748 Garrett Ln - Manufacturing FOR SALE


Arroyo Grande, CA 93420
$1,700,000 USD
805-709-7143
748 Garrett Ln, Arroyo Grande, CA for Sale
$1,700,000 USD
Manufacturing - FOR SALE
1/36
null | Request Cap Rate

748 Garrett Ln
Arroyo Grande, CA 93420


HIGHLIGHTS

  • 100% Occupied Mixed-Use Asset
  • 7,464 ft² industrial/commercial space plus two residential homes
  • Prime Industrial/Mixed-Use Zoning
  • Rent-Lift & Organic Growth
  • Fast Developing Community with a Plethora of Job Opportunities
  • Ample On-Site Parking

OVERVIEW

Invest SLO is pleased to present 748 Garrett Lane, Arroyo Grande — Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this mixed-use property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo’s commercial core, the site offers excellent visibility and easy access to areas along the Central Coast. The commercial portion of the property encompasses approximately 7,464 square feet of industrial space, currently home to a long-standing, locally operated welding and metal fabrication business. The seller is open to leasing back the industrial portion, allowing for immediate rental income with a stable commercial tenant in place. In addition to the industrial component, the property features two income-generating residences. The first is a site-built home offering a spacious layout with 1 bedroom, 1.5 bathrooms, and 1,482 sqft with potential for two additional rooms with closet additions. A private fenced yard and detached structure for storage adding flexibility to the space. The second residence is a, 3-bedroom, 2-bathroom, 1,560sqft manufactured home that has been upgraded with new flooring, granite countertops, and vaulted ceilings. A detached four-bay garage and a newer roof (installed just three years ago) further enhance the property's appeal. With strong rental history, a desirable location, and a unique mix of commercial and residential components, this property is well-suited for investors seeking steady cash flow or buyers looking for live-work flexibility. Reach out today to explore the possibilities this dynamic property offers.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

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

Abel ContrerasInvestSLOMore Info
805-709-7143

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Abel ContrerasInvestSLOMore Info
805-709-7143

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