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. Featuring strategic corner placement for maximum visibility, proximity to the ocean, a 7.75% 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 $5,100,000.
SC23188802
Retail, Business Opportunities, 2 Story
San Luis Obispo
2004
0.8516
Acres
Public
2
18,159
Sq. Ft.
Cable Available,Electricity Connected,Natural Gas Available,Phone Connected,Sewer Connected,Water Connected
1 Total
Detailed Room Information
- Laundry
- None
Interior Features
- Cooling
- Central Air
- Heating
- Other. Forced Air.
- Security
- Security System,24 Hour Security,Key Card Entry,Smoke Detector(s),Security Lights
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Zoning
- LM
- Additional Exterior/Lot Features
- Corner Lot,Level,Paved,Rectangular Lot,Street Level.
Community Features
- Security Features
- Security System,24 Hour Security,Key Card Entry,Smoke Detector(s),Security Lights
- Complex Features
- Security System,24 Hour Security,Key Card Entry,Smoke Detector(s),Security Lights
Financial Considerations
060545039
Cash
Arrows indicate 90 day trend
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