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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

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit B
  • 1,760 SF
  • Retail
  • $699,000 ($397.16/SF)
  • -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange, Lease Option
APN/Parcel ID 066-125-029
Description
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.
Sale Notes
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.
Unit Unit Size Condo Use Price NOI
Unit B 1,760 SF Retail $699,000 ($397.16/SF) -

Unit B

Unit Size
1,760 SF
Condo Use
Retail
Price
$699,000 ($397.16/SF)
NOI
-

Unit B

Unit Size 1,760 SF
Condo Use Retail
Price $699,000 ($397.16/SF)
NOI -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange, Lease Option
APN/Parcel ID 066-125-029
Description
Prime Downtown Morro Bay Commercial Opportunity<br> Turn-Key Retail/Commercial Space in the Heart of the Central Coast<br> An exceptional opportunity awaits owner-users and investors to acquire a premier commercial condominium in one of Morro Bay&#39;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.<br> <br> Property Highlights<br> Size: 1,760 sq ft of flexible ground-floor commercial space<br> Year Built: 2010 — modern construction with contemporary finishes<br> Zoning: C-1 (Central Business District Commercial)<br> Building Type: Mixed-use (commercial + residential above)<br> Condition: Turn-key, fully built out, ready for immediate occupancy<br> Previous Use: Established pharmacy with existing infrastructure in place<br> Parking: Convenient downtown parking with high foot traffic<br> A Rare Downtown Asset<br> 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&#39;s businesses and tenants demand. The care and craftsmanship put into this development make it a standout on the boulevard.</li></ul>
Sale Notes
Flexible C-1 Zoning — Endless Possibilities<br> Morro Bay&#39;s C-1 Central Business District zoning is among the most versatile in the city, permitting a wide range of uses including:<br> Retail Storefronts — boutiques, galleries, specialty goods, coastal-lifestyle brands<br> Personal Services — salons, spas, wellness studios, fitness concepts<br> Restaurants &amp; Caf&#233;s — with the potential for full-service dining, coffee shops, or wine/tasting rooms<br> Professional Offices — medical, dental, financial, legal, and creative<br> Mixed-Use Development — combining commercial with residential opportunities<br> This zoning flexibility maximizes leasing and resale potential, making it an ideal fit for both hands-on operators and passive investors.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 16,882 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Residential
  • General Retail Drugstore
  • General Retail Restaurant
  • General Retail Supermarket
Building Class B
Floors 1
Typical Floor Size 1,760 SF
Year Built 2010
Lot Size 0.75 AC
Zoning C-1 - Downtown -retail, personal services, restaurants, and mixed-use

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

CrossFit
Chase Bank
Mechanics Bank
Wells Fargo
Wells Fargo Home Mortgage
the Human Bean
Starbucks
Anytime Fitness
  • Listing ID: 41475398

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 600 Morro Bay Blvd, Morro Bay, CA 93442

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600 Morro Bay Blvd

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