Arroyo Grande CA Real Estate & Commercial for Sale

Previously operating as a veterinary facility, the property offers versatile space adaptable for various medical or professional office uses. The floor plan includes multiple rooms tailored for medical or professional services with functional separation for client areas, treatment spaces, and administrative offices, promoting an efficient workflow. Extensive electrical upgrades have been recently completed. This conveniently located property sits just off Highway 101, offering easy accessibility. It includes five designated customer parking spaces and additional parking for five employees, ensuring convenient parking for all. The zoning allows for mixed use development or conversion of the existing building into a work live unit.

This prime mixed-use investment opportunity is located on the main commercial corridor of Arroyo Grande. The property spans approximately 6,000 square feet and boasts a strong mix of residential and commercial units, with 100% occupancy, ensuring immediate and stable cash flow. It is ideally situated with excellent visibility, easy access to Highway 101, and ample on-site parking. The property is surrounded by established businesses, including Nova Coffee and Adventist Health. Offered at $1,280,000 with a 8.10% cap rate, this is a turnkey asset in one of the Central Coast's most sought-after locations.

Located in the heart of Arroyo Grande's premier commercial corridor. Attractive, newer center with easy access to highway and other amenities. Grand Avenue is the main corridor for businesses in Arroyo Grande. Neighbors are CVS, Panda Express, UPS Store and Subway.

Callendar Commercial Park includes 6 parcels - 2 commercial/ industrial buildings totaling 22,000 sq. feet with commercial/industrial zoning. The 6 parcels together total 11.2 acres. Each of the two buildings are 19,000 and 5,000 square feet, respectively. The property interior has automatic gate and fenced on the Arroyo Grande Mesa directly off Highway 1. The 6 parcels could be zoned for a variety of uses including RV Storage, manufacturing or traditional warehouse use. Most recently the two buildings were used for indoor agricultural growing. The Callendar Commercial Park zoning allows for construction of a caretaker unit on each parcel and could allow for beautiful views of the Pacific Ocean. Building A: A freestanding, single story building with 2 ADA bathrooms and offices. 5,000 square feet Building C: A freestanding, single story, reinforced concrete industrial building is 19,000 square feet. This building is sprinklered and has multiple temperature controlled interior rooms serviced by air conditioning. In addition, it has 2 ADA complient bathrooms, offices vast tall ceilings and 6 roll-up doors throughout with 400 amp/ 3 phase power. Building D: A proposed 2 story reinforced concrete building aproximately 9,240 square feet situated adjacent to, and on the same parcel as Building A.

Leased Investment for sale: +/- 12,000 sq. ft. warehouse building that is 100% leased. Total site is +/-1.86 acres. Zoning: Industrial. Located in the County of San Luis Obispo. Current Cap Rate: 8.8%. Proforma Cap Rate 9.1%. Large lot size could allow for additional building space to be constructed. Current site coverage 15%. Water well on-site. Inquire for rent roll and more information.