Views - New Construction
Address
1136 E Grand Avenue Arroyo Grande, CA
Price
$ 1,550,000
Property Attributes
  • MLS#SP19258153
  • TypeCommercial
  • CountySAN LUIS OBISPO
  • CityArroyo Grande
  • AreaArroyo Grande
  • Zip93420
  • StyleMixed Use
  • Price$ 1,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage36118
Listing Provided Courtesy Of:
Levi Seligman with Acquire Mortgage & Real Estate.
Property Description

Development opportunity in Arroyo Grande. East Grand Village is approved and entitled to build 22 new residential units and retail frontage on East Grand Avenue. 2 identical mixed use buildings front E. Grand Ave. with commercial on ground floor and spacious 2-bedroom apartments above, ideal for a live work scenerio. 20 additional 2-bedroom units make up the interior lot. The interior units are designed to have individual facades per a variety of unit types to scale appropriately with adjacent residential zones. Roof decks for each unit adds quality outdoor space for future tenants/owners. A new drive aisle between the two mixed use buildings leads to a 40-stall surface parking lot screened entirely from street view. Currently the 2 buildings on site generate $3,595 per month in income.

Price History
11/5/2019 Listed $1,850,000
2/18/2020 17% - $1,550,000

General Features

Co-Listing Agent Last Name Dal Porto
Co-Listing Agent Last Name Daniel
Co-Listing Agent State License # 01841866
Co-listing Agent Daniel Dal Porto - BRE#01841866
Directions Highway 101 Exit 187 Grand Ave, go west 1/2 mile on rt
Listagentaor San Luis Obispo
Listing Agent Levi Seligman - BRE#01936432
Listing Agent State License 01936432
MLS Area ARRG - Arroyo Grande
Number of Units Leased 2
Price Per Square Foot 42.91
Property SubType Mixed Use
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard

Interior Features

Condo Area Unit Type Square Feet
Laundry Features Community
Total Stories 1

Exterior Features

Building Area Total 36118.00
Lot Size Source Assessor
Water Source Agricultural Well, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93420

Price
AVG $2.17M
$1.55M
Visits
AVG 17
15
Year Built
AVG 1983
1945
Walkscore
AVG 46
75
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover