974 Griffin St Grover Beach, CA 93433
Property Features for 974 Griffin St
General Information
- Property type
- Industrial
- Standard status
- Contract
- Lot size
- 0.76 Acres
Building Details
- Year built
- 1995
Source:
Elliman
Listing Agency: Century 21 Masters Listing Agent: Valerie Walla
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Four Industrial Buildings For Sale
Four industrial buildings, totaling over 14,000 square feet, are available for purchase. The buildings are situated on a drive-thru lot with double frontage within an active industrial business area. Two of the smaller buildings are currently owner-occupied and will be leased back. A third building is partially occupied on a month-to-month basis, generating $3,375 per month. The fourth building, approximately 5,000 square feet, is fully leased on a three-year term, producing $6,050 per month. The property features 3-phase power and a flexible layout. This presents an opportunity for investors or owner-users seeking both income and functionality in an established commercial corridor. The neighboring parcel at 978 Griffin is also available for $500,000 with the concurrent sale of this property if additional space is needed.
Location Intelligence
Current Use by Public Records
Industrial properties
Location Insight
- Map
- Local Demand
- City
- Grover Beach
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.6217971
- Latitude
- 35.1111767
Nearby Similar for Sale
FAQs
What type of property is this?
Industrial property - Four industrial buildings on a drive-thru lot in active area.
Where is this industrial property located?
The property is located at 974 Griffin St Grover Beach, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: - Four industrial buildings totaling over 14,000 sqft in an active industrial area.; - Existing leases in place generating income: $3,375/month (partially occupied) and $6,050/month (fully leased).; - Estimated 5.5% CAP Rate with potential to reach 7.6%.
