$ 2,200,000
-
$2,200,000
Price -
0
Bed - Bath
-
14,854
SqFt
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About the Listing SC9354 - SC02217940,ATSHERERM
Four industrial buildings totaling over 14,000 sqft located on a drive-thru lot with double frontage in an active industrial business area. Two smaller buildings are owner-occupied and will lease back. A third building is partially occupied on a month-to-month basis at $3,375 per month. The fourth building is approximately 5,000 sqft and fully leased on a three-year term at $6,050 per month. Features include 3-phase power and a flexible layout. Estimated CAP Rate is 5.5% with the potential for up to 7.6%. Excellent opportunity for investors or owner-users seeking both income and functionality in an established commercial corridor. ***Neighboring parcel at 978 Griffin is also available and offered at $500,000 with the concurrent sale of this property if additional space is needed.
Listing Highlights for 974 Griffin St
Status
Active With Contingency
Days on Site
302
Property Type
Commercial Sale
MLS ®
SC24254186
Year Built
1995
Total Square Footage
14,854
Lot/Acreage
N/A
County
San Luis Obispo
Area
GRVC - Grover Beach
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Zoning: Industrial (I)
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 060544009
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
974 Griffin St Grover Beach, CA 93433
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