1140 -1148 E Grand Avenue, Arroyo Grande, CA, CA 93420
- $1,250,000
- List Price
- $1,250,000
- Price Change
- ▼ $30,000 1785383147
- Status
- ACTIVE
- MLS#
- SC26070309
- County
- San Luis Obispo
- Year Built
- 1959
- Square Feet
- 6,000
- Lot Size (acres)
- 0.4178
- Lot Location
- 0-1 Unit/Acre, Street Level
- Days on Market
- 121
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
This prime mixed-use investment opportunity is located on the main commercial corridor of Arroyo Grande. The property spans approximately 6,000 square feet and boasts a strong mix of residential and commercial units, with 100% occupancy, ensuring immediate and stable cash flow. It is ideally situated with excellent visibility, easy access to Highway 101, and ample on-site parking. The property is surrounded by established businesses, including Nova Coffee and Adventist Health. Offered at $1,280,000 with a 8.10% cap rate, this is a turnkey asset in one of the Central Coast’s most sought-after locations.
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Additional Information
- Parcel Number
- 077113015
- Lot Features
- 0-1 Unit/Acre, Street Level
- Water
- Public
Listing courtesy of Listing Agent: Rodney Trujillo (rod@trujillo-group.com) from Listing Office: Trujillo Commercial Real Estate Group.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.