Morro Bay’s historic theater for sale
July 19, 2023
By KAREN VELIE
The iconic Bay Theatre is for sale with an asking price of $1.625 million. The Morro Bay landmark includes a 314 single-screen theater.
Originally built by the Army Corp of Engineers in 1942, the theater has been under the same ownership for the past 38 years. With a neon marquee and vaulted ceilings, the old fashion movie theater continues to draw crowds.
In addition to the theater, the property includes a one-bedroom apartment, a two-car garage and a possible office rental.
“Very well maintained and cared for, everything is in place to take advantage of multiple income streams, including the apartment, which can be used as a long-term or short-term vacation rental,” according to the property listing.
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