Current Use by Public Records
- Office Spaces
Property Details for 200 Station Way
- Year built
- 2000
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
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.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arroyo Grande
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.579
- Latitude
- 35.1204
