748 Garrett Lane

Arroyo Grande, CA 93420

$2,100,000
Price
—
Beds
7,464 Sq. Ft.
$281 / Sq. Ft.
7,464
Sq. Ft.
$281
per Sq. Ft.

Description

Presenting a fantastic opportunity to own a mixed-use property on 1.42 acres in Arroyo Grande. Located just off the Pacific Coast Highway, this property offers easy access to both Arroyo Grande and Pismo Beach to the north, and the Nipomo trade district to the east. Industrial portion-This offering includes multiple industrial structures totaling 7,464 square feet, currently housing a metal fabrication business. The business is owner-operated, and the seller is open to negotiating a leaseback arrangement...Presenting a fantastic opportunity to own a mixed-use property on 1.42 acres in Arroyo Grande. Located just off the Pacific Coast Highway, this property offers easy access to both Arroyo Grande and Pismo Beach to the north, and the Nipomo trade district to the east. Industrial portion-This offering includes multiple industrial structures totaling 7,464 square feet, currently housing a metal fabrication business. The business is owner-operated, and the seller is open to negotiating a leaseback arrangement for the industrial portion of the property as part of the sale. Additionally, two residential homes are included, both occupied by long-term, stable tenants. Home 1: A traditional, site-built home with a master bedroom and several other rooms that can be converted into additional bedrooms by adding closets. The home features 1.5 bathrooms and a large, private fenced yard. The tenant currently pays $1,800 per month. A secondary structure in the backyard, with electrical supply, was previously used as a game room and is now being utilized for storage. Home 2: A well-maintained, 3-bedroom, 2-bath manufactured home with new flooring, granite countertops, vaulted ceilings, and a 3-year-old roof. The home sits on a large lot and includes a detached, 4-bay garage. Tenant currently pays $2,300 per month. All information is deemed reliable but not guaranteed. Buyers and Buyer’s Agents are responsible for verifying all details. Call today for more details on this unique offering!
  1. Listed by Michael Puhek • DRE #01441759 • Brokerage DRE #02126113 • RE/MAX Success • 805-459-1627

Property Details for 748 Garrett Lane

Total Units
3.0
Industrial Type
Manufacturing, Warehouse/Distribution
Lot Size Source
Assessor
Building Area Total
7464
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Zoning
Industrial/Mixed USe
LISTING UPDATED: 10/02/2024 02:24 PM

Property Details for 748 Garrett Lane

StatusActive
MLS #PI24204761
Days on Market46
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1991
Lot Size1.42 AC / 61,875 SF
CountySan Luis Obispo County

Building Information for 748 Garrett Lane

Stories1Residences-Year Built1991Lot Size1.42 AC / 61,875 SF

Property Information for 748 Garrett Lane

Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Heating: None
Exterior Features
  • Roof: Shingle
Land/Lot Info
  • Sign on Property: Yes
  • Additional Parcels Description: 913-000-522
  • Lot Features: Back Yard, Corner Lot, Rectangular Lot, Up Slope from Street
  • Current Use Comments: Welding & Residential
  • Land Use: Industrial, Multi-Family
  • Lease Considered: No
  • Land Lease: No
  • Water Source: Public, See Remarks
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $1,800
  • Unit Type Type: 1
  • Unit Type Description: 748 Garrett - lower home
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $2,300
  • Unit Type Type: 2
  • Unit Type Description: 750 Garrett - upper home
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Area: 7000
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: Shop near 748 Garrett
Unit Information
  • Number Of Units Leased: 3
  • Number Of Buildings: 3

Property History for 748 Garrett Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 748 Garrett Lane

Taxable ValueLand$978,040Additions$629,691Total$1,607,731
Tax Record2024$16,868 ($1,406 / month)
Home Facts
Total Finished SqFt7,464 SqFtAbove Grade Finished SqFt7,464 SqFtLot Size61,855 SqFtStyleOffice BuildingYear Built1991ZoningINDCountySAN LUIS OBISPOAPN091-341-011

Schools near 748 Garrett Lane

This home is within Lucia Mar Unified School District.
Rating
School
Type
Grades
Distance
Fairgrove Elementary School
Public - K to 6
Paulding Middle School
Public - 7 to 8
Nipomo High School
Public - 9 to 12
Lopez Continuation High School
Public - 9 to 12
Rating
School
Distance
Fairgrove Elementary School
PublicK to 6

Paulding Middle School
Public7 to 8

Nipomo High School
Public9 to 12

Lopez Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 748 Garrett Lane, Arroyo Grande, CA 93420

748 Garrett Lane is a mixed use property for sale in Arroyo Grande, CA 93420. This property was listed for sale on October 2, 2024 by RE/MAX Success, it's currently listed at $2,100,000. It has been on the market for a total of 46 days and was last sold on June 5, 2006. This listing's school district is Lucia Mar Unified School District. Nearby schools include Fairgrove Elementary School, Paulding Middle School and Nipomo High School. 748 Garrett Lane is a 0-bed, 0-bath, 7,464 sqft mixed use property built in 1991.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Success, Michael Puhek, DRE #01441759

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.