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Commercial Property — 1140 -1148 E Grand Avenue, Arroyo Grande, CA

$1,250,000

1140 -1148 E Grand Avenue, Arroyo Grande, CA

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About this property

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

Square feet
6,000
Year built
1959
Property type
CommercialSale

Location

1140 -1148 E Grand Avenue • Arroyo Grande, CA 93420

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Listed by

Rodney Trujillo · Trujillo Commercial Real Estate Group