Price Reduced ListingThis 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 $1,200,000 with a 8.10% cap rate, this is a turnkey asset in one of the Central Coast’s most sought-after locations.
| MLS # | SC26070309 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 141 |
| Listing Provided By | Trujillo Commercial Real Estate Group | Rodney Trujillo |
| SQ Feet | 6,000 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.42 |
| Lot Features | Zero To One Unit Acre, Street Level |
|---|---|
| Fencing | Wood |
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Arroyo Grande |
| Zip Code | 93420 |
| Area | ARRG Arroyo Grande |
| Listing VS Median (in 93420) | |
Price: $1,200,000 low | high Med: $1,577,450 sqft: 6,000 low | high Med: 2,707 $ / sqft: $200 low | high Med: $657 On site: 141 low | high Med: 247 | |
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Arroyo Grande |
| Zip Code | 93420 |
| Area | ARRG Arroyo Grande |
| Listing VS Median (in 93420) | |
Price: $1,200,000 low | high Med: $1,577,450 sqft: 6,000 low | high Med: 2,707 $ / sqft: $200 low | high Med: $657 On site: 141 low | high Med: 247 | |