$650,000
$699,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
3,253 Sqft Lot
SOLD DATE : 11/08/2022
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI22000703
Sold Date 11/08/22
HOA Y/N No
Year Built 1947
Lot Size 3,253 Sqft
Property Description
A tremendous opportunity to own a mixed-use asset in the heart of Arroyo Grande. The front portion of the property is being occupied by a pharmacy. The rear has a separate entrance for residential use. Perfect for a live-work situation or as an income producing property. The front commercial portion is currently occupied by the seller, who will be willing to negotiate a lease during escrow. Easy access from Hwy 101 and a very short drive to the Village of Arroyo Grande. Broad zoning allows for many Uses. Grand Avenue is the main thoroughfare from "The Village" to Grover Beach. Enhancements all along Grand Avenue are driving real estate up.
Location
State CA
County San Luis Obispo
Area Arrg - Arroyo Grande
Zoning FOMC: Fair Oaks Mixed Use
Interior
Cooling Central Air
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Fence None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 077221029
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Trust
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Bought with Patrick Raymond • eXp Realty of California, Inc.
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