748 Garrett Lane
Arroyo Grande, CA 93420 • 7 Bed • 4 Bath • 10,506 sq.ft.

Property summary

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.

Days on market: 5

Listing updated: August 12, 2025 - 11:29:08

Property details

Property ID
PI25170181
Size
10506 sq.ft.
Home Type
Residential
Year Built
1940
Property Size
1.4205 acres
Garage
1
Levels
1
Spa
None
Patio
No
Basement
No
View
Neighborhood
Pool
None

Listed by: Chelsea King DRE #02152275 805-295-2719, Invest SLO - Pismo Coast

Source: Pismo Coast, MLS#: PI3339 Originating MLS: CRMLS

Interior information

Rooms
Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
Bathrooms
4
Kitchen
Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater
Cooling
None
Heating
Central
Flooring
N/A
Laundry
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet
$1,825,000
Property price
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-08-18 18:21:58 PST and /or other sources. 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.

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