$400,000
$449,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
592 SqFt
SOLD DATE : 06/19/2026
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 592 sqft
Price per Sqft $675
MLS Listing ID PI26041924
Sold Date 06/19/26
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1936
Lot Size 6,534 Sqft
Property Sub-Type Mixed Use
Property Description
Positioned in the heart of Arroyo Grande's vibrant trade corridor, this rare mixed-use property offers both immediate income and exceptional future development potential. Situated on a 0.15-acre lot along Grand Avenue—the primary artery connecting Arroyo Grande, Grover Beach, and the Pacific Ocean—the site features an existing one-bedroom, one-bath residence located toward the front of the parcel, allowing space for approximately eight on-site parking spaces. Mixed-use commercial zoning provides a wide range of possibilities for redevelopment, expansion, or live-work concepts. Just moments away, the charming Village of Arroyo Grande offers popular restaurants, boutique shopping, and a strong sense of community, further enhancing the property's long-term value. According to City Planning, the site is well-suited for mixed-use development, making this an outstanding opportunity for investors, developers, or visionaries looking to capitalize on location, zoning flexibility, and future upside—while benefiting from rental income in the interim. Buyers are advised to verify all potential uses and development opportunities with the City of Arroyo Grande.
Location
State CA
County San Luis Obispo
Area Ag-West Of Hwy 101
Rooms
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s), All Bedrooms Down
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Private Pool No
Building
Lot Description 0-1 Unit/Acre
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 006175006
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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