$1,200,000
This prime mixed-use investment opportunity is located on the main commercial corridor of Arroyo Grande. The property spans approximately 6,000 square feet and boasts a strong mix of residential and commercial units, with 100% occupancy, ensuring immediate and stable cash flow. It is ideally situated with excellent visibility, easy access to Highway 101, and ample on-site parking. The property is surrounded by established businesses, including Nova Coffee and Adventist Health. Offered at $1,200,000 with a 8.10% cap rate, this is a turnkey asset in one of the Central Coast’s most sought-after locations.
Listed by Rodney Trujillo with Trujillo Commercial Real Estate Group (805) 703-0999
Property Type
Mixed Use
Status
Active
MLS Number
SC26070309
Year Built
1959
Lot Size
0.42 acres
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