504 East Grand Avenue

Arroyo Grande, CA 93420

$1,650,000
Price
Beds
2,400 Sq. Ft.
$688 / Sq. Ft.
2,400
Sq. Ft.
$688
per Sq. Ft.

Description

Prime mixed-use investment property Fronts Grand Ave making this a prime location. 12,500 sq. ft. lot with a 2,400 sq. ft. Building, currently being leased. Tenants still have just under 2 years on current lease, Lease ends 12/31/2025 tenants would like to stay if possible. Being zoned HWY Multi-Use Commercial provides flexibility for a wide range of business opportunities. Buyer and buyer's agent to verify all information. Business is not included in sale.Prime mixed-use investment property Fronts Grand Ave making this a prime location. 12,500 sq. ft. lot with a 2,400 sq. ft. Building, currently being leased. Tenants still have just under 2 years on current lease, Lease ends 12/31/2025 tenants would like to stay if possible. Being zoned HWY Multi-Use Commercial provides flexibility for a wide range of business opportunities. Buyer and buyer's agent to verify all information. Business is not included in sale.
  1. Listed by Cynthia Harrigan • DRE #02000329 • Brokerage DRE #00874459 • Century 21 Hometown Realty, Arroyo Grande Office • 805-441-6300

Property Details for 504 East Grand Avenue

Total Units
1.0
Lot Size Source
Public Records
Building Area Total
2400
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Zoning
HWY Mixed Use
Parcel Number
006173012

Location

Listing Courtesy of Century 21 Hometown Realty, Arroyo Grande Office, Cynthia Harrigan, DRE #02000329
Add your commute
LISTING UPDATED: 04/04/2024 02:00 AM

Property Details for 504 East Grand Avenue

StatusActive
MLS #PI24063691
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1984
Lot Size0.29 AC / 12,500 SF
CountySan Luis Obispo County

Location

Listing Courtesy of Century 21 Hometown Realty, Arroyo Grande Office, Cynthia Harrigan, DRE #02000329
Add your commute

Building Information for 504 East Grand Avenue

Stories1Residences-Year Built1984Lot Size0.29 AC / 12,500 SF

Payment Calculator

$9,332 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$327

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 504 East Grand Avenue

Income / Expense / Tax Details
Income Details
  • Current Financing: Conventional
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Construction Materials: Masonite
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Level with Street, Lot 10000-19999 Sqft, Near Public Transit, Paved
  • Current Use Comments: Currently being leased by Furniture company
  • Land Use: Other
  • Lease Considered: No
  • Land Lease: No
  • Utilities: Electricity Connected, Sewer Connected
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $6,000
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 1
  • Number Of Buildings: 1

Property History for 504 East Grand Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 504 East Grand Avenue

Taxable ValueLand$170,815Additions$198,147Total$368,962
Tax Record2023$3,925 ($327 / month)
Home Facts
Total Finished SqFt608 SqFtAbove Grade Finished SqFt608 SqFtLot Size12,375 SqFtStyleRestaurantYear Built1930ZoningHCCountySAN LUIS OBISPOAPN006-173-012

Schools near 504 East Grand Avenue

This home is within Lucia Mar Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 8 to 12
Public - 9 to 12
Rating
School
Distance
Ocean View Elementary School
PublicK to 6

Paulding Middle School
Public7 to 8

Arroyo Grande High School
Public8 to 12

Central Coast New Tech High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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504 East Grand Avenue is a mixed use property for sale in Arroyo Grande, CA 93420. This property was listed for sale on April 1, 2024 by Century 21 Hometown Realty, Arroyo Grande Office, it's currently listed at $1,650,000. It has been on the market for a total of 28 days and was last sold on October 8, 2003. This listing's school district is Lucia Mar Unified School District. Nearby schools include Ocean View Elementary School, Paulding Middle School and Arroyo Grande High School. 504 East Grand Avenue is a 0-bed, 0-bath, 2,400 sqft mixed use property built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Hometown Realty, Arroyo Grande Office, Cynthia Harrigan, DRE #02000329

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.