1338 Atascadero Road

8000 SF Event Center on Highway 41 For Sale at 2750000 34375SFSale Terms Flexible Financing Seller financing available own with favorable terms and without conventional bank financingLeasetoown lease option structures are available for qualified buyers Flexible creative deal structuresMorro Bays most distinctive gathering spaces at an exceptional price just 34375 per square foot Freestanding event center on 29 acres offers turnkey space at a fraction of replacement cost and well below typical improvedcommercial pricing on Californias Central Coast Located just minutes from the beach downtown Morro Bay The main hall occupant load of up to 573 standing 409 in auditorium seating or 191 seated at tables A separate Family Room seats up to 50 and the floor plan includes a commercialstyle kitchen stage restrooms office and onsite storage plus a flexible 2400 SF wingA standout amenity onsite overnight RV parking is permitted for lodge events ZON202401154 a rare feature allowing multiday gatherings to stay onsite Major Recent ImprovementsThe current ownership has invested significantly in the property delivering a turnkey building with major systems and curb appeal already addressedNew asphalt New landscaping Fresh exterior paint and new windowsWhile proven as a wedding and banquet venue SLO County approved for broad slate of permitted uses widening the field of potential owneroperators well beyond traditional event hostingMeetings conferences and community gatheringsWeddings parties and catered eventsAuctions and periodic salesDances musical performances stage plays and movie showingsFashion shows art festivals and collector showsFundraisers political meetings and polling place useReligious and cultural events funerals and memorialsDistribution center and storage usePrivate membership club activities and emergency shelter useOwneroccupant events or hospitality business a church or congregation an auction house a performingarts or fitnessdance operation a training provider a nonprofit or a membership organization Buyers should confirm their intended use with the CountyValueAdd Potential The parcel includes existing mobile homeRV spaces recognized as a legacy use any expanded RV or camping operation would be subject to SLO County permitting offering a savvy buyer a path to additional upside beyond the core eventcenter business