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. Featuring strategic corner placement for maximum visibility, proximity to the ocean, a 7.75% 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 $5,100,000.
Property Details
Price:
$4,800,000
MLS #:
SC23188802
Status:
Active
Baths:
0
Address:
998 Houston
Type:
Commercial
Subtype:
Retail
Neighborhood:
grvcgroverbeach
City:
Grover Beach
Listed Date:
Oct 16, 2023
State:
CA
ZIP:
93433
Year Built:
2004
See this Listing
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
More About JamesMortgage Calculator
Schools
Interior
Cooling
Central Air
Heating
Forced Air
Exterior
Electric
Photovoltaics Seller Owned
Security Features
24 Hour Security, Card/ Code Access, Security Lights, Security System, Smoke Detector(s)
Stories Total
2
Water Source
Public
Financial
Buyer Agent Compensation
2.000
Utilities
Cable Available, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
Map
Community
- Address998 Houston Grover Beach CA
- AreaGRVC – Grover Beach
- CityGrover Beach
- CountySan Luis Obispo
- Zip Code93433
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Courtesy of Richardson Sotheby’s International Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.998 Houston
Grover Beach, CA
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