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Multi-Tenant Retail Center
New
For Sale
$1,500,000

802 E Grand AVE, Arroyo Grande, CA 93420

Commercial/Industrial, ARROYO GRANDE, CA

Property Size9,979 SF
Lot Size0.74 Acres
Price / SF$150.32
Days on Market2

Property Features for 802 E Grand AVE

General Information

Property type Commercial Sale
Property subtype Other
Zoning C2
Parking 5
Standard status Active
Lot size 0.74 Acres

Utilities

Water source Public

Building Details

Year built 1986
Roof type Flat, Composition
Listing Agency: eXp Realty of California Inc
Listed By: Dan O'Connell · License #00785885
Added: Sep 25 Last Checked: Sep 26 at 3:06PM
MLS# ML82062727

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 9,979-square-foot retail center contains six tenant-occupied spaces and one vacant 2,000-square-foot unit. The asset is a leased-fee interest under a ground lease ending May 14, 2051, with no extension or ground-purchase options. 7-11, Subway Sandwiches, and DK Donuts have operated at the property since the late 1980s. Built on a concrete slab, the building has a flat composition roof, with each unit equipped with a bathroom, separate utility metering, and its own rooftop HVAC system.

The 0.74-acre property is zoned C2 and has approximately 48 unassigned parking spaces. Public water and sewer serve the site, and PG&E provides utilities. The building is not sprinklered; tenants handle their own security. Financials and rent roll are available, with income and expenses subject to buyer confirmation.

Key Highlights

  • 9,979‑square‑foot retail center with six occupied suites and one 2,000‑square‑foot vacancy
  • Ground lease runs through May 14, 2051, with no extension or purchase options
  • 0.74‑acre site zoned C2

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Florist Locksmith Butcher

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Dining 32% Home Improvements & Furnishings 15%
McDonald's Dining
16,819 visits/mo 0.5 miles
Chevron Shops & Services
14,584 visits/mo 0.3 miles
Miner's Ace Hardware Home Improvements & Furnishings
14,205 visits/mo 0.1 miles
Taco Bell Dining
9,443 visits/mo 0.4 miles
Flyers Shops & Services
8,990 visits/mo 0.1 miles

Demographics for 93420, CA

30,540
Population
13,823
Households
2.2
Avg Household Size
49
Median Age
44%
College-Educated
95%
High-School Grad
197.4 sq mi
ZIP Area
155
Density / Sq Mi
$106,718
Median Household Income
$51,990
Median Earnings
$2,025
Median Rent
$872,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Six occupied suites and one vacant unit sit on a ground-leased retail property.
Where is this shopping center located?
The property is located at 802 E Grand AVE Arroyo Grande, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9,979‑square‑foot retail center with six occupied suites and one 2,000‑square‑foot vacancy; Ground lease runs through May 14, 2051, with no extension or purchase options; 0.74‑acre site zoned C2
More about this property
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