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RARE CENTRAL COAST LIVE, WORK & COMMERCIAL OPPORTUNITY. Ideally situated along scenic Highway 41 between Atascadero and Morro Bay, this unique 1.42-acre property combines an established business location, private residence, expansive outdoor spaces, and valuable infrastructure in a highly visible Central Coast setting. Long home to the well-known "Halfway Station" restaurant, the property offers an exceptional opportunity for an owner-user, entrepreneur, investor, or hospitality operator. The commercial building features a professional kitchen, spacious bar, and recent interior and exterior improvements. The outdoor setting includes an approximately 900-square-foot covered patio, shaded seating areas, landscaped grounds, and a handcrafted stage, ideal for live music, private celebrations, weddings, community gatherings, and other special events. The possibilities are wide open. Beyond restaurant use, the property supports several potential concepts, including but not limited to a café, general store, farm stand, nursery, retail space, construction or office space, and other compatible commercial uses, subject to applicable zoning, permits, and approvals. The combination of Highway visibility, established improvements, outdoor amenities, and usable acreage provides flexibility for someone looking to restart a restaurant or create an entirely new destination. Set privately on the property, the single-level, 1,360-square-foot residence offers 3 bedrooms and 2 bathrooms, with a newer roof, upgraded HVAC, modernized plumbing, a two-car garage, and expansive windows overlooking surrounding hillsides and mature oak groves. The flat, usable acreage also includes RV hookups, storage sheds, and two productive wells supporting residential and commercial needs. The property's established history and reported grandfathered mixed-use characteristics within a Rural Residential setting further distinguish it from typical commercial offerings. Whether you continue the "Halfway Station" tradition or create a new concept, you can enjoy the benefits of a live-work property. This is a rare opportunity to acquire an established Central Coast property with location, land, infrastructure, water, and flexibility, all subject to County review and required approvals.
| Last Updated | 10/30/2026 | Tract | Toro Creek |
|---|---|---|---|
| Year Built | 1981 | Community | ATSC - Atascadero |
| Garage Spaces | 2.0 | County | San Luis Obispo |
Price History
| Prior to Jul 1, '26 | $1,950,000 |
|---|---|
| Jul 1, '26 - Aug 26, '26 | $1,850,000 |
| Aug 26, '26 - Oct 30, '26 | $1,650,000 |
| Oct 30, '26 - Today | $1,639,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | ATSC - Atascadero |
| CONSTRUCTION | Metal Siding, Wood Siding |
| GARAGE | Attached Garage, Yes |
| HEAT | Forced Air, Propane |
| LOT | 1.42 acre(s) |
| LOT DESCRIPTION | Back Yard, Corner Lot, Greenbelt, Landscaped, Level |
| LOT DIMENSIONS | 61855 |
| PARKING | Attached |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | Toro Creek |
| UTILITIES | Cable Available, Electricity Connected, Propane |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Trees/Woods |
| WATER | Well |
Location
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Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/26 3:01 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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