1111 W Grand Ave - Storefront Retail/Office FOR SALE


Grover Beach, CA 93433
$700,000 USD
661-201-7775
1111 W Grand Ave, Grover Beach, CA for Sale
$700,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | Request Cap Rate

NEW


1111 W Grand Ave
Grover Beach, CA 93433


HIGHLIGHTS

  • Great location on Grand Avenue in the heart of the Grover Beach Central Business District
  • Free Parking - on the street and rear of lot
  • City of Grover Beach has invested in this tourist corridor and Central Business District that encourages forward-thinking development
  • Excellent redevelopment opportunity!

OVERVIEW

INVESTMENT HIGHLIGHTS • Great location on Grand Avenue in the heart of the Grover Beach business district • Free Parking - on the street and back of lot EXCECUTIVE SUMMARY High profile corner location in the commercial core of Grover Beach. Excellent opportunity for an owner/user or as an entry level commercial investment. The subject property currently consists of two suites that could be combined as one giving the owner flexibility. Neither of the suites is currently occupied. This area of Grover Beach is subject to two major developments only a few blocks to the west. The business addresses are 1101 and 1111. Located near the main beach access and Oceano Dunes. The accepted uses have an incredibly wide range including but not limited to Mixed-Use, Residential multi-unit, Retail, Restaurant and possible options. The City of Grover Beach has invested in this tourist corridor and Central Business District that encourages forward-thinking development on this location which would add to this robust and growing section of Grover Beach. Please verify with the City of Grover Beach for allowable uses and development options. (Grover Beach West Grand Master Plan https://grover.org/DocumentCenter/View/1836/GB_WGrandAve_MasterPlan_Final_01-18-11?bidId=)

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1101 & 1111 W. Grand Ave Grover Beach, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

CBO

APN/PARCEL ID

060-237-008

ASK ABOUT THIS PROPERTY

Dana LeonardMeridian Real EstateMore Info
661-201-7775

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Dana LeonardMeridian Real EstateMore Info
661-201-7775

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.