200 13Th StGrover Beach, CA 93433

Property Details for 200 13Th St

Year built

1983

Construction

WOOD

Lot size

0.02 AC

Property size (Sq ft)

661 SF

Zone code

CP

Property type

Office properties

Property subtype

Other office properties

APN

060-248-001

APU

60248001

Description

This exceptional investment opportunity presents two adjoining, fully-equipped office condo suites totaling 2,002 square feet, located at 200 S 13th St, Suites 211 & 212, Grover Beach, CA 93433. Situated in a highly desirable location just off Grand Avenue, this property offers unparalleled convenience and visibility. The suites are ideally suited for both medical and traditional office uses, boasting four well-appointed offices or treatment rooms, spacious reception areas, and a private restroom. Enjoy breathtaking ocean views from this professionally zoned (Professional Office) space. Ample parking ensures easy accessibility for clients and staff. The asking price for this turnkey property is $299,000. This presents a rare chance for owner-users to establish or expand their practice, or for investors to acquire a valuable asset in a thriving California coastal community. Each suite is individually metered, and the property features a total of 2,002 net rentable square feet. Don't miss this chance to own a piece of Grover Beach's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $93,708

  6.5%

  $86,499

  7%

  $80,321

• Comparable approach

  Method

  Valuation

  Relative Method

  $87,774

  Geo Method

  $125,696

• Alternative Use

  Use

  Valuation

  Residential

  $107,259

  Hospitality

  $98,249

  Educational

  $81,742

  Medical

  $84,553

  Retail

  $127,154

Location Insight

City

Grover Beach

County

San Luis Obispo

State

California

Latitude

35.1199

Longitude

-120.616

CBSA code

42020

CBSA name

SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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