Grover Beach, CA 93433,775 W Grand AVE
Grover Beach, CA 93433,775 W Grand AVE
Grover Beach, CA 93433,775 W Grand AVE
28
$1,150,000
$1,200,000
4.2%
Est.Price: ?

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0.34 Acres Lot

775 W Grand AVE Grover Beach, CA 93433

Est. payment /mo
SOLD DATE : 04/29/2022

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Key Details

Sold Price $1,150,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PI22000494

Sold Date 04/29/22

HOA Y/N No

Year Built 1957

Annual Tax Amount $7,119

Lot Size 0.340 Acres

Property Description

Great opportunity to own a 9 unit strip center in Grover Beach just a few blocks to the ocean! This fully occupied property has primarily long term tenants that generates over $6600 month in rental revenue. The building maintenance has been really good, recently painted, newer roof, trees removed, doors adjusted, etc. If you are looking for a turn key property that doesn't require a lot of your time or maintenance, this is the building for you. Located a block away from City Hall, the Police Station and Fire Station you can't get a better location to own a building. Recently a long term tenant retired and we were able to rent that unit within a couple of weeks, the desirability of the building and location is key. The historical vacancy factor on this building has been almost zero. Call your Realtor today for more information.

Location

State CA

County San Luis Obispo

Area Grvc - Grover Beach

Zoning C1

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Fence None

Community Features Park

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

Roof Type Membrane

Total Parking Spaces 19

Building

Lot Description Landscaped, Level, Near Park, Paved, Rectangular Lot, Zero Lot Line, Flat

Story 1

Water Public

Others

Tax ID 060224020

Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash to New Loan, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by Kevin Jones • Realty Professionals • 818-612-1603
Bought with Byron Grant • Century 21 Hometown Realty, Arroyo Grande Office

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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