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Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixed-use property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo's commercial core, the site offers excellent visibility and easy access to areas along the Central Coast. The industrial/commercial portion of the property encompasses approximately 7,464 square feet of industrial space, currently home to a long-standing, locally operated welding and metal fabrication business. The seller is open to leasing back the industrial portion, allowing for immediate rental income with a stable commercial tenant in place. In addition to the industrial component, the property features two income-generating residences. The first is a site-built home offering a spacious layout with 1 bedroom, 1.5 bathrooms, and 1,482 sqft with potential for two additional rooms with closet additions. A private fenced yard and detached structure for storage adding flexibility to the space. The second residence is a, 3-bedroom, 2-bathroom, 1,560sqft manufactured home that has been upgraded with new flooring, granite countertops, and vaulted ceilings. A detached four-bay garage and a newer roof (installed just three years ago) further enhance the property's appeal. With strong rental history, a desirable location, and a unique mix of commercial and residential components, this property is well-suited for investors seeking steady cash flow or buyers looking for live-work flexibility. Reach out today to explore the possibilities this dynamic property offers.
Property Type(s):
Residential Income
| Last Updated | 8/7/2025 | Year Built | 1940 |
|---|---|---|---|
| Community | AG Mesa | Garage Spaces | 4.0 |
| County | San Luis Obispo |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Heater |
| AREA | AG Mesa |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 1.4205 acre(s) |
| LOT DESCRIPTION | Back Yard, Corner Lot, Rectangular Lot, Sloped Up |
| PARKING | Asphalt, Driveway, Garage, Paved, Private, RV Access/Parking, Workshop in Garage |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| UTILITIES | Electricity Connected, Propane, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills |
| WATER | Well |
Location
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Listed with Invest SLO
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