Introducing a prime retail investment opportunity in the heart of the historic village of Arroyo Grande. The property consists of 5 parcels and totals over 1 acre. The unique size of the property makes this a very rare development opportunity. Properties included are, 102 Bridge St, 101 W Branch St,123 W Branch and 121 W Branch, Arroyo Grande, CA. This impressive property with 15,289 SF of building space, and featuring 13 units, stands as a cornerstone of the retail/office area. Built in 1907 and meticulously renovated in 2024, it boasts a distinguished heritage complemented by modern functionality. With 100% occupancy and a VCD zoning classification, this property offers a solid foundation for robust returns and strategic growth. Don't miss the chance to own a piece of history while reaping the rewards of a thriving retail investment.
MLS # | PI25055650 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1907 |
Days On Site | 98 |
Listing Provided By | Century 21 Masters-Arroyo Grande | James Kelsey |
SQ Feet | 15,907 |
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Story(s) | 2 |
Units | 13 |
Building(s) | 3 |
Acreage | 1.14 |
Lot Features | Six To Ten Units Acre |
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State | CA |
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County | San Luis Obispo |
City | Arroyo Grande |
Zip Code | 93420 |
Area | ARRG Arroyo Grande |
Listing VS Median (in 93420) | |
Price: $5,990,000 low | high Med: $1,099,000 SqFt: 15,907 low | high Med: 2,035 $ / SqFt: $377 low | high Med: $540 On site: 98 low | high Med: 13.000000 |