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Listed by Chelsea King • Invest SLO
$ 1,825,000
Est. payment /mo
Active
748 Garrett Lane Arroyo Grande, CA 93420
7 Beds
4 Baths
10,506 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 10,506 sqft
Price per Sqft $173
MLS Listing ID CRPI25170181
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1940
Lot Size 1.420 Acres
Property Sub-Type Detached
Source Datashare California Regional
Property Description
Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixeduse property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo’s commercial core, the site offers excellent visibility and easy access to areas along the Central Coast. The industrial/commercial portion of the property encompasses approximately 7,464 square feet of industrial space, currently home to a long-standing, locally operated welding and metal fabrication business. The seller is open to leasing back the industrial portion, allowing for immediate rental income with a stable commercial tenant in place. In addition to the industrial component, the property features two income-generating residences. The first is a site-built home offering a spacious layout with 1 bedroom, 1.5 bathrooms, and 1,482 sqft with potential for two additional rooms with closet additions. A private fenced yard and detached structure for storage adding flexibility to the space. The second residence is a, 3-bedroom, 2-bathroom, 1,560sqft manufactured home that has been upgraded with new flooring, granite countertops, and vaulted ceilings. A detached four-bay garage and a newer roof (installed just
Location
State CA
County San Luis Obispo
Interior
Heating Central
Cooling None
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator
Laundry Laundry Closet, Other, Inside
Exterior
Garage Spaces 1.0
Pool None
View Other
Private Pool false
Building
Lot Description Corner Lot, Sloped Up, Back Yard
Story 1
Schools
School District Lucia Mar Unified
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