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Ground Floor Retail Condo Cold Shell

401 W Grand Avenue 2-2, Grover Beach, CA 93433

For Sale
$725,000

Ground floor commercial condo delivered as a cold shell, positioned for restaurant, coffee, or retail uses in a new mixed-use series.

Property SizeContact for details
Days on Market225

Property Features for 401 W Grand Avenue 2-2

General Information

Standard status Active
Property subtype Commercial/Industrial

Additional Details

Multifamily Units 59
Listing Agency: Hart Commercial Real Estate
Listed By: Jason Hart · License CA #01334694
Source: Exitrealty
Added: Apr 1 Changed: Aug 14 Last Checked: Aug 26 at 8:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hart Commercial Real Estate

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Investment Insights

Based on property information with market context.

This offering is a ground floor commercial condo within Encore, a new mixed-use signature development by Coastal Community Builders. The first phase includes two ground floor commercial condos, and the space will be delivered as a cold shell. The broader project is described as a 59-unit residential community featuring modern design elements and amenities including an ocean-view orientation and a rooftop deck.

The project is planned to change the entrance landscape for Grover Beach, tying the commercial portion to the area’s West End growth. The property is positioned near the Grand Ave beach entrance and is described as benefiting from tourist traffic generated by that entry point.

From an operator standpoint, the cold shell delivery gives retailers, coffee concepts, and restaurant users a straightforward path to customize improvements to their needs. The development is also described as including nearly 200 new high-end residences, creating an on-site customer base alongside the visitor traffic associated with the beach entrance.

Key Highlights

  • Ground floor commercial condo delivered as a cold shell.
  • Positioned for restaurant, coffee shop, or retail uses.
  • Part of a new mixed‑use development by Coastal Community Builders.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Coffee shops

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tech Support Center Butcher Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

59
Residential units

Location Intelligence

Trade Area within ½ mile

1,207
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Rabobank Shops & Services
2,524 visits/mo 0.5 miles

Demographics for 93433, CA

12,643
Population
5,757
Households
2.2
Avg Household Size
42
Median Age
27%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
5,747
Density / Sq Mi
$82,534
Median Household Income
$39,412
Median Earnings
$1,921
Median Rent
$691,900
Median Home Value
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Market

Average Price Trend$/SF for Mixed-use properties in San Luis Obispo County, CA

$1,028 Jul
$892 Aug
$875 Sep
$786 Oct

Properties on Market for Mixed-use properties in San Luis Obispo County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground floor commercial condo delivered as a cold shell, positioned for restaurant, coffee, or retail uses in a new mixed-use series.
Where is this mixed-use property located?
The property is located at 401 W Grand Avenue 2-2 Grover Beach, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Ground floor commercial condo delivered as a cold shell.; Positioned for restaurant, coffee shop, or retail uses.; Part of a new mixed‑use development by Coastal Community Builders.
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