354 S Halcyon Road Arroyo Grande CA 93420 MLS #NS23083605

354 S Halcyon Road
Arroyo Grande, CA, 93420
$1,750,000
Beds
0 Baths
SqFt
0 Acres
Seller financing available.
Great opportunity to own a mixed use commercial and residential property in a SUPREME location in the heart of coveted Arroyo Grande. Located just across the street from Arroyo Grande Hospital and other local amenities.
With an oversized lot of 16,000± sq.ft, this could be the perfect spot for a multi-family housing project opportunity as the zoning supports up to 8 residential units.

The first floor is a commercial space of around 4,263± sq.ft consisting of 4 office spaces (A=855SF, B=798SF, C=917SF, D=855SF) currently leased by 1 tenant for $8,500.68/month to a county entity.
The second level is a 813± sq.ft 1 bed, 1 bath residential unit apartment currently rented for $1350/month.

The lot offers ample off-street parking spaces and benefits from a private fenced grassy court in the back that could be developed.
An unmatched opportunity in the market we are in and for this location. This property is the ultimate edge against our current inflation currently generating $9,850/month with rent below market value.

Property Details

Price:
$1,750,000
MLS #:
NS23083605
Status:
Closed ((Aug 31, 2023))
Baths:
0
Address:
354 S Halcyon Road
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
AG-West of Hwy 101
City:
Arroyo Grande
Listed Date:
May 22, 2023
State:
CA
ZIP:
93420
Year Built:
1992
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James

James

Co-Owner/ Broker/ Realtor®

Default 805 748-2262
Work Phone 805 481-3939

Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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354 S Halcyon Road
Arroyo Grande, CA