Property Description

Total of 11 bedrooms and 9 bathrooms. Arroyo Grande (Multi-Residential & Commercial Property) arrives! 5 residences w/three houses, one duplex WITH A BRAND NEW PERMITTED THIRD BEDROOM AND BATHROOM, AND A NEWLY ADDED TWO STORY DREAM BUSINESS STRUCTURE BUILDING FOR TWO BUSINESSES. Separately gas & electric metered. Property includes a large rented shed-barn structure which generates income for storage. Work your business while rentals subsidize cash flow Includes new built / remodeled buildings, homes & more. Improvements beyond fabulous and strategically located across from Arroyo Grande Community Hospital. Please refer to the attachment for future build-outs of duplex, and a medical facility where the eastern-most home currently exists. Total of 24 parking spaces on the property 4 covered. 1 of 5 homes has 3 bdrms 2 baths; one has 2 bdrm w/ 2 baths; 3 of the 5 homes features 2 bdrms 1 baths. All in excellent condition. THE BUSINESS / COMMERCIAL PORTION FEATURES TWO PREMIUM BUSINESS SPACES NEWLY BUILT W 2810 ADDITIONAL SF. Total Currently rented for $10805 per month. The total (8) structures & all are rented with long-term renters at below market values. Possible medical office space, & existing plans for a new two story duplex included with the sale. All residential units 312,316,320,324 & 328 have washer/dryer hookups gas and electric. This parcel indeed has LOCATION, LOCATION! Guide your agent to write up your offer. Perfect landing for 1031 tax-exchange!

: natural gas, Wall Furnace
: Gas Dryer Hookup, Washer Hookup
: Street Lights
Additional Information
Home Masters Realty
: Standard

Multi-Family For Sale

316 Halcyon Road, Arroyo Grande, California 93420

8,776 Sqft
Listing ID #PI21027619
Basic Details
Status : Active
DaysOnMarket : 6
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : PI21027619
Price : $2,599,000
Living Area : 8,776 Sqft
Lot Size : 34,412 Sqft
Year Built : 2015
Price Per Square Foot : $296
Subdivision : West of 101(1000)
ModificationTimestamp : 2021-02-14 13:13:12
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