Keegan Cin | Realtor® | License # DRE 01971604

Property

Arroyo Grande, CA 93420 748 Garrett Lane

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Presented By: Michael Puhek with RE/MAX Success; 805-459-1627
  • MLS# PI24204761
  • 10/02/2024
  • Request Tour
  • Request Info
  • SQFT • 7,464
  • Year Built • 1991

Home Details

Presenting a fantastic opportunity to own a mixed-use property on 1.42 acres in Arroyo Grande. Located just off the Pacific Coast Highway, this property offers easy access to both Arroyo Grande and Pismo Beach to the north, and the Nipomo trade district to the east. Industrial portion-This offering includes multiple industrial structures totaling 7,464 square feet, currently housing a metal fabrication business. The business is owner-operated, and the seller is open to negotiating a leaseback arrangement for the industrial portion of the property as part of the sale. Additionally, two residential homes are included, both occupied by long-term, stable tenants. Home 1: A traditional, site-built home with a master bedroom and several other rooms that can be converted into additional bedrooms by adding closets. The home features 1.5 bathrooms and a large, private fenced yard. The tenant currently pays $1,800 per month. A secondary structure in the backyard, with electrical supply, was previously used as a game room and is now being utilized for storage. Home 2: A well-maintained, 3-bedroom, 2-bath manufactured home with new flooring, granite countertops, vaulted ceilings, and a 3-year-old roof. The home sits on a large lot and includes a detached, 4-bay garage. Tenant currently pays $2,300 per month. All information is deemed reliable but not guaranteed. Buyers and Buyer’s Agents are responsible for verifying all details. Call today for more details on this unique offering!
Presented By: Michael Puhek with RE/MAX Success; 805-459-1627

Interior Features for 748 Garrett Lane

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, ElectricDryerHookup, GasDryerHookup
LivingAreaSourceAssessor
Total Stories1

Other Rooms

Entry Level1

General for 748 Garrett Lane

Additional Parcels Description913-000-522
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityArroyo Grande
CoolingNone
CountySan Luis Obispo
DirectionsFrom US 101, exit on Willow Rd, head West on Willow Rd, turn right onto Cabrillo Hwy, left onto Garrett Ln, property is the last property on the right hand side
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet61875.0
Lot Size UnitsSquareFeet
MLS AreaAG Mesa
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Occupancy TypeOwner
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
Year Built1991
Year Built SourcePublicRecords
ZoningIndustrial/Mixed USe

Exterior for 748 Garrett Lane

Building Area Total7464.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, CornerLot, RectangularLot, SlopedUp
Lot Size Acres1.4205
Lot Size Area61875.0
Lot Size SourceAssessor
Number of Buildings3
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic, SeeRemarks

Additional Details

Price History

Keegan Cin

Team Lead
Price $1,999,000
MLS#PI24204761
List Date 10/02/2024
Property Type Commercial
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