Arroyo Grande CA Real Estate & Commercial for Sale

Discover an unparalleled investment opportunity with this 11-unit apartment complex, ideally situated in the heart of Arroyo Grande. Just moments from the charming village, this property offers easy access to top-rated medical facilities, public transportation, schools, and the 101 freeway. Residents will enjoy a wealth of nearby amenities, including shopping, dining, and entertainment options. Plus, the Pacific Ocean and the renowned Oceano Dunes are only 3 miles away, offering endless recreational activities such as 4-wheeling, horseback riding, and sunbathing. This complex boasts an impressive track record with minimal vacancy rates, thanks to its superior location and recent upgrades, including refreshed stairs, new paint, updated fences, and improved carports. Whether you're looking to expand your investment portfolio or capitalize on a property with high tenant demand, this apartment complex presents an exceptional opportunity.

Fantastic Investment Opportunity in Prime Arroyo Grande Location! Portfolio Sale! Seize the chance to own four homes across three separate parcels in the heart of Arroyo Grande (414 [1 bd 1 ba], 418 [2bd 2 ba], 422 [2 bd 1 ba] & 422 1/2 E [1 bd 1 ba with 2-car garage] Grand Ave). This versatile property offers multiple income-generating options. Currently, 422 and 422 1/2 are tenant-occupied, bringing in rental income of $1,768 and $1,632 per month, respectively. Units 414 and 418 are vacant, ready for remodeling and to be rented at market rates. Situated in a prime trade district, this property boasts a highly desirable location on Grand Avenuethe main artery connecting Arroyo Grande with Grover Beach and the Pacific Ocean. To the east, just a short walk over the 101 freeway, you'll find the charming Village of Arroyo Grande, home to fantastic restaurants, shops, and a vibrant community. According to city planning, this site is ideal for mixed-use development, with potential for at least nine residential units (townhomes or apartments) in addition to commercial storefronts. Buyers and their agents are responsible for confirming any intended use with the citys building and planning department. All information if deemed reliable but not guaranteed and Buyer and Buyers Agents are responsible for due diligence. This is an excellent development opportunity. While planning the propertys future, the buyer can continue collecting significant rental income. The flexibility of three parcels allows for a phased approach, giving you control over the scope and timeline of redevelopment. Call today to schedule a viewing and bring your visionand your contractor! Please be respectful: do not disturb tenants or loiter on or near the property.

High profile fully leased Arroyo Grande location with a quality retail NNN leased investment. Arroyo Town and Country Shopping Center is located near the signalized corner of East Grand Avenue and Courtland Street. The offeringconsists of 14 suites totaling 26,750 leasable square feet located on both sides of the Smart & Final market.The shopping center is co-anchored by Dollar Tree and Smart & Final which are not included in this offering. The shopping center has abundant parking and is a host to a weekly farmers market. The diversified tenant mix attracts a strong traffic flow to this friendly neighborhood shopping center. Thisinvestmentprovides a mix of internet resistant businesses and includes many long term tenants. Exterior tenant signage, ceiling lights and exterior lighting have been upgraded to LED. Other improvements include the replacement of 21 HVAC units in 2014/2015. A new roof and roof hatch were installed on the western parcel in October of 2023. The parking lot is scheduled for a major patching and sealing job scheduled in August. There is potential for further development of a mixed use project on a portion of the parking area.

McCarty Davis is pleased to offer the opportunity to purchase 200 & 230 Station Way in Arroyo Grande. Adjacent to the charming East Village and easy access to US 101 freeway. This versatile office/retail development caters to both owner/users and investors with its meticulously designed layout. Featuring two tastefully finished apartments, great for live-work arrangements, and inviting patio spaces, it offers a comfortable environment for a diverse tenant mix. Changes in the facade prove distinct identities to the main suites.