748 Garrett Lane
Arroyo Grande, CA, 93420
$1,825,000
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 Nipomo’s 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.
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.
Current real estate data for Single Family in Arroyo Grande as of Aug 18, 2025
85
Single Family Listed
107
Avg DOM
830
Avg $ / SqFt
$1,687,012
Avg List Price
Property Details
Price:
$1,825,000
MLS #:
PI25170181
Status:
Active
Beds:
7
Baths:
4
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
agmesa
Listed Date:
Jul 8, 2025
Finished Sq Ft:
10,506
Lot Size:
61,875 sqft / 1.42 acres (approx)
Year Built:
1940
Schools
School District:
Lucia Mar Unified
Interior
Appliances
Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Heater
Cooling
None
Fireplace Features
None
Heating
Central
Interior Features
Open Floorplan
Exterior
Community Features
Suburban
Garage Spaces
1.00
Lot Features
2-5 Units/ Acre, Back Yard, Corner Lot, Rectangular Lot, Up Slope from Street, Value In Land
Parking Spots
1.00
Pool Features
None
Sewer
Conventional Septic
Spa Features
None
Stories Total
1
View
Neighborhood
Water Source
Well
Financial
Association Fee
0.00
Utilities
Cable Available, Electricity Connected, Phone Available, Propane, Sewer Connected, Water Connected
Map
Contact Us
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Community
- Address748 Garrett Lane Arroyo Grande CA
- NeighborhoodAG Mesa
- CityArroyo Grande
- CountySan Luis Obispo
- Zip Code93420
Subdivisions in Arroyo Grande
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Property Summary
- 748 Garrett Lane Arroyo Grande CA is a Single Family for sale in Arroyo Grande, CA, 93420. It is listed for $1,825,000 and features 7 beds, 4 baths, and has approximately 10,506 square feet of living space, and was originally constructed in 1940. The current price per square foot is $174. The average price per square foot for Single Family listings in Arroyo Grande is $830. The average listing price for Single Family in Arroyo Grande is $1,687,012.
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