The median home value in Arroyo Grande, CA is $999,500.
This is
higher than
the county median home value of $725,500.
The national median home value is $308,980.
The average price of homes sold in Arroyo Grande, CA is $999,500.
Approximately 61% of Arroyo Grande homes are owned,
compared to 32% rented, while
8% are vacant.
Arroyo Grande real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Arroyo Grande real estate agent to arrange a tour today!
Learn more about Arroyo Grande.
**Prime Mixed-Use Investment Opportunity in Arroyo Grande, California**Discover a rare and exceptional investment opportunity in the heart of Arroyo Grande, California. This meticulously renovated mixed-use property combines the best of commercial and residential spaces, offering endless potential for savvy investors.**Key Property Highlights:**- **Location:** Situated in the central part of Arroyo Grande, this property enjoys proximity to major stores, restaurants, and is just a short drive to the pristine beaches of California's coastline. The convenience of city amenities and coastal beauty are at your doorstep.- **Versatile Mixed-Use:** With three thriving retail spaces on the ground floor, including a popular smoothie and juice bar, a delightful bakery, a successful high-end restaurant, and a spacious boutique store, this property caters to diverse businesses and customer bases.- **Newly Built Apartments:** The second floor houses three newly constructed, modern apartments, offering comfortable living spaces. These apartments are designed for modern living and represent a fantastic opportunity to generate rental income.- **Total Space:** Spanning 11,500 square feet, this property offers ample space for businesses and residents alike. The layout is thoughtfully designed, optimizing functionality and appeal.- **Zoning:** Zoned for mixed-use commercial, this property provides flexibility for a range of businesses or residential uses, making it an attractive investment for those seeking a variety of opportunities.- **Renovation:** Recently renovated throughout, the property exudes freshness and quality. It's turnkey and ready for immediate occupancy or rental, saving time and resources for the new owner.- **Proximity to Essentials:** Located near schools, hospitals, and major retail stores, this property offers the convenience and accessibility that tenants and customers value.This exceptional mixed-use property is an ideal investment for those seeking a unique, income-generating asset in a thriving and appreciating area. Whether you're interested in businesses, housing, or a combination of both, this property offers endless possibilities. Don't miss the chance to own a piece of this dynamic and growing community.
Leased Investment for sale: +/- 12,000 sq. ft. warehouse building. 81% leased ( 4 tenants and 1 vacancy of +/- 2,275 sq. ft.). Total site is +/-1.86 acres. Zoning: Industrial. Located in the County of San Luis Obispo. Sale Price: $3,350,000 ($280 sq. ft.). Current Cap Rate: 8.4%. Proforma Cap Rate 9.4%. Large lot size could allow for additional building space to be constructed. Current site coverage 15%. Water well on-site. Inquire for rent roll and more information.
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