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Property profile & analytics
OFF-MARKET
Office Spaces

200 Station Way Arroyo Grande, CA 93420

19,352 SF Built 2000
Property ID
Property summary
AI-generated overview

This exceptional mixed-use investment property, located at 200 & 230 Station Way in Arroyo Grande, California, presents a compelling opportunity. The property consists of two buildings totaling 19,352 square feet of net rentable space, currently boasting 90.8% occupancy. Built in 2000, this Class B property features a versatile layout suitable for both medical and traditional office uses, catering to a diverse tenant base. The property includes ten units spread across two stories, offering a mix of office spaces and potentially live-work arrangements. The convenient location, adjacent to the East Village and with easy access to US 101, enhances its appeal. The asking price is $6,500,000, translating to $335.88 per square foot. The property is zoned VMU (Village Mixed Use), offering flexibility for future development or adaptation. The distinct building facades create separate identities for the main suites, enhancing the overall aesthetic appeal. The property's APN is 007-482-024. This investment opportunity combines strong current income with significant long-term potential in a desirable California location. The inviting patio spaces contribute to a comfortable and attractive environment for tenants. This property is an excellent choice for both owner-users and investors seeking a stable and potentially appreciating asset.

Property profile
Verified
Property type Office Spaces
Year built 2000
Total area 19,352 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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