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Listed by Michael Puhek • RE/MAX Success
$725,000
Est. payment /mo
2 Beds
1 Bath
935 SqFt
Active
418 East Grand Avenue Arroyo Grande, CA 93420
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Key Details
Property Type Other Types
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 935 sqft
Price per Sqft $775
MLS Listing ID PI-25062830
Bedrooms 2
Full Baths 1
Year Built 1952
Lot Size 6,098 Sqft
Property Sub-Type Commercial/Residential
Property Description
This property includes a two-bedroom, one-bath house with mixed-use commercial zoning. There is a large additional storage room adjacent to the laundry room with its own separate entrance. It is situated on the front portion of a 0.15-acre lot, offering space for approximately seven parking spaces. Situated in a prominent trade district, this property is in a highly desirable location on Grand Avenue, the main artery connecting Arroyo Grande to Grover Beach and the Pacific Ocean. Just a short walk east over the 101 freeway leads to the charming Village of Arroyo Grande, known for its fantastic restaurants, local shops, and vibrant community atmosphere. According to City Planning, this site is ideal for mixed-use development. It's an excellent opportunity for investors or developers. While planning for the property's future, buyers can continue collecting rental income. The broad zoning allows for numerous possibilities. (Additional Opportunity: This property can be purchased alongside two adjacent properties: 414 E Grand Ave. (APN: 006-175-006) and 422 & 422 1/2 E Grand Ave. (APN: 006-175-020) See listing numbers PI25062348 and PI25062840 for more details. Combined, these properties provide a total of 0.43 acres with four mixed-use zoned houses across three parcels in the heart of Arroyo Grande.) All information is deemed reliable but not guaranteed. Buyers and their agents are responsible for conducting all due diligence and confirming intended uses with the city's Building and Planning Department.
Location
State CA
County San Luis Obispo
Zoning HMU - highway mixed use
Interior
Interior Features Ceiling Fan(s)
Cooling None
Fireplaces Type None
Laundry Gas & Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Driveway
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Building
Lot Description Level, Level with Street, Rectangular Lot
Sewer Public Sewer