974 Griffin St - Warehouse FOR SALE


Grover Beach, CA 93433
$2,200,000 USD
805-466-9700
974 Griffin St, Grover Beach, CA for Sale
$2,200,000 USD
Warehouse - FOR SALE
1/18
null | Request Cap Rate

974 Griffin St
Grover Beach, CA 93433


HIGHLIGHTS

  • 4 industrial buildings for sale

OVERVIEW

Four industrial buildings totaling over 14,000 sqft located on a drive-thru lot with double frontage in an active industrial business area. Two smaller buildings are owner-occupied and will lease back. A third building is partially occupied on a month-to-month basis at $3,375 per month. The fourth building is approximately 5,000 sqft and fully leased on a three-year term at $6,050 per month. Features include 3-phase power and a flexible layout. Estimated CAP Rate is 5.5% with the potential for up to 7.6%. Excellent opportunity for investors or owner-users seeking both income and functionality in an established commercial corridor. *Neighboring parcel at 978 Griffin is also available and offered at $500,000 with the concurrent sale of this property.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

23 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76

LAND SF

33,106

ZONING

Industrial (I)

APN/PARCEL ID

060-544-009

ASK ABOUT THIS PROPERTY

Mike ShererCentury 21 Hometown Realty Paso RoblesMore Info
805-466-9700

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Mike ShererCentury 21 Hometown Realty Paso RoblesMore Info
805-466-9700

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