748 Garrett Lane new

Arroyo Grande,CA 93420

$ 1825000

7 Beds

4 Baths

7464 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 7,464 sqft

Price per Sqft $244

MLS Listing ID CRPI25170181

Bedrooms 7

Full Baths 4

Year Built 1940

Lot Size 1.420 Acres

Property Sub-Type Detached

Property Description

Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixeduse property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo’s commercial core, the site offers excellent visibility and easy access to areas along the Central Coast. The industrial/commercial portion of the property encompasses approximately 7,464 square feet of industrial space, currently home to a long-standing, locally operated welding and metal fabrication business. The seller is open to leasing back the industrial portion, allowing for immediate rental income with a stable commercial tenant in place. In addition to the industrial component, the property features two income-generating residences. The first is a site-built home offering a spacious layout with 1 bedroom, 1.5 bathrooms, and 1,482 sqft with potential for two additional rooms with closet additions. A private fenced yard and detached structure for storage adding flexibility to the space. The second residence is a, 3-bedroom, 2-bathroom, 1,560sqft manufactured home that has been upgraded with new flooring, granite countertops, and vaulted ceilings. A detached four-bay garage and a newer roof (installed just

Location

State CA

County San Luis Obispo

Interior

Heating Central

Cooling None

Fireplaces Type None

Laundry Laundry Closet,Other,Inside

Exterior

Garage Spaces 1.0

Pool None

View Other

Building

Lot Description Corner Lot,Sloped Up,Back Yard

Story 1

Schools

School District Lucia Mar Unified

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