Coastal Restaurant Opportunity with Expansive Patio on Morro Bay Blvd Rare opportunity to lease a highly visible restaurant space along Morro Bay Boulevard, one of the city’s primary routes connecting Highway 1, downtown Morro Bay, and the waterfront. The ±1,739 SF space includes a large outdoor patio, ample parking, commercial hood & Ansul system, exterior grease trap, and rear service access. Ownership is planning major exterior improvements including a new glass storefront, pergolas, additional dining windows, and patio gas infrastructure for outdoor heating. The patio benefits from natural wind protection, creating a comfortable year-round outdoor dining environment. Ownership will provide a $20,000 Tenant Improvement Allowance. For well-qualified tenants, additional tenant improvement financing may be available and amortized over the lease term at an 8% interest rate, subject to landlord approval of tenant financials and lease structure. Asking Rent: $6,250/month Gross.
| MLS # | NS26110192 |
|---|---|
| Listing Type | For Lease |
| Style | Retail |
| Status | Active |
| Year | 1961 |
| Days On Site | 105 |
| Listing Provided By | Pacifica Commercial Realty | Corban Holland |
| SQ Feet | 1,739 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.08 |
| Construction Materials | Block, Wood Siding |
|---|---|
| Lot Features | Zero To One Unit Acre |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Morro Bay |
| Zip Code | 93442 |
| Area | MRBY Morro Bay |
| Listing VS Median (in 93442) | |
Price: $6,250 low | high Med: $1,687,000 sqft: 1,739 low | high Med: 3,035 $ / sqft: $4 low | high Med: $556 On site: 105 low | high Med: 104 | |
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Morro Bay |
| Zip Code | 93442 |
| Area | MRBY Morro Bay |
| Listing VS Median (in 93442) | |
Price: $6,250 low | high Med: $1,687,000 sqft: 1,739 low | high Med: 3,035 $ / sqft: $4 low | high Med: $556 On site: 105 low | high Med: 104 | |