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$1,499,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 6,000 Sq. Ft.
  • 0.4178 Acres
  • Updated 13 hours ago
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This prime mixed-use investment opportunity is located on the main commercial corridor of Arroyo Grande. The property spans approximately 6,000 square feet and boasts a strong mix of residential and commercial units, with 100% occupancy, ensuring immediate and stable cash flow. It is ideally situated with excellent visibility, easy access to Highway 101, and ample on-site parking. The property is surrounded by established businesses, including Nova Coffee and Adventist Health. Offered at $1,499,000 with a 6.92% cap rate, this is a turnkey asset in one of the Central Coast's most sought-after locations.

Full Property Details for 1140 -1148 E Grand Ave

General

  • Price: $1,499,000
  • Status: Active
  • Type: Commercial
  • Source: MRMLS
  • MLS ID: SC26070309
  • Updated: 4/2/2026
  • Days on Market: 1 days
  • Added to Site: 2 day(s) ago

Interior

  • Laundry Facilities: Yes

Rooms

Other Rooms

  • Laundry: Inside

Location

  • County: San Luis Obispo
  • Driving Directions: On E. Grand between Halcyon and Brisco Rd

Structural Information

  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Building Size: 6000
  • Square Feet: 6,000
  • Year Built: 1959
  • Year Built Source: Assessor

Unit Information

  • Occupancy Rate: Occupied

Lot Features

  • Lot Size (Acres): 0.4178
  • Useable Acres: .4178
  • Lot Size (Sq. Ft.): 18,199
  • Lot Size Source: Assessor
  • Fence: Yes
  • Lot Features: Level with Street, 0-1 Unit/Acre
  • Lot Description: Level with Street, 0-1 Unit/Acre
  • Fencing (Description): Wood

Financial Considerations

  • Price Per Sq. Ft.: $249

Disclosures and Reports

  • Property ID: 77113015

Listed by Trujillo Commercial Real Estate Group, RodneyTrujillo and MelinaTrujillo

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Listing agents

— 1140 -1148 E Grand Ave —

  • RodneyTrujillo

    Trujillo Commercial Real Estate Group

  • MelinaTrujillo

805-703-0999

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1140 -1148 E Grand Ave

School District:Lucia Mar Unified School District
NameGradesDistance
Ocean View Elementary School, Arroyo Grande, CA
1208 Linda Drive, Arroyo Grande, CA 93420
K-60.3 mi
Paulding Middle School
600 Crown Hill Street, Arroyo Grande, CA 93420
7-81.6 mi
Arroyo Grande High School
495 Valley Road, Arroyo Grande, CA 93420
8-121 mi
Central Coast New Tech High School
523 North Thompson Avenue, Nipomo, CA 93444
9-128.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1140 -1148 E Grand Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/01/2026
Listed
$1,499,000
56.31%
MLS
3/11/2004
Sold
$959,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1140 -1148 E Grand Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,469
3%
$1,174,310
2%
2024
$12,074
1%
$1,151,285
2%
2023
$11,934
2%
$1,128,712
2%
2022
$11,752
—
$1,106,581
2%
2021
$11,728
1%
$1,084,884
1%
2020
$11,593
1%
$1,073,761
2%
2019
$11,508
1%
$1,052,708
2%
2018
$11,369
2%
$1,032,068
2%
2017
$11,179
6%
$1,011,832
2%
2016
$10,559
15%
$991,993
15%
2015
$9,206
9%
$860,000
8%
2014
$8,413
—
$800,000
—
2013
$8,422
—
$800,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1140 -1148 E Grand Ave

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Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Trujillo Commercial Real Estate Group, RodneyTrujillo and MelinaTrujillo

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1140 -1148 E Grand Avenue, Arroyo Grande, CA 93420 (MLS# SC26070309) is a Commercial property. 1140 -1148 E Grand Avenue is currently listed for $1,499,000 and was received on April 01, 2026. Want to learn more about 1140 -1148 E Grand Avenue? Do you have questions about finding other Commercial real estate for sale in Arroyo Grande? You can browse all Arroyo Grande real estate or contact a Coldwell Banker agent to request more information.

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