For sale
  • Listing Provided by: 

    Chelsea King DRE #02152275 805-540-9333,

    Invest SLO,

    Abel Contreras DRE #02062620,

    Invest SLO

    Price cut: $125K (9/30)
    $1,700,000

    748 Garrett Ln, Arroyo Grande, CA 93420

    7beds
    10,506sqft
    : 
    Mixed Use
    Built in 1940
    1.42 Acres Lot
    $1,653,800 Zestimate®
    $162/sqft
    $-- HOA

    What's special

    Industrial buildingSpacious layoutDetached four-bay garageTwo single family homesDetached structure for storageGranite countertopsVaulted ceilings
    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 three years ago) further enhance the property's appeal. With strong rental history, a desirable location, and a unique mix of commercial and residential components, this property is well-suited for investors seeking steady cash flow or buyers looking for live-work flexibility. Reach out today to explore the possibilities this dynamic property offers.
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