For Sale
$6,500,000

200 Station WayArroyo Grande, CA 93420

Prime Mixed-Use Investment, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use investment property, located at 200 & 230 Station Way in Arroyo Grande, California, presents a compelling opportunity. The property consists of two buildings totaling 19,352 square feet of net rentable space, currently boasting 90.8% occupancy. Built in 2000, this Class B property features a versatile layout suitable for both medical and traditional office uses, catering to a diverse tenant base. The property includes ten units spread across two stories, offering a mix of office spaces and potentially live-work arrangements. The convenient location, adjacent to the East Village and with easy access to US 101, enhances its appeal. The asking price is $6,500,000, translating to $335.88 per square foot. The property is zoned VMU (Village Mixed Use), offering flexibility for future development or adaptation. The distinct building facades create separate identities for the main suites, enhancing the overall aesthetic appeal. The property's APN is 007-482-024. This investment opportunity combines strong current income with significant long-term potential in a desirable California location. The inviting patio spaces contribute to a comfortable and attractive environment for tenants. This property is an excellent choice for both owner-users and investors seeking a stable and potentially appreciating asset.

Highlights

  • Exceptional mixed-use investment property in Arroyo Grande, CA.
  • 19,352 square feet of net rentable space with 90.8% occupancy.
  • Two-building property, built in 2000, offering a mix of office spaces, potentially including live-work units.
  • Convenient location near East Village and US 101, zoned VMU.
  • Asking price: $6,500,000 ($335.88/SF).

Property Details for 200 Station Way

Property type
Office properties, Medical offices
Square Feet
19,352 SF
Class
B
Year Built
2000
Buildings
2
Stories
2
Units
10

Location Insight

City
Arroyo Grande
County
San Luis Obispo
State
California
Latitude
35.12041471418
Longitude
-120.57868113022
200 Station Way, Arroyo Grande, California

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200 Station Way
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