45 Newport Ave Grover Beach, CA 93433
This exceptional industrial property, located at 45 Newport Ave, Suite 1, Grover Beach, CA 93433, presents a unique opportunity for businesses seeking versatile warehouse and manufacturing space. The single-tenant building boasts a total of 9,059 square feet, spread across two stories. The ground floor comprises a spacious warehouse area, ideal for storage and manufacturing operations. Key features include impressive 15-foot ceilings, providing ample vertical space, and three convenient roll-up doors for efficient loading and unloading. A private restroom is also located on the ground floor for employee convenience. Upstairs, a 1,000 square foot office space offers a productive work environment, separated into five individual offices, providing privacy and flexibility for various teams or departments. This second-floor office area provides a commanding view overlooking the warehouse below. The property is zoned for manufacturing and enjoys a highly desirable location near the ocean, offering a pleasant work environment. Its convenient access to Highway 1 and Grand Avenue ensures seamless transportation and logistics. This property is perfect for a variety of industrial uses and represents a compelling investment opportunity in a thriving coastal California location. The property is situated near the intersection of Newport Avenue and Front Street.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.