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748 Garrett Ln
Arroyo Grande, CA 93420
Industrial Property For Sale
Investment Highlights
- 100% Occupied Mixed-Use Asset
- Prime Industrial/Mixed-Use Zoning
- Fast Developing Community with a Plethora of Job Opportunities
- 7,464 ft² industrial/commercial space plus two residential homes
- Rent-Lift & Organic Growth
- Ample On-Site Parking
Executive Summary
Invest SLO is pleased to present 748 Garrett Lane, Arroyo Grande — Positioned on 1.42
acres in a highly accessible Arroyo Grande location, this mixed-use 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 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.
acres in a highly accessible Arroyo Grande location, this mixed-use 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 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.
Property Facts
| Sale Type | Investment | Rentable Building Area | 7,464 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Manufacturing | Year Built | 1991 |
| Building Class | C | Clear Ceiling Height | 21’ |
| Lot Size | 1.42 AC | ||
| Zoning | IND - Industrial/Mixed Use | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.42 AC |
| Rentable Building Area | 7,464 SF |
| No. Stories | 1 |
| Year Built | 1991 |
| Clear Ceiling Height | 21’ |
| Zoning | IND - Industrial/Mixed Use |
Amenities
- Yard
Property Taxes
| Parcel Number | 091-341-011 | Improvements Assessment | $642,284 |
| Land Assessment | $997,600 | Total Assessment | $1,639,884 |
Property Taxes
Parcel Number
091-341-011
Land Assessment
$997,600
Improvements Assessment
$642,284
Total Assessment
$1,639,884
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