Discover an exceptional investment opportunity in Grover Beach

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Commercial For Sale

998 Houston

Grover Beach, California 93433

San Luis Obispo County

Community: 

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$4,800,000 0 br, 0.0 bath 18159 sq. ft. 0.000 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.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 18159
  • Year Built: 2004
  • Utilities: 
  • Fireplaces: 
  • Stories: 
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  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
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  • Roof: 
  • MLS #: SC23188802
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Contact Information:
Beach Commercial For Sale in Grover Beach, California
Listing Agent: Andrew Richardson, Richardson Properties, Inc., 805-781-6040, 805-781-6040 Listing Site, Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 4296745
Viewed 203 times.
Updated: Nov 13, 2023

This property is a Commercial located at 998 Houston, Grover Beach, California 93433, and is currently For Sale at $4,800,000. This Commercial has 0 bedrooms, 0.0 baths, 18159 sq ft.