, fitness concepts Restaurants & Cafés — with the potential for full-service dining, coffee shops, or wine/tasting rooms Professional Offices — medical, dental, financial, legal, and creative Mixed-Use Development — combining commercial with residential opportunities This zoning flexibility maximizes leasing and resale potential, making it an ideal fit for both hands-on operators and passive investors.

600 Morro Bay Unit B, Morro Bay
830 Embarcadero, Morro Bay
$4,400,000
SC25135460 MLS ⋅ Active Status
Thriving Turnkey Bakery on Morro Bay's Premier Waterfront Strip! Welcome to an exceptional opportunity to own a successful, well-established bakery located directly on the iconic Embarcadero in Morro Bay - one of California's most Charming coastal destinations. This high-visibility location offers unbeatable foot traffic, drawing from nearly one million annual visitors who flock to the waterfront to enjoy local shopping, dining, and stunning views of Morro Rock. The bakery boasts a loyal local customer base and a steady stream of tourists year-round. With a cozy indoor seating area with bay views, outdoor garden patio, and a coastal aesthetic, the space invites guests to linger over fresh pastries, locally roasted coffee, and essential items. Whether you're an experienced operator or an aspiring entrepreneur, this turnkey bakery offers both stability and growth potential in one of the Central Coast's most sought-after locations. Take advantage of the momentum and make your mark in Morro Bay's vibrant culinary scene. Don't miss this rare chance to own a slice of coastal California's sweet success. Buyer to verify all information presented is correct.

830 Embarcadero, Morro Bay
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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