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.
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Community
- Address748 Garrett Lane Arroyo Grande CA
- NeighborhoodAG Mesa
- CityArroyo Grande
- CountySan Luis Obispo
- Zip Code93420
Subdivisions in Arroyo Grande
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 $844. The average listing price for Single Family in Arroyo Grande is $1,686,545.
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