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Industrial Flex Property with Four Buildings
For Sale
Contact for pricing
Pending

974 Griffin Street C, Grover Beach, CA 93433

I-zoned property includes three-phase power and a mix of owner and tenant occupancy.

Property SizeContact for details
Days on Market608

Property Features for 974 Griffin Street C

General Information

Standard status Pending
Property subtype Industrial, Special Purpose
Zoning Industrial (I)
Occupancy 100%
Lease Type Gross

Additional Details

Three-Phase Power Yes

Building Details

Year Built 1995
Buildings 4
Stories 1
Units 4
Tenancy Multi
Listing Agency: CENTURY 21 Hometown Realty
Listed By: Valerie Walla · License #02217940
Source: Crexi
Added: Dec 30, 2024 Changed: Aug 30 Last Checked: Aug 30 at 12:10AM

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 CENTURY 21 Hometown Realty

Investment Insights

Based on property information with market context.

This flex-space property comprises four industrial buildings totaling over 14,000 square feet on a drive-through lot with double frontage. Built in 1995, the improvements offer adaptable layouts and three-phase power for a range of industrial operations. Two smaller buildings are occupied by the owner and are expected to lease back after closing.

The remaining buildings provide additional income arrangements. One is partially occupied under a month-to-month tenancy, while the approximately 5,000-square-foot fourth building is fully leased under a three-year term. The property is located at 974 Griffin Street in Grover Beach within an active industrial business area and is zoned Industrial (I).

Key Highlights

  • Four industrial buildings totaling over 14,000 square feet
  • Approximately 5,000‑square‑foot building leased under a three‑year term
  • Two smaller owner‑occupied buildings expected to lease back

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Law Firm Building Supply HVAC Service Pharmacy Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - I-zoned property includes three-phase power and a mix of owner and tenant occupancy.
Where is this flex space located?
The property is located at 974 Griffin Street C Grover Beach, CA.
What are key features of this property?
This property features: Four industrial buildings totaling over 14,000 square feet; Approximately 5,000‑square‑foot building leased under a three‑year term; Two smaller owner‑occupied buildings expected to lease back
(805) 541-1921 Call to check price and availability
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