1140 -1148 E Grand AVE, Arroyo Grande, CA 93420
1140 -1148 E Grand AVE, Arroyo Grande, CA 93420
1140 -1148 E Grand AVE, Arroyo Grande, CA 93420
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$1,250,000
Est. payment /mo
0.42 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SC26070309

HOA Y/N No

Year Built 1959

Lot Size 0.418 Acres

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.

Location

State CA

County San Luis Obispo

Area Arrg - Arroyo Grande

Interior

Fireplace No

Laundry Inside

Exterior

Fence Wood

Building

Lot Description 0-1 Unit/Acre, Street Level

Story 2

Water Public

Others

Tax ID 077113015

Special Listing Condition Standard

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Listed by Rodney Trujillo Trujillo Commercial Real Estate Group 805-703-0999, DRE #01388764

NEARBY SCHOOL & BUSINESS

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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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Name

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