Property Detail

Description

This prime mixed-use investment opportunity is located on the main commercial corridor of Arroyo Grande. The property spans approximately 6,000 square feet and boasts a strong mix of residential and commercial units, with 100% occupancy, ensuring immediate and stable cash flow. It is ideally situated with excellent visibility, easy access to Highway 101, and ample on-site parking. The property is surrounded by established businesses, including Nova Coffee and Adventist Health. Offered at $1,200,000 with a 8.10% cap rate, this is a turnkey asset in one of the Central Coast’s most sought-after locations.