748 Garrett Lane
$1,999,000
—
7,464
7,464
$268
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!
- 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 TypeManufacturing, Warehouse/Distribution
Lot Size SourceAssessor
Building Area Total7464
Building Area UnitsSquare Feet
Stories Total1
Entry Level1
ZoningIndustrial/Mixed USe
LISTING UPDATED: 12/13/2024 03:56 AM
Property Details for 748 Garrett Lane
Status | Active |
---|---|
MLS # | PI24204761 |
Days on Market | 76 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1991 |
Lot Size | 1.42 AC / 61,875 SF |
County | San Luis Obispo County |
Building Information for 748 Garrett Lane
Stories1Residences-Year Built1991Lot Size1.42 AC / 61,875 SF
Property Information for 748 Garrett Lane
Property History for 748 Garrett Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Fairgrove Elementary School PublicK to 6 | ||
Paulding Middle School Public7 to 8 | ||
Nipomo High School Public9 to 12 | ||
Pacific View Academy PublicK 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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