2115 Willow Road, Arroyo Grande

$3,350,000

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0 Bed
0 Bath
1.86 Acres
0 Garage

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: 6.6%. Proforma Cap Rate 8.7%. 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.

Essential Information

MLS® #
SC21099563
Price
$3,350,000
Bathrooms
0.00
Acres
1.86
Type
Commercial Sale
Sub-Type
Industrial
Status
Active

Community Information

Address
2115 Willow Road
Area
AG-West of Hwy 101
City
Arroyo Grande
County
San Luis Obispo
Zip Code
93420
Senior Community
N

Lot Description

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

Additional Information

Date Listed
May 10th, 2021
Days on Market
1082

Listing Details

Agent
Stephen Mccarty
Office
McCarty Davis, Inc.
Property History
Price Reduced from $3,575,000 to $3,350,000

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Based on information from California Regional Multiple Listing Service, Inc. as of April 26th, 2024 at 3:35am PDT. 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, 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.