850 Grand Ave, Grover Beach, CA 93433-2134
- Retail space
- 3,750 SF
- 0.17 lot acres
Current Use by Public Records
- Retail space
Property Details for 850 Grand Ave
- Year built
- 1952
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Zone code
- CBD
- Property type
- Retail space
- APN
- 060-228-005
- APU
- 60228005
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 4, 2022 | $1,091,500 | Brian Marc Collins | Keith Garl | Grant Deed | $597k · Keith Garl |
| Apr 21, 2017 | — | Keith Garl | Yamasaki,karen | Quit Claim Deed · related | — |
| Apr 21, 2017 | $570,000 | Keith Garl | Korn Trust | Grant Deed | — |
| Jul 9, 2009 | $550,000 | Korn Trust | Hullette R & E Family Trust | Grant Deed | — |
| May 6, 2009 | — | Elayne H Hullette | Hullette,robert E | Affidavit Of Death · related | — |
| Aug 28, 2007 | — | Hullette R & E Family Trust | Hullette,robert E & Elayne H | Quit Claim Deed · related | — |
Description
This exceptional 3,750 square foot commercial property in Grover Beach, California, presents a unique investment opportunity. Located in the heart of the Central Business District at 850 W Grand Avenue, 93433, this well-maintained building offers versatile space ideal for various commercial uses. The property boasts durable epoxy floors, two bathrooms, and two heaters. Ample off-street parking ensures convenience for both employees and customers. The layout is adaptable, potentially accommodating multiple tenants, maximizing rental income or allowing for separate business operations. Its prime location within a vibrant commercial hub provides excellent visibility and accessibility, surrounded by shops, restaurants, and offices, ensuring high foot traffic and a thriving business environment. This property is listed at $1,275,000 and is available for sale or lease. The property's strategic location and adaptable design make it an attractive option for investors seeking a strong return or entrepreneurs looking for a thriving business location in a bustling area of San Luis Obispo County. This is a rare opportunity to acquire a well-situated commercial property in a high-demand area.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $815,000
- ML approach
- $830,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,015,000
- 6.5%
- $935,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $815,000
Market price range: $336k - $816k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,385,000 Current use
- MEDICAL BUILDING
- $1,540,000 Change: +11% Conversion: Difficult
- OFFICE BUILDING
- $1,440,000 Change: +4% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Grover Beach
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.621
- Latitude
- 35.1211
- CBSA code
- 42020
- CBSA name
- SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
