For Sale
$695,000

402 Grand AveGrover Beach, CA 93433

Prime Restaurant/Retail Space, CA Coast

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A commercial condo, part of the Palladium development in Grover Beach, California, presents a unique investment opportunity. Located at 402 W Grand Ave, this 1,688 square foot space is ideally suited for a restaurant or storefront, boasting a desirable location within a burgeoning downtown area poised for significant growth. The property is part of a new luxury development, scheduled for completion in May 2025, and features a modern design reflecting coastal luxury. The unit will be delivered as a cold shell, allowing for complete customization to suit your specific business needs. The building itself is a four-story structure, and this unit benefits from a private patio. The surrounding area is experiencing substantial development, with a nearby project adding further commercial space and residential units, creating a vibrant and expanding community. The property's zoning permits a variety of uses, making it a versatile and attractive investment. The asking price is $695,000, translating to $411.73 per square foot. This is an unparalleled chance to establish a presence in a thriving coastal California market, positioned to become a premier dining destination. The Palladium development also includes 37 luxury condos with ocean views and a rooftop deck, further enhancing the area's appeal and attracting a high-quality clientele. This is a ground floor unit in a building with one building and four stories. The property is located in San Luis Obispo County, zip code 93433.

Property Details for 402 Grand Ave

Property type
Retail properties, Restaurants
Square Feet
1,688 SF
Class
A
Year Built
2025
Buildings
1
Stories
4

Location Insight

City
Grover Beach
County
San Luis Obispo
State
California
Latitude
35.121505
Longitude
-120.626211
402 Grand Ave, Grover Beach, California

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402 Grand Ave
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