Welcome to a unique investment opportunity nestled on the captivating Central Coast of California. This versatile 1500 sqft property offers the perfect blend of location, flexibility, and potential, making it an enticing prospect for a investor with residential or commercial aspirations.
The property features a well-designed building with two units, and pull-through garages on both sides that lead to a spacious storage yard at the rear. making this property not only versatile but also functional.
With its cbd mix use development zoning, this property boasts a remarkable array of possibilities. With the potential for single family or multifamily development, or as an owner occupied commercial space to run your business while getting income from the 2nd unit.
Currently leased out, this property presents an excellent investment opportunity with existing rental income to pursue a development while generating income or as a buy and hold investment in a quickly appreciating market.
The property features a well-designed building with two units, and pull-through garages on both sides that lead to a spacious storage yard at the rear. making this property not only versatile but also functional.
With its cbd mix use development zoning, this property boasts a remarkable array of possibilities. With the potential for single family or multifamily development, or as an owner occupied commercial space to run your business while getting income from the 2nd unit.
Currently leased out, this property presents an excellent investment opportunity with existing rental income to pursue a development while generating income or as a buy and hold investment in a quickly appreciating market.
Property Details
Price:
$525,000
MLS #:
PI23154714
Status:
Closed ((Nov 3, 2023))
Baths:
0
Address:
1361 Longbranch Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
GRVC – Grover Beach
City:
Grover Beach
Listed Date:
Aug 1, 2023
State:
CA
ZIP:
93433
Year Built:
1976
Schools
Interior
Exterior
Stories Total
1
Water Source
Public
Financial
Map
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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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Courtesy of Keller Williams Realty Central Coast. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates / JoAnn Outland include the name of the listing broker. Neither the listing company nor Outland and Associates / JoAnn Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1361 Longbranch Avenue
Grover Beach, CA
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