1/2-acre Residential/Commercial mixed use property located on Grand Ave next to Chase bank, and directly across from Starbucks & Chipotle. Property is a long strip 70 ft wide by 310 ft long, with single ingress/egress directly off Grand Ave. At the front of the property, just along the pedestrian zone is an approximately 350 sq ft stand alone commercial unit with full bathroom and loft area, and an adjacent 1,000 sq ft paver parking/patio area. This space is currently setup as a home-style office and can potentially be utilized for a wide range of businesses activities, including but not limited to retail sales, food & beverage, lodging/vacation rental, and a variety of different services. Heading up the driveway are 3 residential units, each with their own dedicated parking and yard/patio areas. The front home is a 2 bedroom 1 bath unit and overlooks a private fenced yard in the front. It has a stacked washer/dryer setup in the bathroom. The back 2 units are both 1 bedroom 1 bath and have been fully refinished with all new cabinets, counters, flooring, fixtures, tile showers, etc. They share a common laundry room that is accessed from each of their respective covered patios. All 3 residential units are rented fully furnished on a medium-long term basis, with the front two both coming vacant in early May. The back 1/2 of the property includes a large gravel parking area, a small "club house", RV hookups, and a large yard with chicken coops, raised garden bed and fruit trees. This part of the property has ground level ocean views and could potentially be developed with a new single family residence or multiple additional rental units. Alternatively it could be utilized to support one’s business ventures, as the unique zoning of the property allows for many potential uses in addition to the existing residences. This property is definitely a must see!
Property Details
Price:
$1,679,000
MLS #:
PI25091995
Status:
Active
Baths:
0
Address:
1218 E Grand Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Subdivision:
West of 1011000
Neighborhood:
arrgarroyogrande
City:
Arroyo Grande
Listed Date:
Apr 26, 2025
State:
CA
ZIP:
93420
Lot Size:
21,700 sqft / 0.50 acres (approx)
Year Built:
1955
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights
Fencing
Chain Link, Wood
Garage Spaces
0.00
Lot Features
Garden, Gentle Sloping, Lot 20000-39999 Sqft, Rectangular Lot
Parking Spots
0.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
1
View
Ocean
Water Source
Public, See Remarks
Financial
Map
Community
- Address1218 E Grand Avenue Arroyo Grande CA
- AreaARRG – Arroyo Grande
- SubdivisionWest of 101(1000)
- CityArroyo Grande
- CountySan Luis Obispo
- Zip Code93420
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1218 E Grand Avenue
Arroyo Grande, CA
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