1200 E Grand Ave Arroyo Grande CA 93420 MLS #PI23189303

**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.

Property Details

Price:
$5,500,000
MLS #:
PI23189303
Status:
Active
Baths:
0
Address:
1200 E Grand Ave
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
agwestofhwy101
City:
Arroyo Grande
Listed Date:
Oct 11, 2023
State:
CA
ZIP:
93420

Schools

Interior

Exterior

Stories Total
2
Water Source
Public

Financial

Buyer Agent Compensation
2.000

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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

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1200 E Grand Ave
Arroyo Grande, CA