Description
1/2-acre residential/commercial mixed use property located on grand ave next to chase bank, and directly across from starbucks & chipotle. property is a long strip 70 ft wide by 310 ft long, with single ingress/egress directly off grand ave. at the front of the property, just along the pedestrian zone is an approximately 350 sq ft stand alone commercial unit with full bathroom and loft area, and an adjacent 1,000 sq ft paver parking/patio area. this space is currently setup as a home-style office and can potentially be utilized for a wide range of businesses activities, including but not limited to retail sales, food & beverage, lodging/vacation rental, and a variety of different services. heading up the driveway are 3 residential units, each with their own dedicated parking and yard/patio areas. the front home is a 2 bedroom 1 bath unit and overlooks a private fenced yard in the front. it has a stacked washer/dryer setup in the bathroom. the back 2 units are both 1 bedroom 1 bath and have been fully refinished with all new cabinets, counters, flooring, fixtures, tile showers, etc. they share a common laundry room that is accessed from each of their respective covered patios. all 3 residential units are rented fully furnished on a medium-long term basis, with the front two both coming vacant in early may. the back 1/2 of the property includes a large gravel parking area, a small "club house", rv hookups, and a large yard with chicken coops, raised garden bed and fruit trees. this part of the property has ground level ocean views and could potentially be developed with a new single family residence or multiple additional rental units. alternatively it could be utilized to support one's business ventures, as the unique zoning of the property allows for many potential uses in addition to the existing residences. this property is definitely a must see!
Property Type
Residential IncomeCounty
San Luis ObispoStyle
Residential IncomeAD ID
49529382
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public,See Remarks
- Sewer : Public Sewer
Interior Features
- Roof : Composition
-
Exterior Features
Building Information
- Year Built: 1955
- Building Area Total: 1,716
- Roof: Composition
Pool Features
- None
Laundry Features
- Laundry Room,Stacked
Fencing
- Chain Link,Wood
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.4982
- Lot Size Source: Assessor
- Lot Size Square Feet: 21700
-
Listing Information
Listing Price Information
- Original List Price: 1,679,000
- Listing Contract Date: 2025-04-26
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 077101020
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: ARRG - Arroyo Grande
- Postal Code Plus 4: 2447
- Directions: US 101 to Grand Ave, head west, property is on the right just passed Elm St.
- Zoning: GC
- Source Property Type: Residential Income
- Area: ARRG - Arroyo Grande
- Property SubType: Mixed Use
Building and Construction
- Property Age: 70
- Common Walls: 2+ Common Walls
- Structure Type: Mixed Use
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 05/05/2025 @ 02:15
- MLS: PI25091995
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 1,716 sqft, 21,700 sized lot, and 0 parking. are nearby neighborhoods.