Skip to main content Skip to footer
  • For sale
High-Exposure Multi-Tenant Retail/Office Investment on Major Commercial Artery in Grover Beach, California - #1
High-Exposure Multi-Tenant Retail/Office Investment on Major Commercial Artery in Grover Beach, California - #2
High-Exposure Multi-Tenant Retail/Office Investment on Major Commercial Artery in Grover Beach, California - #3
High-Exposure Multi-Tenant Retail/Office Investment on Major Commercial Artery in Grover Beach, California - #4
High-Exposure Multi-Tenant Retail/Office Investment on Major Commercial Artery in Grover Beach, California - #5
High-Exposure Multi-Tenant Retail/Office Investment on Major Commercial Artery in Grover Beach, California - #6
High-Exposure Multi-Tenant Retail/Office Investment on Major Commercial Artery in Grover Beach, California - #7
High-Exposure Multi-Tenant Retail/Office Investment on Major Commercial Artery in Grover Beach, California - #8
High-Exposure Multi-Tenant Retail/Office Investment on Major Commercial Artery in Grover Beach, California - #9

For Sale

$659,000 USD

Recent Price Reduction!


Colliers | San Luis Obispo is proud to present the Subject Property at 1601 Grand Avenue, now available for sale in Grover Beach, California.​ The opportunity consists of two commercial buildings, ample parking, courtyard, and fenced back yard area situated along 100’ of frontage along the prized Grand Avenue commercial corridor connecting Grover Beach and neighboring Arroyo Grande, visible to traffic counts of over 24,000 vehicles per day.​ 



Strengths in exposure and visibility is further bolstered by the high volume Von’s Grocery across the street, which boasts an estimated $50M/year in sales, and is ranked 2nd most-visited customer site from a survey of 167 Vons Grocery locations in California (Creditntell, July 2021).​ Meanwhile, neighboring residential communities and close proximity to Oak Park Blvd and Highway 101 provide key accessibility for local residents.​


 
The opportunity comprises +1,600 square feet (SF) divided into two buildings, each offering +800 SF of Retail Commercial space.​ Current short-term leases at $1,100 and $1,250 with utility costs paid by tenants, 1601 Grand Avenue presents a prime opportunity for investor to add value, or, for a local business owner.​