$264.33 Per Sq Foot $25,767 est/mo Sourced by Back At You

998 Houston,Grover Beach, CA 93433

Grover Beach CA, 93433

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Description

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. Featuring strategic corner placement for maximum visibility, proximity to the ocean, a 7.75% 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 $5,100,000.

Details

MLS#SC23188802
Listing TypeFor Sale
StyleRetail
Building NameNHC
Sub-TypeResale
StatusActive
Year2004
Days On Site280
Listing Provided ByRichardson Sotheby's International Realty 805-781-6040 | Andrew Richardson
Buying Commision$0

Features

SQ Feet18,159
Story(s)2
Building(s)1
ZoningLM
Acreage0.85

Market Activity 93433

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountySan Luis Obispo
CityGrover Beach
Zip Code93433
AreaGRVC Grover Beach
Listing VS Median (in 93433)
Price:
$4,800,000
low | high
Med:
$825,000
100% of Average
SqFt:
18,159
low | high
Med:
1,664
100% of Average
$ / SqFt:
$264
low | high
Med:
$529
50.069110576923% of Average
On Site:
280
low | high
Med:
145.500000
100% of Average
Sourced by Back At You
Listing Updated: June 14, 2024 at 12:54:57 PM PDT