East Grand Village is approved and entitled to build 22 new residential units and retail frontage on East Grand Avenue. 2 identical mixed use buildings front E. Grand Ave. with commercial on ground floor and spacious 2-bedroom apartments above, ideal for a live work scenerio. 20 additional 2-bedroom units make up the interior lot. The interior units are designed to have individual facades per a variety of unit types to scale appropriately with adjacent residential zones. Roof decks for each unit adds quality outdoor space for future tenants/owners. A new drive aisle between the two mixed use buildings leads to a 40-stall surface parking lot screened entirely from street view. Currently the 2 buildings on site generate $3,595 per month in income.
1136 E Grand Ave
Arroyo Grande, CA 93420
Development opportunity in Arroyo Grande
- Bedrooms: N/A
- Bathrooms: N/A
- 36,118 sq ft
- 40,127 sq ft lot
- Mixed Use
- Listing #SP19258153
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