418 E Grand Avenue Pending Save Request In-Person Tour Request Virtual Tour
Arroyo Grande,CA 93420
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 935 sqft
Price per Sqft $775
MLS Listing ID 25001003
Bedrooms 2
Full Baths 1
Year Built 1952
Lot Size 6,098 Sqft
Property Sub-Type Mixed Use
Property Description
This property includes a 2-bed, one-bath house with mixed-use commercial zoning. There is a large additional storage room adjacent to the laundry room with its own separate entrance. It is situated on the front portion of a 0.15-acre lot, offering space for approximately seven parking spaces. Situated in a prominent trade district, this property is in a highly desirable location on Grand Avenue, the main artery connecting Arroyo Grande to Grover Beach and the Pacific Ocean. Just a short walk east over the 101 freeway leads to the charming Village of Arroyo Grande, known for its fantastic restaurants, local shops, and vibrant community atmosphere. According to City Planning, this site is ideal for mixed-use development. It's an excellent opportunity for investors or developers. While planning for the property's future, buyers can continue collecting rental income. The broad zoning allows for numerous possibilities. (Additional Opportunity: This property can be purchased alongside two adjacent properties: 414 E Grand Ave. (APN: 006-175-006) and 422 & 422 1/2 E Grand Ave. (APN: 006-175-020) See listing numbers and for more details. Combined, these properties provide a total of 0.43 acres with four mixed-use zoned houses across three parcels in the heart of Arroyo Grande.) All information is deemed reliable but not guaranteed. Buyers & their agents are responsible for conducting all due diligence & confirming intended uses with the city's Building and Planning Department.
Location
State CA
County San Luis Obispo
Area 10 - Arroyo Grande
Interior
Heating None
Cooling Ceiling Fans
Exterior
Roof Type Rolled Comp
Building
Foundation Raised
Sewer Public Sewer
Water Public
Others
Acceptable Financing New Loan,Cash
Listing Terms New Loan,Cash