748 Garrett Ln - Manufacturing FOR SALE


Arroyo Grande, CA 93420
$1,999,000 USD
805-459-1627
748 Garrett Ln, Arroyo Grande, CA for Sale
$1,999,000 USD
Manufacturing - FOR SALE
1/28
null | Request Cap Rate

748 Garrett Ln
Arroyo Grande, CA 93420


HIGHLIGHTS

  • Two Residences and One Industrial Shop
  • Mixed Use Lot

OVERVIEW

Presenting a fantastic opportunity to own a mixed-use property on 1.42 acres in Arroyo Grande. Located just off the Pacific Coast Highway, this property offers easy access to both Arroyo Grande and Pismo Beach to the north, and the Nipomo trade district to the east. Industrial portion-This offering includes multiple industrial structures totaling 7,464 square feet, currently housing a metal fabrication business. The business is owner-operated, and the seller is open to negotiating a leaseback arrangement for the industrial portion of the property as part of the sale. Additionally, two residential homes are included, both occupied by long-term, stable tenants. Home 1: A traditional, site-built home with a master bedroom and several other rooms that can be converted into additional bedrooms by adding closets. The home features 1.5 bathrooms and a large, private fenced yard. The tenant currently pays $1,800 per month. A secondary structure in the backyard, with electrical supply, was previously used as a game room and is now being utilized for storage. Home 2: A well-maintained, 3-bedroom, 2-bath manufactured home with new flooring, granite countertops, vaulted ceilings, and a 3-year-old roof. The home sits on a large lot and includes a detached, 4-bay garage. Tenant currently pays $2,300 per month. All information is deemed reliable but not guaranteed. Buyers and Buyer’s Agents are responsible for verifying all details. Call today for more details on this unique offering!

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

748 - 750 Garrett Ln

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

UTILITIES

-

CLEAR CEILING HT

21 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.42

LAND SF

61,855

ZONING

IND

APN/PARCEL ID

091-341-011

ASK ABOUT THIS PROPERTY

Michael PuhekTeam PuhekMore Info
805-459-1627

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Michael PuhekTeam PuhekMore Info
805-459-1627

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