Skip To Content

748 Garrett Lane

Arroyo Grande, CA 93420
  • $1,700,000
  • STATUS: Active
  • ON SITE: 169 Days
  • ID#: PI25170181
UPDATED: 53 min ago
$1,700,000
  • 7
    BEDS
  • 1.42
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 10,506
    SQFT
  • $162
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1940
County:
Area:

School Ratings & Info

School District:
Listing Agent(s): Chelsea King of Invest SLO (805-295-2719) and Abel Contreras of ()


Description

Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixeduse property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo’s commercialcore, the site offers excellent visibility and easy access to areas along the Central Coast. The industrial/commercial portion of the propertyencompasses approximately 7,464 square feet of industrial space, currently home to a long-standing, locally operated welding and metalfabrication business. The seller is open to leasing back the industrial portion, allowing for immediate rental income with a stable commercialtenant in place. In addition to the industrial component, the property features two income-generating residences. The first is a site-built homeoffering a spacious layout with 1 bedroom, 1.5 bathrooms, and 1,482 sqft with potential for two additional rooms with closet additions. A privatefenced yard and detached structure for storage adding flexibility to the space. The second residence is a, 3-bedroom, 2-bathroom, 1,560sqft manufactured home that has been upgraded with new flooring, granite countertops, and vaulted ceilings. A detached four-bay garage and a newerroof (installed just three years ago) further enhance the property's appeal. With strong rental history, a desirable location, and a unique mix ofcommercial and residential components, this property is well-suited for investors seeking steady cash flow or buyers looking for live-workflexibility. Reach out today to explore the possibilities this dynamic property offers.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-01-24T15:29:59.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Equity Union. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/166703469
Print Image

748 Garrett Lane Arroyo Grande, CA 93420

  • Price: $1,700,000
  • Status: Active
  • On Site: 169 Days
  • Updated: 53 min ago
  • ID#: PI25170181
7
Beds
4
Baths
0
½ Baths
1.42
Acres
10,506
SQFT
$162
$/SQFT
1940
Built
Neighborhood:
Ag Mesa
County:
San Luis Obispo
Area:
Ag Mesa
School District:
Lucia Mar Unified
Property Description
Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixeduse property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo’s commercialcore, the site offers excellent visibility and easy access to areas along the Central Coast. The industrial/commercial portion of the propertyencompasses approximately 7,464 square feet of industrial space, currently home to a long-standing, locally operated welding and metalfabrication business. The seller is open to leasing back the industrial portion, allowing for immediate rental income with a stable commercialtenant in place. In addition to the industrial component, the property features two income-generating residences. The first is a site-built homeoffering a spacious layout with 1 bedroom, 1.5 bathrooms, and 1,482 sqft with potential for two additional rooms with closet additions. A privatefenced yard and detached structure for storage adding flexibility to the space. The second residence is a, 3-bedroom, 2-bathroom, 1,560sqft manufactured home that has been upgraded with new flooring, granite countertops, and vaulted ceilings. A detached four-bay garage and a newerroof (installed just three years ago) further enhance the property's appeal. With strong rental history, a desirable location, and a unique mix ofcommercial and residential components, this property is well-suited for investors seeking steady cash flow or buyers looking for live-workflexibility. Reach out today to explore the possibilities this dynamic property offers.
Exterior Features

Attached Garage YN No Entry Level 1 Entry Location 1 Lot Features 2-5 Units/AcreBack YardCorner LotRectangular LotSloped UpValue In Land Parking Total 1 Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Unimproved Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances DishwasherElectric OvenElectric RangeGas OvenGas RangeMicrowaveRefrigeratorRange HoodWater Heater Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Interior Features Breakfast BarSeparate/Formal Dining RoomOpen FloorplanAll Bedrooms DownBedroom on Main LevelMain Level Primary Main Level Bathrooms 3 Main Level Bedrooms 4

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Garage YN Yes Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupInsideLaundry Closet Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeFHAVA Loan New Construction YN No Property Sub Type Mixed Use Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Structure Type Mixed Use Utilities Cable AvailableElectricity ConnectedPropanePhone AvailableSewer ConnectedWater Connected Water Source Well Zoning IND



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-01-24T15:29:59.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Equity Union. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374989695-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374989695-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374989695-2.jpg
Logo
Equity Union
860 Walnut St. Ste C
San Luis Obispo CA, 93401
Listing Agent(s): Chelsea King of Invest SLO (805-295-2719) and Abel Contreras of ()