Arroyo Grande, CA 93420,748 Garrett LN
Arroyo Grande, CA 93420,748 Garrett LN
Arroyo Grande, CA 93420,748 Garrett LN
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$1,825,000
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7 Beds
4 Baths
7,464 SqFt
New

748 Garrett LN Arroyo Grande, CA 93420

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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,464 sqft

Price per Sqft $244

MLS Listing ID PI25170181

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1940

Lot Size 1.420 Acres

Property Sub-Type Mixed Use

Property Description

Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixeduse property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo's commercial
core, the site offers excellent visibility and easy access to areas along the Central Coast. The industrial/commercial portion of the property
encompasses approximately 7,464 square feet of industrial space, currently home to a long-standing, locally operated welding and metal
fabrication business. The seller is open to leasing back the industrial portion, allowing for immediate rental income with a stable commercial
tenant in place. In addition to the industrial component, the property features two income-generating residences. The first is a site-built home
offering a spacious layout with 1 bedroom, 1.5 bathrooms, and 1,482 sqft with potential for two additional rooms with closet additions. A private
fenced yard and detached structure for storage adding flexibility to the space. The second residence is a, 3-bedroom, 2-bathroom, 1,560sqft manufactured home that has been upgraded with new flooring, granite countertops, and vaulted ceilings. A detached four-bay garage and a newer
roof (installed just three years ago) further enhance the property's appeal. With strong rental history, a desirable location, and a unique mix of
commercial and residential components, this property is well-suited for investors seeking steady cash flow or buyers looking for live-work
flexibility. Reach out today to explore the possibilities this dynamic property offers.

Location

State CA

County San Luis Obispo

Area Ag Mesa

Zoning IND

Rooms

Main Level Bedrooms 4

Interior

Interior Features Breakfast Bar, Separate/Formal Dining Room, Open Floorplan, All Bedrooms Down, Bedroom on Main Level, Main Level Primary

Heating Central

Cooling None

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Suburban

Utilities Available Cable Available, Electricity Connected, Propane, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Total Parking Spaces 1

Private Pool No

Building

Lot Description 2-5 Units/Acre, Back Yard, Corner Lot, Rectangular Lot, Sloped Up, Value In Land

Dwelling Type Mixed Use

Story 1

Entry Level One

Sewer Septic Tank

Water Well

Level or Stories One

New Construction No

Schools

School District Lucia Mar Unified

Others

Senior Community No

Tax ID 091341011

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by Chelsea King Invest SLO 805-540-9333

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agent

Jeanne Heidmiller

Agent | License ID: 01290567

+1(619) 857-9765

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748 Garrett LN