Four industrial buildings totaling over 14,000 sqft located on a drive-thru lot with double frontage in an active industrial business area. Two smaller buildings are owner-occupied and will lease back. A third building is partially occupied on a month-to-month basis at $3,375 per month. The fourth building is approximately 5,000 sqft and fully leased on a three-year term at $6,050 per month. Features include 3-phase power and a flexible layout. Estimated CAP Rate is 5.5% with the potential for up to 7.6%. Excellent opportunity for investors or owner-users seeking both income and functionality in an established commercial corridor. ***Neighboring parcel at 978 Griffin is also available and offered at $500,000 with the concurrent sale of this property if additional space is needed.
| MLS # | SC24254186 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1995 |
| Days On Site | 606 |
| Listing Provided By | Century 21 Masters | Valerie Walla |
| SQ Feet | 14,854 |
|---|---|
| Story(s) | 1 |
| Building(s) | 4 |
| Zoning | Industrial (I) |
| Acreage | 0.76 |
| Heating | Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Lot Features | Zero To One Unit Acre, Level, Paved, Street Level |
|---|
| Electric | Volts440 |
|---|
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Grover Beach |
| Zip Code | 93433 |
| Area | GRVC Grover Beach |
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Grover Beach |
| Zip Code | 93433 |
| Area | GRVC Grover Beach |
![]() | $4,100,000928 Huston StreetGrover Beach, CA 93433 |
![]() | $3,900,000938 Huston StreetGrover Beach, CA 93433 |