Homes for sale - 748 Garrett LN, Arroyo Grande, CA 93420

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Lisa Bethel

lisa.bethel@engelvoelkers.com +1(818) 319-5060

$ 2,100,000

Est. payment -/mo

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Active

748 Garrett LN Arroyo Grande, CA 93420

1.42 Acres Lot

UPDATED:

10/03/2024 04:33 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PI24204761

HOA Y/N No

Year Built 1991

Lot Size 1.420 Acres

Property Description

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!

Location

State CA

County San Luis Obispo

Area Ag Mesa

Zoning Industrial/Mixed USe

Interior

Heating None

Cooling None

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Roof Type Shingle

Building

Lot Description Back Yard, Corner Lot, Rectangular Lot, Sloped Up

Story 1

Water Public, See Remarks

Others

Tax ID 091341011

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Michael Puhek • RE/MAX Success • 805-459-1627

Lisa Bethel

Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953

+1(818) 319-5060

Lisa Bethel

748 Garrett LN Arroyo Grande, CA 93420

Key Details

Location

Interior

Exterior

Building

Others

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748 Garrett LN