748 Garrett Lane, Arroyo Grande, CA 93420 (MLS # PI24204761)

Price $1,999,000
Status Active
Size 7,464 sqft
Lot Size 1.42 ac
Days on Market 164
Presenting a fantastic opportunity to own a mixed-use property on 1.42 acres in Arroyo Grande. Located just off the Pacific Coast Highway, this property offers easy access to both Arroyo Grande and Pismo Beach to the north, and the Nipomo trade district to the east. Industrial portion-This offering includes multiple industrial structures totaling 7,464 square feet, currently housing a metal fabrication business. The business is owner-operated, and the seller is open to negotiating a leaseback arrangement for the industrial portion of the property as part of the sale. Additionally, two residential homes are included, both occupied by long-term, stable tenants. Home 1: A traditional, site-built home with a master bedroom and several other rooms that can be converted into additional bedrooms by adding closets. The home features 1.5 bathrooms and a large, private fenced yard. The tenant currently pays $1,800 per month. A secondary structure in the backyard, with electrical supply, was previously used as a game room and is now being utilized for storage. Home 2: A well-maintained, 3-bedroom, 2-bath manufactured home with new flooring, granite countertops, vaulted ceilings, and a 3-year-old roof. The home sits on a large lot and includes a detached, 4-bay garage. Tenant currently pays $2,300 per month. All information is deemed reliable but not guaranteed. Buyers and Buyer’s Agents are responsible for verifying all details. Call today for more details on this unique offering!
Property Type(s): Commercial
Last Updated 12/13/2024 Year Built 1991
Community AG Mesa County San Luis Obispo

Price History

Prior to Dec 13, '24 $2,100,000
Dec 13, '24 - Today $1,999,000

Additional Details

AIR None
AREA AG Mesa
HEAT None
LOT 1.42 acre(s)
LOT DESCRIPTION Back Yard, Corner Lot, Rectangular Lot, Sloped Up
STORIES 1
WATER Public,See Remarks
ZONING Industrial/Mixed USe

Location

 

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Based on information from California Regional Multiple Listing Service, Inc. as of 3/14/25 8:13 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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