


$1,700,000
Est. $9,520/mo748 Garrett Lane, Arroyo Grande, CA 93420
About this home
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.
infoProperty Facts
Bedrooms
7
Bathrooms
4
Square Feet
10,506
Lot Size
61,875 sqft
Year Built
1940
Property Type
Mixed Use
Days on Market
181
HOA Fee
N/A
Garage Total
1
MLS #
PI25170181
chairInterior Details
General Interior
Interior Features
Breakfast Bar, Separate Formal Dining Room, Open Floorplan, All Bedrooms Down, Bedroom On Main Level, Main Level Primary
Kitchen & Appliances
Appliances
Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater
Laundry
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet
Bed & Bath
Main Level Bedrooms
4
Main Level Bathrooms
3
Climate Control
Heating
Central
garageParking
Total Parking Spaces
1
Garage Spaces
1
deckExterior & Lot
Lot & Grounds
Lot Features
Two To Five Units Acre, Back Yard, Corner Lot, Rectangular Lot, Sloped Up, Value In Land
Sewer
Septic Tank
Water Source
Well
diversity_3Community & HOA
Association Info
Community Features
Suburban
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Similar Homes You Might Like
Based on price, location, and features
No similar listings found at this time.
Recently Sold
No similar listings found at this time.