$4,800,000
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998 Houston Grover Beach, CA 93433
Retail
Residence
Beds
Baths
18,159
Sq. Ft.
0.85
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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Discover an exceptional investment opportunity in Grover Beach, California, with this remarkable commercial property at 998 Houston. Zoned for retail trade, industrial, retail or office space and currently operating as one of the town's two exclusive cannabis dispensaries, this 18,159sq ft property ...presents a rare chance for investors. This income generating commercial building has about $430,901.50 in annual gross income. Featuring strategic corner placement for maximum visibility, proximity to the ocean, a 9% cap rate from a lease with one of the largest distributors and cultivators in the United States, and an array of amenities such as 24-hour security, restrooms, a break room, lobby, electric charging, Solar and key card entry, this offering is poised for success. Don't miss out on securing your place in Grover Beach thriving retail landscape; contact us today for a viewing and explore the endless potential this property offers at an asking price of $4,800,000.
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MLS#
SC23188802
Property Type
Retail
Status
Year Built
2004
Square Feet
18,159
sq. ft
Lot Size
0.85
Sewer
Sewer Connected
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