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$4,800,000
437 Days On Site

998 Houston
Grover Beach, CA 93433

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
18,159
SqFt
$264
/SqFt
2004
Built
County:
San Luis Obispo
Listed by Andrew Richardson of Richardson Sotheby's International Realty [email protected]

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714-883-2943
998 Houston998 Houston998 Houston998 Houston
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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.

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Listing Snapshot
Price 
$4,800,000
Days On Site 
437 Days
Bedrooms 
N/A
Inside Area (SqFt) 
18,159 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.8516 Acres
Year Built 
2004
MLS® Number 
SC23188802
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
12 months agoStatus changed to Active
12 months agoListing updated with changes from the MLS®
a year agoPrice changed to $4,800,000
a year agoListing first seen on site
General Features
Acres 
0.8516
Additional Property Use 
See Remarks
Number Of Stories 
2
Property Sub Type 
Retail
Security 
Security System24 Hour SecurityKey Card EntrySmoke Detector(s)Security Lights
Special Circumstances 
Standard
SqFt Total 
18159
Utilities 
Cable AvailableElectricity ConnectedNatural Gas AvailablePhone ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LM
Interior Features
Cooling 
Central Air
Electric 
Photovoltaics Seller Owned
Heating 
Forced Air
Laundry Features 
None
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Exterior Features
Lot Features 
Corner LotLevelPavedRectangular Lot
Community Features
Financing Terms Available 
Cash
MLS Area 
GRVC - Grover Beach


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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