418 E Grand AVE, Arroyo Grande, CA 93420 - MLS#PI25062830

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 935 sqft

Price per Sqft $775

MLS Listing ID PI25062830

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1952

Lot Size 6,098 Sqft

Property Sub-Type Mixed Use

Property Description

This property includes a two-bedroom, one-bath house with mixed-use commercial zoning. There is a large additional storage room adjacent to the laundry room with its own separate entrance. It is situated on the front portion of a 0.15-acre lot, offering space for approximately seven parking spaces. Situated in a prominent trade district, this property is in a highly desirable location on Grand Avenue, the main artery connecting Arroyo Grande to Grover Beach and the Pacific Ocean. Just a short walk east over the 101 freeway leads to the charming Village of Arroyo Grande, known for its fantastic restaurants, local shops, and vibrant community atmosphere. According to City Planning, this site is ideal for mixed-use development. It's an excellent opportunity for investors or developers. While planning for the property's future, buyers can continue collecting rental income. The broad zoning allows for numerous possibilities.

(Additional Opportunity: This property can be purchased alongside two adjacent properties: 414 E Grand Ave. (APN: 006-175-006) and 422 & 422 1/2 E Grand Ave. (APN: 006-175-020) See listing numbers PI25062348 and PI25062840 for more details. Combined, these properties provide a total of 0.43 acres with four mixed-use zoned houses across three parcels in the heart of Arroyo Grande.)

All information is deemed reliable but not guaranteed. Buyers and their agents are responsible for conducting all due diligence and confirming intended uses with the city's Building and Planning Department.

Location

State CA

County San Luis Obispo

Area Ag-West Of Hwy 101

Zoning HMU - highway mixed use

Rooms

Main Level Bedrooms 2

Interior

Interior Features Ceiling Fan(s),All Bedrooms Down

Cooling None

Fireplaces Type None

Fireplace No

Laundry Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

Exterior

Parking Features Driveway,Paved

Pool None

Community Features Curbs,Sidewalks

View Y/N No

View None

Private Pool No

Building

Lot Description Level,Rectangular Lot,Street Level

Dwelling Type Mixed Use

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Lucia Mar Unified

Others

Senior Community No

Tax ID 006175005

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard