Arroyo Grande, CA 93420,354 S Halcyon RD
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Arroyo Grande, CA 93420,354 S Halcyon RD
Arroyo Grande, CA 93420,354 S Halcyon RD
Arroyo Grande, CA 93420,354 S Halcyon RD
Arroyo Grande, CA 93420,354 S Halcyon RD

$1,500,000

Est. payment /mo

$1,750,000

14.3%
Est.Price: ?

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354 S Halcyon RD Arroyo Grande, CA 93420

0.37 Acres Lot

SOLD DATE : 08/31/2023

Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NS23083605

Sold Date 08/31/23

HOA Y/N No

Year Built 1992

Lot Size 0.369 Acres

Lot Dimensions Assessor

Property Description

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.

Location

State CA

County San Luis Obispo

Area Ag-West Of Hwy 101

Zoning GC

Interior

Fireplace No

Laundry None

Building

Lot Description Rectangular Lot

Story 2

Water Public

Others

Tax ID 077204029

Financing Cash,Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Francesco Pierini • Home & Ranch Sotheby's Intl
Bought with Adam Pettit • Modern Broker, Inc.

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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