REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jill Bennett

jill@jillbennetthomes.com +1(805) 478-8448

$ 449,000

Est. payment | -/mo

1 Bed

1 Bath

592 SqFt

Save

$ 449,000

Est. payment | -/mo

Save

1 Bed

1 Bath

592 SqFt

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 592 sqft

Price per Sqft $758

MLS Listing ID PI26041924

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1936

Lot Size 6,534 Sqft

Property Sub-Type Mixed Use

Property Description

Positioned in the heart of Arroyo Grande's vibrant trade corridor, this rare mixed-use property offers both immediate income and exceptional future development potential. Situated on a 0.15-acre lot along Grand Avenue—the primary artery connecting Arroyo Grande, Grover Beach, and the Pacific Ocean—the site features an existing one-bedroom, one-bath residence located toward the front of the parcel, allowing space for approximately eight on-site parking spaces. Mixed-use commercial zoning provides a wide range of possibilities for redevelopment, expansion, or live-work concepts. Just moments away, the charming Village of Arroyo Grande offers popular restaurants, boutique shopping, and a strong sense of community, further enhancing the property's long-term value. According to City Planning, the site is well-suited for mixed-use development, making this an outstanding opportunity for investors, developers, or visionaries looking to capitalize on location, zoning flexibility, and future upside—while benefiting from rental income in the interim. Buyers are advised to verify all potential uses and development opportunities with the City of Arroyo Grande.

Location

State CA

County San Luis Obispo

Area Ag-West Of Hwy 101

Rooms

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s), All Bedrooms Down

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Pool None

Community Features Curbs, Sidewalks

View Y/N No

View None

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Mixed Use

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Lucia Mar Unified

Others

Senior Community No

Tax ID 006175006

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Robert Mariani Mariani Realty 805-459-2324, DRE #01374161

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(805) 478-8448

jill@jillbennetthomes.com

1303 E Grande Ave. #123, Arroyo Grande, CA, 93420, USA

Learn More About LPT Realty

414 E Grand Arroyo Grande, CA 93420