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Coastal Restaurant Opportunity with Expansive Patio on Morro Bay Blvd Rare opportunity to lease a highly visible restaurant space along Morro Bay Boulevard, one of the city's primary routes connecting Highway 1, downtown Morro Bay, and the waterfront. The ±1,739 SF space includes a large outdoor patio, ample parking, commercial hood & Ansul system, exterior grease trap, and rear service access. Ownership is planning major exterior improvements including a new glass storefront, pergolas, additional dining windows, and patio gas infrastructure for outdoor heating. The patio benefits from natural wind protection, creating a comfortable year-round outdoor dining environment. Ownership will provide a $20,000 Tenant Improvement Allowance. For well-qualified tenants, additional tenant improvement financing may be available and amortized over the lease term at an 8% interest rate, subject to landlord approval of tenant financials and lease structure. Asking Rent: $6,250/month Gross.
Property Type(s):
Commercial
| Last Updated | 5/20/2026 | Year Built | 1961 |
|---|---|---|---|
| Community | MRBY - Morro Bay | County | San Luis Obispo |
Additional Details
| AREA | MRBY - Morro Bay |
|---|---|
| CONSTRUCTION | Block, Wood Siding |
| LOT | 3589 sq ft |
| LOT DIMENSIONS | 3591 |
| STORIES | 1 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with Pacifica Commercial Realty
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