504 E Grand Ave Arroyo Grande, CA ^$ 1,550,000

504 E Grand Ave

^$ 1,550,000

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504 E Grand Ave

Arroyo Grande, CA, 93420

^$ 1,550,000

Studio Baths0.0 Sq 2,400

Monthly Estimate*

^$ 10,302

Listed by Century 21 Hometown Realty, Arroyo Grande Office

504 E Grand Ave, Arroyo Grande, CA 93420 - Image 1

504 E Grand Ave, Arroyo Grande, CA 93420 - Image 2

Studio

Commercial Property for sale in Arroyo Grande, CA

for $1,550,000. This 2,400 square foot building was built in 1984 on a lot size of 0.287.

**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.

Commercial Active

Price

^$ 1,550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

MixedUse

Lot Size

0.287

Year Built

1984

Town/City

Arroyo Grande

County/Region

San Luis Obispo

MLS | Web ID

PI24063691

Days on Market

Features

General

Utilities ElectricityConnected SewerConnected

Zoning HWY Mixed Use

Construction Materials Masonite

Year Built 1984

Property SubType MixedUse

County San Luis Obispo

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Grand Ave to 504 E Grand Ave.

City Arroyo Grande

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 1

MLS Area ARRG - Arroyo Grande

Lot Size Units SquareFeet

Lot Size Square Feet 12500.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 1

Street Name Grand Ave

Listing Terms CashtoNewLoan

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Current Financing Conventional

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 60

Building Area Units SquareFeet

Standard Status Active

Occupancy Type Tenant

Year Built Source PublicRecords

Property Sub Type Additional MixedUse

Exterior

Lot Features Item01UnitAcre CornerLot NearPublicTransit Paved StreetLevel

Water Source Public

Lot Size Area 12500.0

Number of Buildings 1

Spa N

Building Area Total 2400.0

Lot Size Acres 0.287

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 504

* Excluded Features

List By

Century 21 Hometown Realty, Arroyo Grande Office

Broker

(805) 481-4297

Phone

Affordability Calculator

$10,302

Per Month

Monthly Principal & Interest: $10,302
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Arroyo Grande, CA

Average List Price ^$4,355,000

Percent of Sale Price 181%

About Arroyo Grande, CA

18,000 Population

15% Since 2002

^$68,787 Median Income

46.2 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/30/2024	$1,550,000	-6.06%	Price Down
4/1/2024	$1,650,000		Listed Price

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504 E Grand Ave, Arroyo Grande, CA, 93420 is a Commercial Property for sale at $1,550,000 with 2,400 sqft and a lot size of 0.287. 504 E Grand Ave is a studio with 0.0 baths and was built in 1984. The property's zip code is 93420 which is in Arroyo Grande, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/15/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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504 E Grand Ave

Commercial Property for sale in Arroyo Grande, CA

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