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In the heart of Morro Bay, this exceptional legacy mixed-use property spans three legal APNs/Lots and offers a rare investment opportunity. The property includes a 975-square-foot single-family home at 753 Piney Way, a commercial retail building, and a 1,676-square-foot restaurant. The retail building, located at the corner of Morro Bay Blvd and Piney Way, houses three commercial units: 775 Piney Way with 1,400 square feet (currently occupied by a pest control company), 698 Morro Bay Blvd with 1,600 square feet (formerly a dance studio), 696 Morro Bay Blvd with 1,300 square feet (currently occupied by a thrift store). Sitting on its own legal lot is 650 Morro Bay Blvd with a 1,676-square-foot restaurant. The property also includes a 6,650-square-foot parking lot. Please note that the businesses are not for sale; this listing is for the real estate only. This is a unique opportunity to own a versatile multi-use property in the vibrant coastal community of Morro Bay. All measurements are approximate and have not been verified.
Property Type(s):
Single Family
| Last Updated | 11/6/2024 | Tract | Morro Heights (810) |
|---|---|---|---|
| Year Built | 1928 | Community | Morro Bay |
| Garage Spaces | 2.0 | County | San Luis Obispo |
SCHOOLS
| School District | San Luis Coastal Unified |
|---|
Price History
| Prior to Nov 6, '24 | $2,750,000 |
|---|---|
| Nov 6, '24 - Today | $2,500,000 |
Additional Details
| AIR | None |
|---|---|
| AREA | Morro Bay |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HOA DUES | 0 |
| LOT | 0.41 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Morro Heights (810) |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Coast Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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