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Listed by Robert Mariani, DRE #01374161 • Mariani Realty
$ 449,000
Est. payment /mo
Price Dropped by $46K
414 E Grand Arroyo Grande, CA 93420
1 Bed
1 Bath
592 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other Residential
Listing Status Active
Purchase Type For Sale
Square Footage 592 sqft
Price per Sqft $758
MLS Listing ID CRPI26041924
Bedrooms 1
Full Baths 1
Year Built 1936
Lot Size 6,534 Sqft
Property Sub-Type Other Residential
Source California Regional MLS
Property Description
Positioned in the heart of Arroyo Grande's vibrant trade corridor, this rare mixed-use property offers both immediate income and exceptional future development potential. Situated on a 0.15-acre lot along Grand Avenue-the primary artery connecting Arroyo Grande, Grover Beach, and the Pacific Ocean-the site features an existing one-bedroom, one-bath residence located toward the front of the parcel, allowing space for approximately eight on-site parking spaces. Mixed-use commercial zoning provides a wide range of possibilities for redevelopment, expansion, or live-work concepts. Just moments away, the charming Village of Arroyo Grande offers popular restaurants, boutique shopping, and a strong sense of community, further enhancing the property's long-term value. According to City Planning, the site is well-suited for mixed-use development, making this an outstanding opportunity for investors, developers, or visionaries looking to capitalize on location, zoning flexibility, and future upside-while benefiting from rental income in the interim. Buyers are advised to verify all potential uses and development opportunities with the City of Arroyo Grande.
Location
State CA
County San Luis Obispo
Area Ag-West Of Hwy 101
Interior
Heating No Heating
Cooling None
Fireplaces Type None
Laundry 30, 38
Exterior
Pool None
View None
Building
Story One Story
Water District - Public
Others
Tax ID 006175006
Special Listing Condition Not Applicable
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