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Key Details
Sold Price $510,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI23154714
Sold Date 11/03/23
HOA Y/N No
Year Built 1976
Lot Size 6,873 Sqft
Property Description
Welcome to a unique investment opportunity nestled on the captivating Central Coast of California. This versatile 1500 sqft property offers the perfect blend of location, flexibility, and potential, making it an enticing prospect for a investor with residential or commercial aspirations.
The property features a well-designed building with two units, and pull-through garages on both sides that lead to a spacious storage yard at the rear. making this property not only versatile but also functional.
With its cbd mix use development zoning, this property boasts a remarkable array of possibilities. With the potential for single family or multifamily development, or as an owner occupied commercial space to run your business while getting income from the 2nd unit.
Currently leased out, this property presents an excellent investment opportunity with existing rental income to pursue a development while generating income or as a buy and hold investment in a quickly appreciating market.
Location
State CA
County San Luis Obispo
Area Grvc - Grover Beach
Zoning Cbd
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre, Back Yard, Rectangular Lot, Street Level, Value In Land, Yard
Story 1
Water Public
Others
Tax ID 060244024
Financing Assumed
Special Listing Condition Standard
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Bought with Kate Graham • RE/MAX Success
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