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748 Garrett Lane, Arroyo Grande, CA 93420

$1,700,000
  • 748 Garrett Lane, Arroyo Grande, CA 93420 Main Photo

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Active
BEDS7 BATHS4 full SQUARE FEET10,506 MLS#PI25170181
STATUSActive PROPERTY TYPEResidential - SCHOOLLucia Mar Unified

Listing Courtesy of: Invest SLO
Agency Phone: 805-709-7143
Associate Name: Chelsea King
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


Property Description

Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixeduse property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomos commercial core, the site offers excellent visibility and easy access to areas along the Central Coast. The industrial/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.

748 Garrett Lane | MLS# PI25170181

This home located at 748 Garrett Lane, Arroyo Grande, CA 93420 is currently listed for sale with an asking price of $1,700,000. This property was built in 1940 and has 7 bedrooms and 4 full baths with 10506 sq. ft. Garrett Lane is located within the Lucia Mar Unified school district. Search Arroyo Grande real estate on www.farrellsmyth.com today.

Property Features

Property Type: Residential -
Cooling: None
Garage: 1
Heating: Central
Lot Size: 1.42 Acres
Stories: 1.0
Year Built: 1940

Amenities

Breakfast Bar
Separate/Formal Dining Room
Open Floorplan
All Bedrooms Down
Bedroom on Main Level
Main Level Primary

Feature Descriptions

Appliances: Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater
Community Features: Suburban
Days on Site: 299
Fireplace: None
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet
Lot: 2-5 Units/Acre, Back Yard, Corner Lot, Rectangular Lot, Sloped Up, Value In Land
Parcel#: 091341011
Sewer: Septic Tank
Spa: None
Special View Info: Neighborhood
Units: 3
Utilities: Cable Available, Electricity Connected, Propane, Phone Available, Sewer Connected, Water Connected
Water: Well

Local Schools

School District: Lucia Mar Unified

Listed By / Shown By

Listed By

Agency Name: Invest SLO
Agent Name: Chelsea King
Agency Phone: 805-709-7143

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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Estimate Your Payment

Estimated Payment

$ 4,279.30 per month $3,783.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $495.83 Homeowner's Insurance

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