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1009 Grand Arroyo Grande, CA

$699,000

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Property Description

A tremendous opportunity to own a mixed-use asset in the heart of Arroyo Grande. The front portion of the property is being occupied by a pharmacy. The rear has a separate entrance for residential use. Perfect for a live-work situation or as an income producing property. The front commercial portion is currently occupied by the seller, who will be willing to negotiate a lease during escrow. Easy access from Hwy 101 and a very short drive to the Village of Arroyo Grande. Broad zoning allows for many Uses. Grand Avenue is the main thoroughfare from “The Village” to Grover Beach. Enhancements all along Grand Avenue are driving real estate up.

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Property Information

  • Address: 1009 Grand, Arroyo Grande, CA 93420. 
  • Price: $699,000 
  • MLS #: PI22000703 
  • Year Built: 1947 
  • Listing Courtesy of: RE/MAX Success 
  • City: Arroyo Grande 
  • Postal Code: 93420 
  • County: San Luis Obispo 

Amenities

  • Cooling: Central Air 

Other

  • Description: A tremendous opportunity to own a mixed-use asset in the heart of Arroyo Grande. The front portion of the property is being occupied by a pharmacy. The rear has a separate entrance for residential use. Perfect for a live-work situation or as an income producing property. The front commercial portion is currently occupied by the seller, who will be willing to negotiate a lease during escrow. Easy access from Hwy 101 and a very short drive to the Village of Arroyo Grande. Broad zoning allows for many Uses. Grand Avenue is the main thoroughfare from "The Village" to Grover Beach. Enhancements all along Grand Avenue are driving real estate up. 
  • List Date: January 4, 2022 
  • Status: Active 
  • Directions: Corner of Grande Ave and Alder St. Next to the Fair Oaks Theater 

Other

  • Listing Agent State License: 01441759 
  • Listing Office State License: 01971268 

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Based on information from California Regional Multiple Listing Service, Inc. as of September 24th, 2022 at 20:02:59PM UTC. 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.