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Perfectly situated along scenic Highway 41 between Atascadero and Morro Bay, this unique 1.42-acre property features both a fully operational restaurant and a private residence, offering an exceptional live-work or investment opportunity. The site is home to the well-known "Halfway Station" restaurant. One of the County's longest-standing business sites is slated for immediate use. It features a spacious bar, commercial kitchen, and recent interior/exterior improvements that enhance both function and curb appeal. A popular stop for locals and travelers alike, the venue benefits from steady Hwy visibility and includes an expansive ABC-permitted beer-and-wine service area, creating strong potential for continued business success. The outdoor setting is a standout feature, with a large 900-square-foot covered patio, generous shaded seating areas amongst the landscape, and a handcrafted stage, making it ideal for live music, private events, and community gatherings. Sequestered on the property, the single-level residence spans 1,360 square feet with three bedrooms and two bathrooms, offering comfortable living with thoughtful updates, including a new roof, upgraded HVAC system, modernized plumbing, and a two-car garage. Expansive windows and outdoor spaces capture sweeping views of the surrounding hillsides, dotted with oak groves, enhancing the natural setting. The acreage is flat, usable, and well-suited for a variety of needs, complete with RV hookups and storage sheds for added flexibility. Two productive wells provide a reliable and valuable water source, supporting both residential and commercial use. Adding to its appeal is the rare grandfathered mixed-use status in a Rural Residential zone, which allows a seamless blend of business and living, a feature increasingly difficult to find! Whether envisioned as a thriving hospitality venture, a live-work retreat, or a long-term investment on the Central Coast, this property offers exceptional versatility and potential in a highly desirable location.
Property Type(s):
Commercial
| Last Updated | 5/1/2026 | Year Built | 1981 |
|---|---|---|---|
| Community | ATSC - Atascadero | County | San Luis Obispo |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | ATSC - Atascadero |
| CONSTRUCTION | Metal Siding, Wood Siding |
| HEAT | Forced Air, Propane |
| LOT | 1.42 acre(s) |
| LOT DESCRIPTION | Back Yard, Corner Lot, Greenbelt, Landscaped, Level |
| LOT DIMENSIONS | 61855 |
| STORIES | 1 |
| UTILITIES | Cable Available, Electricity Connected, Propane |
| WATER | Well |
Location
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Listed with Ciano Real Estate, Inc.
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