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Listed by Robert Mariani • Mariani Realty
$ 449,000
Est. payment | /mo
1 Bed
1 Bath
592 SqFt
$ 449,000
Est. payment | /mo
1 Bed
1 Bath
592 SqFt
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 592 sqft
Price per Sqft $758
MLS Listing ID PI-26041924
Bedrooms 1
Full Baths 1
Year Built 1936
Lot Size 6,534 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Positioned in the heart of Arroyo Grande's vibrant trade corridor, this rare mixed-use property offers both immediate income and exceptional future development potential. Situated on a 0.15-acre lot along Grand Avenue—the primary artery connecting Arroyo Grande, Grover Beach, and the Pacific Ocean—the site features an existing one-bedroom, one-bath residence located toward the front of the parcel, allowing space for approximately eight on-site parking spaces. Mixed-use commercial zoning provides a wide range of possibilities for redevelopment, expansion, or live-work concepts. Just moments away, the charming Village of Arroyo Grande offers popular restaurants, boutique shopping, and a strong sense of community, further enhancing the property's long-term value. According to City Planning, the site is well-suited for mixed-use development, making this an outstanding opportunity for investors, developers, or visionaries looking to capitalize on location, zoning flexibility, and future upside—while benefiting from rental income in the interim. Buyers are advised to verify all potential uses and development opportunities with the City of Arroyo Grande.
Location
State CA
County San Luis Obispo
Area Ag-West Of Hwy 101
Interior
Interior Features Ceiling Fan(s)
Heating None
Cooling None
Fireplaces Type None
Laundry Gas & Electric Dryer Hookup, Washer Hookup
Exterior
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Nearby Locations
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114