Exceptional mixed-use property in one of the most desirable locations in Morro Bay. Ideally situated within walking distance to both the vibrant Morro Bay Embarcadero and charming downtown shops and restaurants, this property offers strong income potential paired with incredible ocean views. The property features three separate units:
Upstairs residential unit: Spacious 3-bedroom, 2-bathroom residence featuring a private balcony with stunning ocean and rock views. The living room and kitchen both capture the coastal scenery creating a bright and inviting living space.
Commercial office space: Located downstairs, this securely rented office unit has been occupied by a long-term tenant, providing reliable income.
Additional Residential Unit: Comfortable 1-bedroom, 1 bath unit offering flexibility for rental income, guest use or extended living.
The property also included two 2-car garages, providing dedicated parking and storage for the residential units, an excellent amenity in this sought -after coastal area. Don’t miss this rare opportunity to own this versatile income property in the heart of Morro Bay.
Property Details
Schools
Interior
Exterior
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address1187 Main Morro Bay CA
- SubdivisionOther (OTHR)
- CityMorro Bay
- CountySan Luis Obispo
- Zip Code93442
Subdivisions in Morro Bay
Property Summary
- Located in the Other (OTHR) subdivision, 1187 Main Morro Bay CA is a Single Family for sale in Morro Bay, CA, 93442. It is listed for $1,699,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2006. The average price per square foot for Single Family listings in Morro Bay is $796. The average listing price for Single Family in Morro Bay is $1,557,143.
Similar Listings Nearby
I have been a successful Real-Estate Broker for 40+ years. My continued success is attributed to my vast clientele and their loyalty. When I meet a new client, I make them my top priority. YOU always come first! I will work diligently to ensure that the you find the perfect home for your special needs and most importantly to assure a smooth closing. I will do what ever it takes.
It’s because of my hard work and dedication to my clients that my business continues to grow. But rest assure…
Courtesy of Property Pros. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. Exceptional mixed-use property in one of the most desirable locations in Morro Bay. Ideally situated within walking distance to both the vibrant Morro Bay Embarcadero and charming downtown shops and restaurants, this property offers strong income potential paired with incredible ocean views. The property features three separate units:
Upstairs residential unit: Spacious 3-bedroom, 2-bathroom residence featuring a private balcony with stunning ocean and rock views. The living room and kitchen both capture the coastal scenery creating a bright and inviting living space.
Commercial office space: Located downstairs, this securely rented office unit has been occupied by a long-term tenant, providing reliable income.
Additional Residential Unit: Comfortable 1-bedroom, 1 bath unit offering flexibility for rental income, guest use or extended living.
The property also included two 2-car garages, providing dedicated parking and storage for the residential units, an excellent amenity in this sought -after coastal area. Don’t miss this rare opportunity to own this versatile income property in the heart of Morro Bay.
Property Details
Schools
Interior
Exterior
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address1187 Main Morro Bay CA
- SubdivisionOther (OTHR)
- CityMorro Bay
- CountySan Luis Obispo
- Zip Code93442
Subdivisions in Morro Bay
Property Summary
- Located in the Other (OTHR) subdivision, 1187 Main Morro Bay CA is a Single Family for sale in Morro Bay, CA, 93442. It is listed for $1,669,000 and features 4 beds, 4 baths, and has approximately 2,975 square feet of living space, and was originally constructed in 2006. The current price per square foot is $561. The average price per square foot for Single Family listings in Morro Bay is $796. The average listing price for Single Family in Morro Bay is $1,557,143.
Similar Listings Nearby
I have been a successful Real-Estate Broker for 40+ years. My continued success is attributed to my vast clientele and their loyalty. When I meet a new client, I make them my top priority. YOU always come first! I will work diligently to ensure that the you find the perfect home for your special needs and most importantly to assure a smooth closing. I will do what ever it takes.
It’s because of my hard work and dedication to my clients that my business continues to grow. But rest assure…




