1136 E Grand Ave
Arroyo Grande, CA 93420

Development opportunity in Arroyo Grande

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.

  • $1,550,000
  • Bedrooms: N/A
  • Bathrooms: N/A
  • 36,118 sq ft
  • 40,127 sq ft lot
  • Mixed Use
  • Listing #SP19258153

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