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Attractive coastal real estate at the corner of Highway 1 and West Grand Ave. in Grover Beach, CA. Seller is an experienced operator and is willing to sign a 5 year lease-back upon close of escrow at 6% cap rate, which is a great opportunity to collect rent while developing long-term plans for a higher and better use.
Property Information
- Sale Price: $2,300,000.00
- Parcel Size: Two parcels totaling +/-40,000 SF
- Building Size: Three building totaling +/-6,000 SF
- APN: 060-203-003 & 060-203-006
- Zoning: CVS
