1338 Atascadero Road Morro Bay, CA $ 2,499,999
1338 Atascadero Road
$ 2,499,999
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1338 Atascadero Road

Morro Bay, CA, 93442
$ 2,499,999
Baths0.0 Sq 8,000

Monthly Estimate*

$ 16,616

Listed by Invest SLO
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Studio

Commercial Property for sale in Morro Bay, CA

for $2,499,999. This 8,000 square foot building was built on a lot size of 2.9.

Located in California's Central Coast, The Lodge at Morro Bay Event Center emerges as a premier destination. Just a few minutes from the seaside town of Morro Bay, and located less than 2 miles from the breathtaking Pacific Ocean. 2.5 acres of pristine coastal real estate. This property is Zoned for both agricultural and recreational use. Additionally, there is a private 1 bedroom, 1 bathroom caretaker quarters, with an attached sitting room. The Lodge at Morro Bay Event Center offers an 8,000 sq ft building. One of the largest event centers on the Central Coast. Events types include but are not limited to * elegant weddings, professional conferences, family/school reunions, trade shows, private business meetings, large parties, sweet 16’s quinceaneras, and bar mitzvahs. These spaces can host a combined total of 347 guests for dining, with a maximum standing capacity of 1,041 across the venue. Guests can enjoy - ADA compliant restrooms. The lodge is secured by an elegant wrought iron gate and a collection of mature palm trees, enter through majestic double iron doors. Inside, TWO grand banquet halls with high, open-beamed ceilings and raised stages, offering seamless flow. The state-of-the-art caterer's kitchen is equipped with a Black Diamond gas range, and all the amenities needed for seamless event catering. Just outside a vast Santa Maria style BBQ pit offers the perfect setting for outdoor celebrations. Recently updated roof, and 80 parking with designated spaces. A brand new - installed in 2021- 26 kw solar system, a private well with a 15,000-gallon storage tank. Additional detached 2 car garage with water and power. This property allows the building of a caretaker residence on site. Other uses with special permits - include but are not limited to RV Park.

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Commercial Active

Price

$ 2,499,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

2.9

Town/City

Morro Bay

County/Region

San Luis Obispo

MLS | Web ID

PI24090571

Days on Market

36

Features
General
Heating ForcedAir Propane SpaceHeater
Cooling None
Utilities CableAvailable ElectricityConnected NaturalGasNotAvailable Other PhoneAvailable SewerConnected UndergroundUtilities WaterConnected
Roof Flat
Zoning AG REC
Security Features SecuritySystem SecurityGate
Construction Materials Asphalt Drywall Glass Concrete Stone Stucco
Electric ElectricityOnProperty Item220VoltsinGarage Item220VoltsinKitchen Item220VoltsinLaundry PhotovoltaicsSellerOwned
Property SubType Business
Business Type Music Recreation RegionalCenter Storage SpecialUse
Building Name The Lodge
County San Luis Obispo
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features RecreationRoom
Other Structures LivingQuarters
Special Listing Conditions Standard
Status Active
Directions Head north on CA-1 take exit 279B for CA-41 Atascadero N turn right onto CA-41 N/Atascadero Rd the destination will be on the right.
City Morro Bay
View Y/N N
Senior Community Y/N N
Open Parking Spaces 80.0
NumberOfUnitsTotal 1
MLS Area MRBY - Morro Bay
Lot Size Units SquareFeet
Lot Size Square Feet 126324.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Listing Terms Cash Conventional Item1031Exchange OwnerMayCarry Submit
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Current Financing None
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Business
Expected Active Date 2024-05-15
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Exterior
Fencing Security WroughtIron
Lot Features Item25UnitsAcre Agricultural DripIrrigationBubblers FrontYard Garden SprinklersInRear SprinklersInFront IrregularLot Lawn LotOver40000Sqft Landscaped Level Paved SprinklerSystem StreetLevel ValueInLa
Water Source Private Well
Total Parking 80.0
Lot Size Area 126324.0
Number of Buildings 1
Spa N
Building Area Total 8000.0
Lot Size Acres 2.9
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features WasherHookup ElectricDryerHookup
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1338
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* Excluded Features
List By
Invest Slo

Broker

(805) 295-2719

Phone

Affordability Calculator

$16,616
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2024$2,499,999 Listed Price

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1338 Atascadero Road, Morro Bay, CA, 93442 is a Commercial Property for sale at $2,499,999 with 8,000 sqft and a lot size of 2.9. 1338 Atascadero Road is a studio with 0.0 baths. The property's zip code is 93442 which is in Morro Bay, CA