Almost all restaurants have this view of Morro
Rock while dining.  Here is breakfast at Dorn's Restaurant - the oldest restaurant in the community.

 Fishing and recreation boats along the Embarcadero in Morro Bay.

Watching for local sea life like Sea Otters, seals, herons, pelicans, egrets and so much more is part of the excitement of visiting the natural coastline of Morro Bay. 

 You really should try to stop by  Giovanni's Fish Market in the Center of the Embarcadero. They feature fresh local seafood, and feature award winning clam chowder, you can eat on the outdoor patio, while watching the otters and sealions play beneath you, and you can watch the workers get the live crabs out of the tank out front, and occasionally you can watch them unload fish offf the local boats out back on the dock (very exciting)This is a great view of Morro Rock, with a Family Freindly atmosphere.