Commercial Real Estate Market in Grover Beach, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
31 active listings and 618 off-market properties in Grover Beach, CA. Commercial property asks $373/SF to buy and $42.26/SF/Yr to lease.
Market Trends
Grover Beach, CA spans 2.2 square miles in San Luis Obispo County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Grover Beach, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Grover Beach, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Grover Beach, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Grover Beach, CA asks $494/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
Grover Beach, CA has 12,643 residents in 5,757 households. Density runs 5,842 people per square mile. Median household income here is $82,534 and median gross rent $1,921 a month.
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
5,842
Density / Sq Mi
$82,534
Median Household Income
$39,412
Median Earnings
$1,921
Median Rent
$691,900
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Grover Beach?
Commercial property in Grover Beach, CA asks an average of $373 per square foot. The 6 most recent recorded sales traded at a median of $803/SF. Multifamily carries the highest asking price at $494/SF.
How much does it cost to lease commercial space in Grover Beach?
Asking lease rates in Grover Beach, CA average $42.26 per square foot per year.
Where does Realmo's Grover Beach market data come from?
Realmo compiles Grover Beach, CA figures from 7 recent recorded sales, 25 active sale listings, 6 active lease listings, 618 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 6 active for-lease listings in Grover Beach, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
