998 Houston Grover Beach CA 93433 MLS #SC23188802

998 Houston
Grover Beach, CA, 93433
$4,800,000
Beds
0 Baths
SqFt
0 Acres
Discover an exceptional investment opportunity in Grover Beach, California, with this remarkable commercial property at 998 Houston. Zoned for retail trade, industrial, retail or office space and currently operating as one of the town’s two exclusive cannabis dispensaries, this 18,159sq ft property presents a rare chance for investors. This income generating commercial building has about $430,901.50 in annual gross income. Featuring strategic corner placement for maximum visibility, proximity to the ocean, a 9% cap rate from a lease with one of the largest distributors and cultivators in the United States, and an array of amenities such as 24-hour security, restrooms, a break room, lobby, electric charging, Solar and key card entry, this offering is poised for success. Don’t miss out on securing your place in Grover Beach thriving retail landscape; contact us today for a viewing and explore the endless potential this property offers at an asking price of $4,800,000.

Property Details

Price:
$4,800,000
MLS #:
SC23188802
Status:
Active
Baths:
0
Address:
998 Houston
Type:
Commercial
Subtype:
Retail
Neighborhood:
grvcgroverbeach
City:
Grover Beach
Listed Date:
Oct 16, 2023
State:
CA
ZIP:
93433
Year Built:
2004
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JoAnn

JoAnn

Realtor®

Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

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Interior

Cooling
Central Air
Heating
Forced Air

Exterior

Electric
Photovoltaics Seller Owned
Security Features
24 Hour Security, Card/ Code Access, Security Lights, Security System, Smoke Detector(s)
Stories Total
2
Water Source
Public

Financial

Utilities
Cable Available, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected

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