748 Garrett Lane, Arroyo Grande, CA 93420 (MLS # PI25170181)

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PRICE $1,825,000 dsIDX morgage calculator
BEDS 7
BATHS 4
HOME SIZE 10,506 sqft
LOT SIZE 1.42 ac

Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixeduse property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo's commercial 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.

DAYS ON MARKET 44 LAST UPDATED 8/7/2025
YEAR BUILT 1940 COMMUNITY AG Mesa
GARAGE SPACES 1.0 COUNTY San Luis Obispo
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Heater
AREA AG Mesa
GARAGE Yes
HEAT Central
INTERIOR Breakfast Bar, Master Downstairs, Open Floorplan
LOT 1.4205 acre(s)
LOT DESCRIPTION Back Yard, Corner Lot, Rectangular Lot, Sloped Up
POOL DESCRIPTION None
SEWER Septic Tank
STORIES 1
UTILITIES Cable Available, Electricity Connected, Propane, Phone Available, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Invest SLO

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