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1200 E Grand AvenueArroyo Grande, CA 93420Price: $5,500,000

  • Price: $5,500,000
  • 143 Days on Market
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Federal 30-year interest rate: 6.94% last updated on Feb 29, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $5,500,000List Price
  • 2Acreage
**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.
Listed by Justin Machado and Jordan Jackson of Keller Williams Realty Central Coast (805-478-9734)

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Based on information submitted to CRMLS as of March 1, 2024 10:53 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details

Property Details of 1200 E Grand Avenue

Property Details

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