Greg Malik Real Estate

Total of 8 rental properties including shed/barn structure which generates income for storage. Arroyo Grande (Multi-Residential & Commercial Property) arrives! 5 residences w/three houses, one duplex, & A NEWLY ADDED TWO STORY DREAM BUSINESS STRUCTURE BUILDING FOR TWO BUSINESSES. Separately gas & electric metered. Work your business while rentals subsidize cash flow Includes new buiilt / remodeled buildings, homes & more. Improvements remain beyond fabulous and strategically located across from Arroyo Grande Community Hospital. Please refer to the attachment for future build-outs of duplex, and a medical facility where the eastern-most home currently exists. Total of 24 parking spaces on the property; four covered. Four of the five homes featuring 2 bdrms & 1 bths, the fifth home has 2 bathrooms. All kept in excellent condition. THE BUSINESS / COMMERCIAL PORTION FEATURES TWO PREMIUM BUSINESS SPACES NEWLY BUILT W 2810 ADDITIONAL SF. Total Currently rented for $9424 per month. The total (eight) structures & all are rented with long-term renters at below market values. Possible medical office space, & existing plans for a new two story duplex included with the sale. A lot-split is in the works. All residential units 312,316,320,324 & 328 have washer/dryer hookups gas and electric. Great location! Remember what Mom & Warren Buffet always say: LOCATION, LOCATION, LOCATION! What are you waiting for? Have your agent, write up a complete offer. Perfect landing for a tax-exchange

  • MLS# PI18149942
  • Style Industrial
  • Sub-Type Resale
  • Status Active
  • Year 2015
  • Days On Site 116
SQ Feet 8,776
Story(s) 0
Units 8
Listing Provided By:
Paul Masters  of  Home Masters Realty
 
 
 
 
this listing $2,421,500
222.87%
$750,000 in 93420
this listing 8,776 SqFt
365.32%
1,886 SqFt in 93420
this listing $276 $/SqFt
32.39%
$408 $/SqFt in 93420
this listing 116 on site
31.07%
88.5 on site in 93420

Location

State CA
County San Luis Obispo
City Arroyo Grande
Zip Code 93420
Area ARRG - Arroyo Grande

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