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Ste B 600 Morro Bay Blvd 16,882 SF 100% Leased Retail Building Morro Bay, CA 93442 $700,000 ($41.46/SF)



Investment Highlights
- Size: 1,760 sq ft of flexible ground-floor commercial space
- Building Type: Mixed-use (commercial + residential above)
- Parking: Private, Gated, Underground Parking
- Year Built: 2010 — modern construction with contemporary finishes
- Condition: Turn-key, fully built out, ready for immediate occupancy
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
16,882 SF
Building Class
B
Year Built
2010
Price
$700,000
Price Per SF
$41.46
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.75 AC
Zoning
C-1 - Downtown -retail, personal services, restaurants, and mixed-use
Frontage
15’ on Morro Bay Blvd
Amenities
- 24 Hour Access
- Corner Lot
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,428,812 | |
| Land Assessment | $2,068,508 | Total Assessment | $4,497,320 |
Property Taxes
Parcel Numbers
Land Assessment
$2,068,508
Improvements Assessment
$2,428,812
Total Assessment
$4,497,320
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Ste B | 600 Morro Bay Blvd

