$6,900,000
For Sale
1.14 acres | #PI25055650
Listing OfficeCentury 21 Masters-Arroyo Grande
Browse 42 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

Introducing a prime retail investment opportunity in the heart of the historic village of Arroyo Grande. The property consists of 5 parcels and totals over 1 acre. The unique size of the property makes this a very rare development opportunity. Properties included are, 102 Bridge St, 101 W Branch St,123 W Branch and 121 W Branch, Arroyo Grande, CA. This impressive property with 15,289 SF of building space, and featuring 13 units, stands as a cornerstone of the retail/office area. Built in 1907 and meticulously renovated in 2024, it boasts a distinguished heritage complemented by modern functionality. With 100% occupancy and a VCD zoning classification, this property offers a solid foundation for robust returns and strategic growth. Don't miss the chance to own a piece of history while reaping the rewards of a thriving retail investment.

  • Property Details
      • Lot DescriptionSixToTenUnitsAcre
      • CountySan Luis Obispo
      • Original List Price$1,900,000
      • MLS #PI25055650
      • MLS #PI25055650
      • Property TypePurchase
      • Cost6900000
      • Acres1.1422
      • Utility SourcePublic
      • Property SubtypeRetail
      • Year Built1907
      • Stories2

Location

Gary ElminoufiReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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