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Listed by Rodney Trujillo • Trujillo Commercial Real Estate Group
$ 1,280,000
Est. payment /mo
Price Dropped by $119K
1140 East Grand Avenue Arroyo Grande, CA 93420
0.42 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC-26070309
Year Built 1959
Lot Size 0.418 Acres
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
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
Laundry Inside
Building
Lot Description Level with Street, 0-1 Unit/Acre
NEARBY SCHOOLS & PROPERTIES
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944