Active

2115 Willow Road

Arroyo Grande CA, 93420

$3,350,000


$279.17 per sqft

Active

12,000 sqft

Commercial

Listed by Stephen McCarty with McCarty Davis, Inc. 805-543-1801

Leased Investment for sale: +/- 12,000 sq. ft. warehouse building. 81% leased ( 4 tenants and 1 vacancy of +/- 2,275 sq. ft.). Total site is +/-1.86 acres. Zoning: Industrial. Located in the County of San Luis Obispo. Sale Price: $3,350,000 ($280 sq. ft.). Current Cap Rate: 8.4%. Proforma Cap Rate 9.4%. Large lot size could allow for additional building space to be constructed. Current site coverage 15%. Water well on-site. Inquire for rent roll and more information.

SC21099563

MLS ID

May 10, 2021

Listed

February 16, 2024

Updated

Map

2115 Willow Road
Arroyo Grande CA, 93420

Interior Features

Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.86 Acres


Lot Features

2-5 Units/Acre, Lot Over 40000 Sqft, Yard

Other Property Details

Area Name

AG-West of Hwy 101


Days on Market

971


Garage

No


View

No


County

San Luis Obispo


Water Source

Private


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

9/6/2023

Price Change

$3,350,000

-7%

Listing Contact: 805-543-1801 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 2/16/2024 at 6:21 AM UTC

 

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