UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Rent
MLS Listing ID PI26134621
HOA Y/N No
Year Built 1970
Lot Size 2.900 Acres
Property Sub-Type Special Purpose
Property Description
A rare opportunity to lease one of Morro Bay's most distinctive gathering spaces. Formerly The Morro Lodge, this approximately 8,000-square-foot freestanding event center sits on Highway 41 West at the gateway to California's Central Coast — minutes from the beach & downtown Morro Bay.
Built for large events, the main hall carries an exceptional county-approved occupant load of up to 573 standing, 409 in auditorium seating, or 191 seated at tables — capacities most regional venues cannot match. A separate Family Room seats up to 50, and the floor plan includes a commercial-style kitchen, stage, restrooms, office, and on-site storage. An addional flexible ±2,400 SF wing offers room to grow or sublease.
While proven as a wedding and banquet venue, the property's county Land Use Authorization (ZON2024-01154) approves a remarkably broad slate of permitted uses, opening the door to operators well beyond traditional event hosting:
Meetings, conferences, and community gatherings
Weddings, parties, and catered events
Auctions and periodic sales
Dances, musical performances, stage plays, and movie showings
Fashion shows, art festivals, and collector shows
Classes, and instructional programming
Fundraisers, political meetings
Religious and cultural events, funerals, and memorials
Distribution center and storage use
Private membership club activities (fitness, martial arts, etc)
This versatility widens the field of potential operators — a hospitality or events company, church, auction house, performing-arts group, fitness or dance studio, nonprofit, or membership organization. (Permitted uses per SLO County ZON2024-01154; tenants should confirm their intended use with the County.
Lease Terms
Asking rent: $1.50 / SF / month — approximately $12,000 / month gross
Lease type: Triple Net (NNN)
On-site parking included
Flexible Deal Structures Available
Ownership is and open to creative structures: Lease option / lease-to-own: Seller financing for tenants who wish to transition to ownership, Flexible terms tailored to the right operator
Whether you're an established event operator seeking a signature Central Coast venue or an organization needing high-capacity assembly space with a path to ownership, The Lodge offers location, capacity, flexibility, and rare deal terms in one of California's most sought-after coastal communities.
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Zoning REC/AG
Rooms
Other Rooms Living Quarters
Interior
Heating Forced Air, Propane, Space Heater
Cooling None
Fireplace No
Exterior
Fence Security, Wrought Iron
Utilities Available Cable Available, Electricity Connected, Natural Gas Not Available, Other, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Roof Type Flat
Present Use Recreational
Total Parking Spaces 80
Building
Lot Description 2-5 Units/Acre, Agricultural, Drip Irrigation/Bubblers, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Irregular Lot, Lawn, Lot Over 40000 Sqft, Landscaped, Level, Paved, Sprinkler System, Street Level, Value In Land, Yard
Story 1
Water Private, Well
Additional Building Living Quarters
Others
Tax ID 073085016
Security Features Security System,Security Gate
Nearby Locations
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TNG Real Estate Consultants
Agent | License ID: 01886242
Agent License ID: 01886242