>>>alt=”1101 W Grand Avenue 1-2 [0]” >alt=”1101 W Grand Avenue 1-2 [1]” >alt=”1101 W Grand Avenue 1-2 [2]” >INVESTMENT HIGHLIGHTS
• Great location on Grand Avenue in the heart of the Grover Beach business district
• Free Parking – on the street and back of lot
EXCECUTIVE SUMMARY
High profile corner location in the commercial core of Grover Beach. Excellent opportunity for an owner/user or as an entry level commercial investment. The subject property currently consists of two suites that could be combined as one giving the owner flexibility. Neither of the suites is currently occupied. This area of Grover Beach is subject to two major developments only a few blocks to the west. The business addresses are 1101 and 1111. Located near the main beach access and the Oceano Dunes.
The accepted uses have an incredibly wide range including but not limited to Mixed-Use, Residential multi-unit, Retail, Restaurant and possible options. The City of Grover Beach has invested in this tourist corridor and Central Business District that encourages forward-thinking development on this location which would add to this robust and growing section of Grover Beach. Please verify with the City of Grover Beach for allowable uses and development options. (Grover Beach West Grand Master Plan https://grover.org/DocumentCenter/View/1836/GB_WGrandAve_MasterPlan_Final_01-18-11?bidId=)
PROPERTY FACTS
Sale Type: Investment or Owner User Property Type: Retail
Property Subtype: Storefront Retail/Office Building Size: 3,000 SF
Year Built: 1956 Price: $700,000
Price Per SF: $233 Tenancy: Single
Building Height: 1 Story Building FAR: 0.53
Land Acres: .13 (5663 SqFt) Zoning: Retail
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