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
- AddressGarrett LN Lot 20 Arroyo Grande CA
- CityArroyo Grande
- CountySan Luis Obispo
- Zip Code93420
Subdivisions in Arroyo Grande
Property Summary
- Garrett LN Lot 20 Arroyo Grande CA is a Single Family for sale in Arroyo Grande, CA, 93420. It is listed for $1,700,000 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 $162. The average price per square foot for Single Family listings in Arroyo Grande is $875. The average listing price for Single Family in Arroyo Grande is $1,353,051.
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I have been a successful Real-Estate Broker for 40+ years. My continued success is attributed to my vast clientele and their loyalty. When I meet a new client, I make them my top priority. YOU always come first! I will work diligently to ensure that the you find the perfect home for your special needs and most importantly to assure a smooth closing. I will do what ever it takes.
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Courtesy of Invest SLO. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 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.
Property Details
Schools
Interior
Exterior
Financial
Map
Contact Us
Mortgage Calculator
Community
- AddressGarrett LN Lot 20 Arroyo Grande CA
- CityArroyo Grande
- CountySan Luis Obispo
- Zip Code93420
Subdivisions in Arroyo Grande
Property Summary
- Garrett LN Lot 20 Arroyo Grande CA is a Single Family for sale in Arroyo Grande, CA, 93420. It is listed for $1,700,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1940. The average price per square foot for Single Family listings in Arroyo Grande is $875. The average listing price for Single Family in Arroyo Grande is $1,353,051.
Similar Listings Nearby
Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…
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