$391.30 Per Sq Foot $24,157 est/mo Sourced by Back At You

1200 E Grand Ave,Arroyo Grande, CA 93420

Arroyo Grande CA, 93420

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Description

**Prime Mixed-Use Investment Opportunity in Arroyo Grande, California** Discover a rare and exceptional investment opportunity in the heart of Arroyo Grande, California. This meticulously renovated mixed-use property combines the best of commercial and residential spaces, offering endless potential for savvy investors. **Key Property Highlights:** - **Location:** Situated in the central part of Arroyo Grande, this property enjoys proximity to major stores, restaurants, and is just a short drive to the pristine beaches of California's coastline. The convenience of city amenities and coastal beauty are at your doorstep. - **Versatile Mixed-Use:** With three thriving retail spaces on the ground floor, including a popular smoothie and juice bar, a delightful bakery, a successful high-end restaurant, and a spacious boutique store, this property caters to diverse businesses and customer bases. - **Newly Built Apartments:** The second floor houses three newly constructed, modern apartments, offering comfortable living spaces. These apartments are designed for modern living and represent a fantastic opportunity to generate rental income. - **Total Space:** Spanning 11,500 square feet, this property offers ample space for businesses and residents alike. The layout is thoughtfully designed, optimizing functionality and appeal. - **Zoning:** Zoned for mixed-use commercial, this property provides flexibility for a range of businesses or residential uses, making it an attractive investment for those seeking a variety of opportunities. - **Renovation:** Recently renovated throughout, the property exudes freshness and quality. It's turnkey and ready for immediate occupancy or rental, saving time and resources for the new owner. - **Proximity to Essentials:** Located near schools, hospitals, and major retail stores, this property offers the convenience and accessibility that tenants and customers value. This exceptional mixed-use property is an ideal investment for those seeking a unique, income-generating asset in a thriving and appreciating area. Whether you're interested in businesses, housing, or a combination of both, this property offers endless possibilities. Don't miss the chance to own a piece of this dynamic and growing community.

Details

MLS#PI23189303
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Days On Site223
Listing Provided ByKeller Williams Realty Central Coast 805-773-7777 | Justin Machado

Features

SQ Feet11,500
Story(s)2
Building(s)1
Acreage2.00

Market Activity 93420

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 4 minutes ago
StateCA
CountySan Luis Obispo
CityArroyo Grande
Zip Code93420
AreaAG West of Hwy 101
Listing VS Median (in 93420)
Price:
$4,500,000
low | high
Med:
$1,150,000
100% of Average
SqFt:
11,500
low | high
Med:
1,951
100% of Average
$ / SqFt:
$391
low | high
Med:
$589
2% of Average
On Site:
223
low | high
Med:
20.000000
100% of Average
Sourced by Back At You
Listing Updated: May 6, 2024 at 2:05:43 PM PDT