Arroyo Grande CA Real Estate & Commercial for Sale
2 Properties Found
The median home value in Arroyo Grande, CA is $999,500.
This is
higher than
the county median home value of $725,500.
The national median home value is $308,980.
The average price of homes sold in Arroyo Grande, CA is $999,500.
Approximately 61% of Arroyo Grande homes are owned,
compared to 32% rented, while
8% are vacant.
Arroyo Grande real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Arroyo Grande real estate agent to arrange a tour today! Learn more about Arroyo Grande.
**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.
Leased Investment for sale: +/- 12,000 sq. ft. warehouse building. 81% leased ( 4 tenants and 1 vacancy of +/- 2,275 sq. ft.). Total site is +/-1.86 acres. Zoning: Industrial. Located in the County of San Luis Obispo. Sale Price: $3,350,000 ($280 sq. ft.). Current Cap Rate: 8.4%. Proforma Cap Rate 9.4%. Large lot size could allow for additional building space to be constructed. Current site coverage 15%. Water well on-site. Inquire for rent roll and more information.
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Based on information from CRISNet MLS as of 3/29/2024. 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.