401 Grand Ave Arroyo Grande, CA 93420-2619

This exceptional investment opportunity presents four commercial condo units within the prestigious Encore development in Grover Beach, California. Located at 401 W Grand Ave, 93433, these units are ideally suited for restaurants and storefronts, benefiting from the vibrant downtown location and the burgeoning coastal luxury market. Phase 1 offers two ground-floor units, one measuring 972 square feet (plus a 462 sq ft patio) and the other a substantial 2,700 square feet (plus an 182 sq ft patio). Phase 2 comprises two additional units, one at 880 square feet and the other at 1,722 square feet (plus a 492 sq ft patio). Units within each phase can be combined to create larger spaces. All units are delivered as cold shells, allowing for complete customization to suit individual business needs. The development boasts a prime location, directly across from the Palladium project, which includes additional residential and commercial space. The Encore development itself features 59 luxury condos with ocean views and a rooftop deck, further enhancing the area's appeal and attracting a high-end clientele. The permitted zoning is Coastal Visitor Serving, reflecting the area's focus on tourism and hospitality. This is a rare chance to be part of Grover Beach's dynamic growth, situated within a new signature series development completed in 2025, encompassing two buildings. The total square footage available ranges from 880 to 3,672 square feet. Individual unit pricing varies, with Phase 2, Unit 1 currently listed at $379,000.