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2490 Main St 2,200 SF Retail Building Morro Bay, CA 93442 $1,290,000 ($586.36/SF)
Investment Highlights
- Offered as a turnkey restaurant property requiring minimal start-up costs for activation.
- Renovated in 2026 to optimize operational readiness and enhance interior finishes.
- Situated within a premier coastal destination attracting year-round tourism and dining demand.
- Positioned on Main Street with strong frontage and multiple signage opportunities.
- Features approximately 14 parking spaces on-site, supporting strong patron convenience.
- Priced at $1,290,000, offering an accessible entry point for operators or investor-users.
Executive Summary
Offering at $1,290,000,a turn key restaurant opportunity designed for immediate activation. The space is already built out and operationally ready, allowing a new operator to step in and execute their concept with minimal upfront work. It can seamlessly serve as an on site dining venue for a hotel looking to enhance the guest experience, or function as a leased restaurant for an independent restaurateur. With its versatility and existing improvements, the property offers both convenience and strong upside potential.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,200 SF
Building Class
C
Year Built/Renovated
1953/2026
Price
$1,290,000
Price Per SF
$586.36
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.19 AC
Zoning
CT - Commercial Tourist
Parking
14 Spaces (6.36 Spaces per 1,000 SF Leased)
Frontage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 068-333-025 | Improvements Assessment | $371,422 |
| Land Assessment | $451,013 | Total Assessment | $822,435 |
Property Taxes
Parcel Number
068-333-025
Land Assessment
$451,013
Improvements Assessment
$371,422
Total Assessment
$822,435
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2490 Main St