748 Garrett Lane Arroyo Grande, CA 93420
7 Beds
4 Baths
10,506 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 10,506 sqft
Price per Sqft $161
MLS Listing ID PI-25170181
Bedrooms 7
Full Baths 4
Year Built 1940
Lot Size 1.420 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
Location
State CA
County San Luis Obispo
Area Ag Mesa
Zoning IND
Interior
Interior Features Open Floorplan, Kitchen Open to Family Room
Heating Central
Cooling None
Fireplaces Type None
Laundry Gas & Electric Dryer Hookup, In Closet, Inside, Washer Hookup
Exterior
Garage Spaces 1.0
Pool None
Community Features Suburban
Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Connected, Phone Available, Propane
View Y/N Yes
Building
Lot Description Corner Lot, Rectangular Lot, Up Slope from Street, Value In Land, 2-5 Units/Acre, Back Yard
Sewer Other, Conventional Septic
Nearby Locations