15050 Morro Road Atascadero, CA $ 1,950,000
15050 Morro Road
$ 1,950,000
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15050 Morro Road

Atascadero, CA, 93422
$ 1,950,000
Bedrooms3 Baths2.2 Sq 2,662

Monthly Estimate*

$ 12,006

Listed by Ciano Real Estate, Inc.
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Commercial Property for sale in Atascadero, CA

for $1,950,000 with 3 bedrooms and 2 full baths, 2 half baths. This 2,662 square foot building was built in 1981 on a lot size of 1.42.

Perfectly situated along scenic Highway 41 between Atascadero and Morro Bay, this unique 1.42-acre property features both a fully operational restaurant and a private residence, offering an exceptional live-work or investment opportunity. The site is home to the well-known “Halfway Station” restaurant. One of the County's longest-standing business sites is slated for immediate use. It features a spacious bar, commercial kitchen, and recent interior/exterior improvements that enhance both function and curb appeal. A popular stop for locals and travelers alike, the venue benefits from steady Hwy visibility and includes an expansive ABC-permitted beer-and-wine service area, creating strong potential for continued business success. The outdoor setting is a standout feature, with a large 900-square-foot covered patio, generous shaded seating areas amongst the landscape, and a handcrafted stage, making it ideal for live music, private events, and community gatherings. Sequestered on the property, the single-level residence spans 1,360 square feet with three bedrooms and two bathrooms, offering comfortable living with thoughtful updates, including a new roof, upgraded HVAC system, modernized plumbing, and a two-car garage. Expansive windows and outdoor spaces capture sweeping views of the surrounding hillsides, dotted with oak groves, enhancing the natural setting. The acreage is flat, usable, and well-suited for a variety of needs, complete with RV hookups and storage sheds for added flexibility. Two productive wells provide a reliable and valuable water source, supporting both residential and commercial use. Adding to its appeal is the rare grandfathered mixed-use status in a Rural Residential zone, which allows a seamless blend of business and living, a feature increasingly difficult to find! Whether envisioned as a thriving hospitality venture, a live-work retreat, or a long-term investment on the Central Coast, this property offers exceptional versatility and potential in a highly desirable location.

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Commercial Active

Price

$ 1,950,000

Bedrooms

3

Full Bath

2

Half Bath

2

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.42

Year Built

1981

Town/City

Atascadero

County/Region

San Luis Obispo

MLS | Web ID

SC26113874

Days on Market

27

Features
General
Living Area 2662
Sewer Septic Tank
Heating Forced Air Propane
Cooling Central Air
Utilities Cable Available Electricity Connected Propane
Roof Composition Metal
Zoning RR
HOA Fee 0
Garage Spaces 2
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Metal Siding Wood Siding
Exclusions Airstream
Year Built 1981
Electric Standard 220 Volts
View Mountain(s) Trees/Woods
Stories Count 1
Levels One
Property Subtype Mixed Use
Community Features Foothills
County San Luis Obispo
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Toro Creek
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Take Highway 41 between Morro Bay and Atascadero located at the halfway point on the corner or Toro Creek and Hwy 41. Enjoy!
City Atascadero
Entry Location 1
Senior Community Y/N false
High School District Atascadero Unified
Number Of Units Total 2
MLS Area ATSC - Atascadero
Lot Size Units Square Feet
Lot Size Square Feet 61855
Listing Terms Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Current Financing Conventional
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Mixed Use
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Mixed Use
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Interior
Interior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 2
Laundry Features Washer Hookup Gas Dryer Hookup
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 3
Main Level Bathrooms 4
Total Baths 4
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Exterior
Fencing Wood Wire
Lot Features Back Yard Corner Lot Greenbelt Horse Property Lot Over 40000 Sqft Landscaped Level Street Level
Water Source Well
Total Parking 2
Lot Size Area 61855
Lot Size Acres 1.42
Private Pool false
Lot Size Source Assessor
Horse Y/N true
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* Excluded Features
List By
Ciano Real Estate, Inc.

Broker

frankie@cianorealestate.com

Email

Affordability Calculator

$12,006
Per Month
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Monthly Principal & Interest
$12,006
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/26/2026$1,950,000 Listed Price

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15050 Morro Road, Atascadero, CA, 93422 is a Commercial Property for sale at $1,950,000 with 2,662 sqft and a lot size of 1.42. 15050 Morro Road has 3 bedrooms, 2.2 baths, and was built in 1981. The property's zip code is 93422 which is in Atascadero, CA