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ActivePrice Reduced 62 days on market

1140 -1148 E Grand Avenue

Arroyo Grande, CA 93420

$1,280,000

$1,499,000

1140 -1148 E Grand Avenue
1140 -1148 E Grand Avenue photo 2
1140 -1148 E Grand Avenue photo 3
1140 -1148 E Grand Avenue photo 4
Beds
Baths
Sq Ft
0.42Acres
1959Built

About This Home

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.

Property Details

Property TypeMixedUse
Year Built1959
Lot Size0.42 acres
PoolNo
MLS #1156510999
Days on Market62 days

Location

Listed by

Rodney Trujillo

Trujillo Commercial Real Estate Group

MLS# SL01388764

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

1140 -1148 E Grand Avenue | Arroyo Grande, CA | Leeper Realty Group