Active

748 Garrett Lane

Arroyo Grande, CA 93420
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Bed 0

Bed

Bath 0

Bath

SqFt10,506

Sqft

SqFt61,875

Sqft(Lot)

Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixed-use property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo’s commercial core, the site offers excellent visibility and easy access to areas along the Central Coast. The industrial/commercial portion of the property encompasses approximately 7,464 square feet of industrial space, currently home to a long-standing, locally operated welding and metal fabrication business. The seller is open to leasing back the industrial portion, allowing for immediate rental income with a stable commercial tenant in place. In addition to the industrial component, the property features two income-g enerating residences. The first is a site-built home offering a spacious layout with 1 bedroom, 1.5 bathrooms, and 1,482 sqft with potential for two additional rooms with closet additions. A private fenced 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 newer roof (installed just three years ago) further enhance the property's appeal. With strong rental history, a desirable location, and a unique mix of commercial and residential components, this property is well-suited for investors seeking steady cash flow or buyers looking for live-work flexibility. Reach out today to explore the possibilities this dynamic property offers.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,700,000

AD Id : 66376380

MLS Id : PI25170191

Lot Size : 61,875 Sqft

Living Area Size : 10,506

Year Built : 1940

Garage : 4

County : San Luis Obispo

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Well Sewer: Septic Tank
  • Interior Features

    Roof: Shingle Interior Features: All Bedrooms Down,Bedroom on Main Level Property Appliances: Dishwasher,Electric Oven,Electric Range,Gas Oven,Gas Range,Microwave,Refrigerator,Range Hood,Water Heater
  • Cooling Features

    None Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 1940 Building Area Total: 10,506 Roof: Shingle
  • Accessibility Features

    Parking

    Pool Features

    None

    Laundry Features

    Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside

    Fencing

    Chain Link,Privacy,Wood

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1.4205
  • Lot Size Source: Assessor Lot Size Square Feet: 61875

  • Listing Price Information

    Original List Price: 1,700,000 Listing Contract Date: 2025-07-08
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 091341011

  • Garage and Parking

    Garage Description: Asphalt,Driveway Level,Driveway,Garage,Paved,Private,RV Potential,RV Access/Parking,Workshop in Garage

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: All Utilities

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: AG Mesa Postal Code Plus 4: 9619 Directions: Take Halcyon Rd to CA-1, turn left onto CA-1, turn right onto S Halcyon Rd, turn right onto CA-1 S/Mesa View Dr, turn right onto Garrett Ln, the destination will be on your right. Zoning: IND Source Property Type: Residential Income Area: AG Mesa Property SubType: Mixed Use
  • Building and Construction

    Property Age: 86 Common Walls: No Common Walls Structure Type: Mixed Use Year Built Source: Public Records Entry Level: 1 Entry Location: Front Door Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

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5720 Huasna Townsite Road, Arroyo Grande, CA, 93420 $2,600,000 6 1 3,665 3,665 SqFt
4905 Huasna Road, Arroyo Grande, CA, 93420 $2,499,999 5 3 2,829 2,829 SqFt
125 & 127 Charan Way, Arroyo Grande, CA, 93420 $1,599,000 5 2 2,889 2,889 SqFt
1078 Corbett Canyon Road, Arroyo Grande, CA, 93420 $2,400,000 3 3 3,300 3,300 SqFt
1665 Corbett Highlands .., Arroyo Grande, CA, 93420 $1,849,000 4 1 2,580 2,580 SqFt
1640 Corbett Canyon Road, Arroyo Grande, CA, 93420 $2,575,000 4 3 4,460 4,460 SqFt
1155 Carpenter Canyon R.., Arroyo Grande, CA, 93420 $2,475,000 4 4 3,104 3,104 SqFt
950 Huasna #59, Arroyo Grande, CA, 93420 $519,500 3 2 1,336 1,336 SqFt
264 Cobble Creek Way, Arroyo Grande, CA, 93420 $1,775,000 5 2 2,634 2,634 SqFt

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ByOwner last updated this listing 06/12/2026 @ 14:09

MLS: PI25170191 LISTED BY: Chelsea King, Invest SLO 805-295-2719 SOURCE: CRMLS

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