650 Morro Bay, Morro Bay, California 93442

$6,250

Property Type

Commercial Lease

Building Size

1,739 sqft

City

Morro Bay

Status

Active

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.