Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixeduse 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.
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.
Current real estate data for Single Family in Arroyo Grande as of Nov 28, 2025
52
Single Family Listed
66
Avg DOM
807
Avg $ / SqFt
$1,225,413
Avg List Price
Property Details
Price:
$1,700,000
MLS #:
PI25170181
Status:
Active
Beds:
7
Baths:
4
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
agme
Listed Date:
Aug 7, 2025
Finished Sq Ft:
10,506
Lot Size:
61,875 sqft / 1.42 acres (approx)
Year Built:
1940
Schools
School District:
Lucia Mar Unified
Interior
Appliances
DW, MW, RF, GO, GR, EO, ER, HOD, WHU
Bathrooms
4 Full Bathrooms
Cooling
NO
Heating
CF
Laundry Features
GE, IN, ICL, WH
Exterior
Community Features
SUB
Parking Spots
1
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address748 Garrett LN Lot 20 Arroyo Grande CA
- CityArroyo Grande
- CountySan Luis Obispo
- Zip Code93420
Subdivisions in Arroyo Grande
Property Summary
- 748 Garrett LN Lot 20 Arroyo Grande CA is a Single Family for sale in Arroyo Grande, CA, 93420. It is listed for $1,700,000 and features 7 beds, 4 baths, and has approximately 10,506 square feet of living space, and was originally constructed in 1940. The current price per square foot is $162. The average price per square foot for Single Family listings in Arroyo Grande is $807. The average listing price for Single Family in Arroyo Grande is $1,225,413. To schedule a showing of MLS#pi25170181 at 748 Garrett LN Lot 20 in Arroyo Grande, CA, contact your Outland and Associates / JoAnn Outland agent at 8054417754.
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Full-time Real Estate Broker, sold 1400+ Properties in SLO and SBC County. 40+ years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending…
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Courtesy of Invest SLO. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates / JoAnn Outland include the name of the listing broker. Neither the listing company nor Outland and Associates / JoAnn Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 748 Garrett LN Lot 20
Arroyo Grande, CA