Arroyo Grande, CA 93420,748 Garrett Lane
Arroyo Grande, CA 93420,748 Garrett Lane
Arroyo Grande, CA 93420,748 Garrett Lane
Arroyo Grande, CA 93420,748 Garrett Lane
Arroyo Grande, CA 93420,748 Garrett Lane
Arroyo Grande, CA 93420,748 Garrett Lane
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$ 1,999,000
Est. payment | /mo

7,464 SqFt


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$ 1,999,000
Est. payment | /mo
Save

7,464 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,464 sqft

Price per Sqft $267

MLS Listing ID CRPI24204761

HOA Y/N No

Year Built 1991

Lot Size 1.420 Acres

Acres 1.42

Property Description

Presenting a fantastic opportunity to own a mixed-use property on 1.42 acres in Arroyo Grande. Located just off the Pacific Coast Highway, this property offers easy access to both Arroyo Grande and Pismo Beach to the north, and the Nipomo trade district to the east. Industrial portion-This offering includes multiple industrial structures totaling 7,464 square feet, currently housing a metal fabrication business. The business is owner-operated, and the seller is open to negotiating a leaseback arrangement for the industrial portion of the property as part of the sale. Additionally, two residential homes are included, both occupied by long-term, stable tenants. Home 1: A traditional, site-built home with a master bedroom and several other rooms that can be converted into additional bedrooms by adding closets. The home features 1.5 bathrooms and a large, private fenced yard. The tenant currently pays $1,800 per month. A secondary structure in the backyard, with electrical supply, was previously used as a game room and is now being utilized for storage. Home 2: A well-maintained, 3-bedroom, 2-bath manufactured home with new flooring, granite countertops, vaulted ceilings, and a 3-year-old roof. The home sits on a large lot and includes a detached, 4-bay garage. Tenant currently pays

Location

State CA

County San Luis Obispo

Area Listing

Zoning Indu

Interior

Heating None

Cooling None

Fireplace No

Exterior

Utilities Available See Remarks

Building

New Construction No

Others

Tax ID 091341011

Bridge MLS
Listed by Michael Puhek • RE/MAX Success

GET MORE INFORMATION

Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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748 Garrett Lane