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Arroyo Grande, CA

$1,280,000

1140 -1148 E Grand Avenue, Arroyo Grande, CA
1959
Built
62
Days listed

About this home

This prime mixed-use investment opportunity is located on the main commercial corridor of Arroyo Grande. The property spans approximately 6,000 square feet and boasts a strong mix of residential and commercial units, with 100% occupancy, ensuring immediate and stable cash flow. It is ideally situated with excellent visibility, easy access to Highway 101, and ample on-site parking. The property is surrounded by established businesses, including Nova Coffee and Adventist Health. Offered at $1,280,000 with a 8.10% cap rate, this is a turnkey asset in one of the Central Coast’s most sought-after locations.

Facts & features

Interior
Laundry
Inside
Exterior & lot
Lot size
0.418 acres (18,199 sq ft)
Year built
1959
Community
Area
ARRG - Arroyo Grande
County
San Luis Obispo
Listing details
Status
Active
Property type
Mixed Use
Days on market
62
Listed
2026-04-01
Original price
$1,499,000
Parcel #
077113015
MLS #
SC26070309
Listed by
Rodney Trujillo · Trujillo Commercial Real Estate Group
805-439-4733rod@trujillo-group.comDRE #01388764

Location

Price history

Listed
$1,499,000 · 2026-04-01
Price reduced
$1,280,000 (−$219,000)
Days on market
62
Current price
$1,280,000
Financing

Could this home be yours?

Estimated monthly payment
$8,030
$6,472 principal & interest · $1,557 taxes & insurance
$256,000
Estimate only
Loan $1,024,000

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Listing data provided by CRMLS

Listing courtesy of Trujillo Commercial Real Estate Group. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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