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- LoopNet Team
1600-1608 W Grand Ave
Grover Beach, CA 93433
For Sale: Retail/Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Price Reduction! $3,785,444 (Originally offered at: $5,200,000 | Proforma CAP: 6.11% | Proforma NOI: $354,238)
- Units: 9 Retail Spaces
- APN: 060-254-004
- Price/SF: $163.35 PSF (Originally offered at $224 PSF)
- Building Size: Approx. 23, 174 SF | Lot Size: Approx. 67,083 SF
- Parking: On-site Parking
PROPERTY FACTS
AMENITIES
- Signage
ABOUT 1600-1608 W GRAND AVE , GROVER BEACH, CA 93433
The Grand Plaza rests at the corner of W. Grand Avenue (23,486 ADT) and S. 16th Street in the heart of Grover Beach’s primary commercial corridor. The Grand Plaza’s strategic design allows it to retain its own identity while taking advantage of customer traffic from the market dominant Von’s Store (est. $50M/year sales). The well-maintained shadow center provides more-than-ample parking options, which also opens the line-of-sight to the plaza’s tenant signage. The building which runs parallel to 16th St. also boasts signage on both sides of the property, providing tenants with nearly 360-degrees of clear visibility from the street.
PROPERTY TAXES
| Parcel Number | 060-254-004 | Improvements Assessment | $2,662,782 |
| Land Assessment | $1,450,458 | Total Assessment | $4,113,240 |
PROPERTY TAXES
