Millman Team Real Estate

$850,000
0.08 Acre Lot

845 Napa Avenue, Morro Bay, California 93442

  • Commercial Sale Property Type
  • 1965 Year Built
Property Description

Rare investment opportunity in the heart of downtown Morro Bay, one of California’s most desirable coastal communities. Ideally positioned just moments from the Embarcadero, waterfront, boutique shopping, restaurants, galleries, and everyday conveniences, this prime commercial property enjoys excellent visibility and steady year round foot traffic.

The building consists of three separate suites, each with its own entrance and occupied by established tenants, providing immediate income potential. Five dedicated parking spaces offer added convenience, along with nearby street parking. The property also presents the opportunity for future expansion, creating additional value and flexibility for investors.

Whether you are seeking a stable income producing asset, long term appreciation, or a strategic investment in a thriving coastal market, this property offers a rare opportunity in one of the Central Coast’s most sought after downtown locations. Please do not disturb tenants.

Basic Details
Commercial Sale
For Sale
NS26133900
$850,000
1965
0.08 Acre
Active
Mixed Use
: Flat
Features
: None
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available
$0
Address Map
CA
San Luis Obispo
Morro Bay
93442
Napa
845
Avenue
W121° 9' 7.5''
N35° 21' 58.9''
Between Morro Bay Blvd. and Harbor Street, shares parking lot with NHC.
MRBY - Morro Bay
C1
Additional Information
$0
$0
$0
$0
$0
1785
: Park
1
: Near Park, Paved, 2-5 Units/Acre, Level, Near Public Transit, Street Level
2026-06-18
1
: Public
Broker/Agent Information
Central Coast Sotheby's International Realty
Kim Phillips
Listing Information
NS01996202
NSCCSIR
Cash,Cash to New Loan
Active
2026-06-19T21:09:35Z
CRMLS
: Standard
2026-06-18T17:36:10Z
Agent info
Ray Millman
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