998 Houston, Grover Beach, CA 93433
-
Listed Price :
$4,800,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
2004
Property Description
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.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
998 Houston |
| City |
Grover Beach |
| State |
CA |
| Zip |
93433 |
| County |
San Luis Obispo |
| Listing Agent |
Andrew Richardson DRE #01872187 |
| Co-Listing Agent |
Charles Richardson DRE #00416661 |
| Courtesy Of |
Richardson Sotheby's International Realty |
| List Price |
$4,800,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Retail |
| Structure Size |
N/A |
| Lot Size |
37,095 |
| Year Built |
2004 |
Listing information courtesy of: Andrew Richardson, Charles Richardson, Richardson Sotheby's International Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 7th, 2024 at 9:06 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
