Grover Beach, CA 93433,974 Griffin ST
Grover Beach, CA 93433,974 Griffin ST
Grover Beach, CA 93433,974 Griffin ST
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$2,200,000
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0.76 Acres Lot
Active Under Contract

974 Griffin ST Grover Beach, CA 93433

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Kimber Wuerfel

Kimber Wuerfel

+1(714) 812-9155

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SC24254186

HOA Y/N No

Year Built 1995

Lot Size 0.759 Acres

Property Sub-Type Industrial

Property Description

Four industrial buildings totaling over 14,000 sqft located on a drive-thru lot with double frontage in an active industrial business area. Two smaller buildings are owner-occupied and will lease back. A third building is partially occupied on a month-to-month basis at $3,375 per month. The fourth building is approximately 5,000 sqft and fully leased on a three-year term at $6,050 per month. Features include 3-phase power and a flexible layout. Estimated CAP Rate is 5.5% with the potential for up to 7.6%. Excellent opportunity for investors or owner-users seeking both income and functionality in an established commercial corridor. ***Neighboring parcel at 978 Griffin is also available and offered at $500,000 with the concurrent sale of this property if additional space is needed.

Location

State CA

County San Luis Obispo

Area Grvc - Grover Beach

Zoning Industrial (I)

Interior

Heating Natural Gas

Fireplace No

Laundry None

Building

Lot Description 0-1 Unit/Acre, Level, Paved, Street Level

Story 1

Water Public

Others

Tax ID 060544009

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Virtual Tour https://youtu.be/JpTccT6ObzQ?feature=shared

CRMLS – RECore
Listed by Valerie Walla Century 21 Masters 805-853-8318

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 12
  • 8

    Ocean View Elementary School

    Public | KG - 6

  • 8

    Harloe Elementary School

    Public | KG - 6

  • 6

    Grover Beach Elementary School

    Public | KG - 6

  • 5

    Grover Heights Elementary School

    Public | KG - 6

  • 5

    Oceano Elementary School

    Public | KG - 6

  • 5

    Fairgrove Elementary School

    Public | KG - 6

  • 0

    Dandy Lion Montessori School

    Private | KG - KG

  • 0

    Coastal Christian School

    Private | KG - 12

  • 0

    Highland Preparatory School

    Private | KG - 12

  • 0

    St Patricks Catholic School

    Private | PK - 8

  • 0

    Arroyo Grande Montessori School

    Private | PK - KG

  • 0

    Valley View Adventist Academy

    Private | KG - 10

Middle Schools 2
  • 5

    Judkins Middle School

    Public | 7 - 8

  • 4

    Mesa Middle School

    Public | 7 - 8

High Schools 3
  • 6

    Arroyo Grande High School

    Public | 9 - 12

  • 0

    Lopez Continuation High School

    Public | 9 - 12

  • 0

    Santa Lucia Regional Occupational Program

    Public | 11 - 12

School and business data provided by Attom Data.

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Kimber Wuerfel

Kimber Wuerfel

Team Leader | License ID: 01314386

+1(714) 812-9155

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974 Griffin ST