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.
Vibrant Visions arise from this fine 0.85 Acre parcel in the Grover Beach Cannabis Zone. The non-conforming residence reportedly has no historical value and the remainder of the site is relatively flat and vacant. Grover Beach Planning Commission approvals were obtained in 2022 for a 12,000+ sq. ft building with 20 parking spaces including 2 handicapped. Attractive commercial service and industrial options are diverse. Numerous reports and surveys available regarding the approved development. The residence will be delivered vacant at close of escrow. All stored vehicles, sheds, etc., will be removed. Check out the neighborhood’s recent and underway development. It’s impressive! Take Oak Park Blvd from 101, south to Farroll, right on Farroll, left on Huston, 1073 is on the left. 24 hour notice required prior to showing.
Four industrial buildings in active business area, nearly 14,000 square feet. 2 smaller buildings are owner occupied and will rent back. 2nd building is partially occupied on month to month agreement. One 5,000 square separate building available for lease. Drive thru double frontage lot. 3 phase power. Call listing agent for personal tour.
This is a great opportunity to own a mixed use commercial residential property in a prime location on the central coast, and only six blocks from the beach. The property sits in the heart of Grover Beach and features two separate two story buildings both with mixed use. The front building has two commercial spaces, one 650 sq ft, and the other 850 sq ft, both on the lower level. There are two 1 bed 1 bath units each 450 sq ft above the commercial spaces with parking and entrances in the back away from the main street. The back building has two commercial units on the lower level each 350 sq ft. There is one residential unit above the commercial units in the back building around 650 sq ft. Both buildings were painted in October 2022. Minutes from beach, shopping, schools, and much much more.
A long-standing fresh seafood market established 45 years ago is now available for its third owner. A great opportunity for someone who loves fresh seafood to own their own store -
DEVELOPMENT PROJECT. For LEASE 2 NEW buildings to be built, leasing at $1.30 per sq ft plus NNN. Zoning M1 & C1. Building E will be approx 13,601 Sq Ft which can be divisible into 6 bays. E1-2643 sq ft, E2-2726 sq ft, E3-2711 sq ft, E4-2711 sq ft, E5-2726 sq ft, E6-2785 sq st. Building F will be approx 12,846 Sq Ft, which can be divisible into 4 bays. F1-3170 sq ft, F-2-3207 sq ft, F3-3162 sq ft, F4-3307 sq ft.
The median home value in Grover Beach, CA is $800,000. This is lower than the county median home value of $812,000. The national median home value is $338,100. The average price of homes sold in Grover Beach, CA is $800,000. Approximately 46.31% of Grover Beach homes are owned, compared to 39.39% rented, while 14.31% are vacant. Grover Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Grover Beach real estate agent to arrange a tour today!
Grover Beach, California has a population of 12,846. Grover Beach is less family-centric than the surrounding county with 26.26% of the households containing married families with children. The county average for households married with children is 26.98%.
The median household income in Grover Beach, California is $77,637. The median household income for the surrounding county is $82,514 compared to the national median of $69,021. The median age of people living in Grover Beach is 39.8 years.
The average high temperature in July is 72.6 degrees, with an average low temperature in January of 42.9 degrees. The average rainfall is approximately 19.4 inches per year, with 0 inches of snow per year.