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$850,000 Just Listed
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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.
Full Property Details
Full Property Details for 845 Napa Ave
General
- Price: $850,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: NS26133900
- Updated: 6/19/2026
- Days on Market: 4 days
- Added to Site: 4 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: San Luis Obispo
- Driving Directions: Between Morro Bay Blvd. and Harbor Street, shares parking lot with NHC.
Utilities
- Utility Description: Natural Gas Connected, Sewer Connected, Cable Available, Electricity Connected, Water Connected
Structural Information
- # Buildings: 1
- Roof: Flat
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1785
- Square Feet: 1,785
- Year Built: 1965
Lot Features
- Lot Size (Acres): 0.076
- Useable Acres: .076
- Lot Size (Sq. Ft.): 3,312
- Lot Size Source: Assessor
- Lot Features: Level with Street, Paved, Level, Near Public Transit, Park Nearby, 2-5 Units/Acre
- Lot Description: Level with Street, Paved, Level, Near Public Transit, Park Nearby, 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $476
Disclosures and Reports
- Property ID: 66064022
Listed by Central Coast Sotheby's International Realty, KimPhillips
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Schools
Schools serving 845 Napa Ave
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Del Mar Elementary School 501 Sequoia Street, Morro Bay, CA 93442 | K-6 | 2.2 mi |
Los Osos Middle School 1555 El Moro St., Baywood-Los Osos, CA 93402 | 7-8 | 3.3 mi |
Morro Bay High School 235 Atascadero Road, Morro Bay, CA 93442 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 845 Napa Ave
Date
Details
Price
Change
Source
6/18/2026
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 845 Napa Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,221
2%
$574,159
2%
2023
$6,108
—
$562,902
2%
2023
$6,108
7%
$551,866
2%
2022
$5,726
2%
$541,046
2%
2021
$5,635
11%
$530,439
11%
2020
$5,092
1%
$479,400
2%
2019
$5,040
669%
$470,000
670%
2018
$655
2%
$61,049
2%
2017
$642
2%
$59,853
2%
2016
$629
1%
$58,680
2%
2015
$620
9%
$57,800
2%
2014
$569
1%
$56,669
—
2013
$566
—
$56,414
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 845 Napa Ave
845 Napa Avenue, Morro Bay, CA 93442 (MLS# NS26133900) is a Commercial property. 845 Napa Avenue is currently listed for $850,000 and was received on June 18, 2026. Want to learn more about 845 Napa Avenue? Do you have questions about finding other Commercial real estate for sale in Morro Bay? You can browse all Morro Bay real estate or contact a Coldwell Banker agent to request more information.

