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Land for sale including Commercial Property in Arroyo Grande California

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$2,150,000 0.72 acres
775 El Camino Real, Arroyo Grande, CA 93420 - San Luis Obispo County

0.72 acres Arroyo Grande, CA

Redevelopment opportunity with two (2) lots located at a signalized on/off ramp at HWY 101 and Halcyon Boulevard in Arroyo Grande. Property is situated on a hard corner with great visibility. Highway Mixed Use (HMU) zoning allows for a wide variety of retail, commercial, auto, and general business uses. All public utilities including water, sewer, natural gas, electricity, telephone and cable serve the property. Two existing short-term leased buildings on the property are receiving $4,050 per month gross.