Licensed Commercial
For Sale
$695,000
Pending
967 Huber Street, Grover Beach, CA 93433
Commercial Sale, Grover Beach, CA
Property Size2,100 SF
Days on Market2218
Property Features for 967 Huber Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Industrial/Comm Cannabis
Directions
From N 4th St Turn left onto Farroll Road, Turn Right onto Huber Street
Subdivision
GRVC - Grover Beach
Standard status
Pending
APN
060547024
Amenities
commercial kitchen space
smokehouse
walk-in refrigeration/freezer units
three-compartment sink and wash area
wall-to-wall floor drains
office space
bathroom and shower
storage spaces
three phase electrical meters
Building Details
Year built
1989
Listing Agency:
Modern Broker-Pismo Beach
(805) 773-4130
Listed By:
David Hubbell · License #01786294
(805) 598-9291
Added: Sep 11, 2020
Changed: Aug 20
Last Checked: Oct 7 at 1:06AM
MLS# PI20190190
Copyright © 2026 California Regional Multiple Listing Service, 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 commercial kitchen property in Grover Beach includes approximately 2100 sq ft of workspace within a building constructed in 1989. The production area features a built-in smokehouse, multiple walk-in refrigeration and freezer units, a three-compartment sink, wash facilities, and floor drains across the work area. Three-phase electrical meters support heavy manufacturing operations.
The upper level adds an office, bathroom with shower, and storage areas. Zoning is identified as Industrial/Comm Cannabis, and the property is located within the Green Zone Cannabis Business District. The existing improvements are suited to commercial food preparation, catering, commissary operations, bakery production, consumable manufacturing, and related processing uses, subject to applicable regulatory requirements. The property is located at 967 Huber Street in Grover Beach, California.
The upper level adds an office, bathroom with shower, and storage areas. Zoning is identified as Industrial/Comm Cannabis, and the property is located within the Green Zone Cannabis Business District. The existing improvements are suited to commercial food preparation, catering, commissary operations, bakery production, consumable manufacturing, and related processing uses, subject to applicable regulatory requirements. The property is located at 967 Huber Street in Grover Beach, California.
Key Highlights
- Approximately 2100 sq ft of commercial kitchen workspace
- Three‑phase electrical meters for heavy manufacturing
- Built‑in smokehouse and multiple walk‑in refrigeration/freezer units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,048
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,960
$601.0K
Cap Rate 7%
$429,257
$429.3K
Cap Rate 9%
$333,867
$333.9K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$42.1K $20.04/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$40.1K $19.08/SF
− OpEx
−$10.0K −$4.77/SF
NOI
$30.0K $14.31/SF
Area
San Luis Obispo County, CA
Vacancy
4.80%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,960
Cap Rate 7%
$429,257
Cap Rate 9%
$333,867
Alternative Uses
Best Use
Specialty Retail
$429.3K
$375.6K – $500.8K
NOI $30,048 @ 7.0% cap · market cap 4.32%
Second Best
Flex RnD
$372.0K
$325.5K – $434.0K
NOI $26,042 @ 7.0% cap · market cap 3.75%
Theoretical Best
Healthcare Medical
$825.9K
$722.7K – $963.6K
NOI $57,813 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Heavy power
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
476
Businesses Nearby
Explore this area
Business Placement
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - Industrial-zoned workspace combines food-production infrastructure with refrigeration, sanitation, and office improvements.
Where is this commercial kitchen located?
The property is located at 967 Huber Street Grover Beach, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Approximately 2100 sq ft of commercial kitchen workspace; Three‑phase electrical meters for heavy manufacturing; Built‑in smokehouse and multiple walk‑in refrigeration/freezer units
