974 Griffin Street, Grover Beach, CA 93433
  • MLS#: SC24254186 ( Industrial )
  • Street Address: 974 Griffin Street
  • Viewed: 9
  • Price: $2,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1995
  • Bldg sqft: 0
  • Days On Market: 266
  • Additional Information
  • County: SAN LUIS OBISPO
  • City: Grover Beach
  • Zipcode: 93433
  • Provided by: Century 21 Masters
  • Contact: Valerie Valerie
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Building Area Total
  1. 14854.00
Commoninterest
  1. None
Country
  1. US
Electric
  1. 440 Volts
Exclusions
  1. Personal property
  2. business equipment and inventory.
Heating
  1. Natural Gas
Land Use
  1. Industrial
Laundry Features
  1. None
Parcel Number
  1. 060544009
Postalcodeplus4
  1. 3043
Property Type
  1. Industrial
Virtual Tour Url
  1. https://youtu.be/JpTccT6ObzQ?feature=shared
Water Source
  1. Public
Year Built
  1. 1995
Year Built Source
  1. Seller
Zoning
  1. Industrial (I)