93420 Homes with Mixed Use Subtype

Welcome to Arroyo Grande, California, a charming city nestled in the heart of San Luis Obispo County, where the picturesque landscapes meet a vibrant community spirit. The zip code 93420 encompasses this delightful area, known for its warm climate, friendly atmosphere, and rich agricultural heritage.

Arroyo Grande boasts a unique blend of residential and commercial opportunities, particularly with homes featuring a mixed-use subtype. These properties are ideal for those looking to establish a business while enjoying the comforts of home. Imagine living above your café, workshop, or boutique, allowing for a seamless work-life balance. The mixed-use homes in this region are designed to cater to entrepreneurs and creatives alike, providing both functional living spaces and vibrant commercial potential.

The charm of Arroyo Grande extends beyond its homes. The city is renowned for its historic downtown, where you can stroll through quaint shops, savor delicious local cuisine, and participate in community events throughout the year. The nearby beaches, rolling hills, and vineyards offer a stunning backdrop for outdoor enthusiasts and wine lovers alike.

Living in the 93420 zip code means embracing a lifestyle that combines the tranquility of suburban living with the excitement of entrepreneurial opportunities. Whether you’re looking to start a new venture or simply enjoy the laid-back California lifestyle, Arroyo Grande’s mixed-use homes provide the perfect canvas for your dreams. Explore this enchanting area and discover the endless possibilities that await you in Arroyo Grande!

Newest 93420 Homes with Mixed Use Subtype

$1,280,000

SC26070309 MLS ⋅ Active Status

This prime mixed-use investment opportunity is located on the main commercial corridor of Arroyo Grande. The property spans approximately 6,000 square feet and boasts a strong mix of residential and commercial units, with 100% occupancy, ensuring immediate and stable cash flow. It is ideally situated with excellent visibility, easy access to Highway 101, and ample on-site parking. The property is surrounded by established businesses, including Nova Coffee and Adventist Health. Offered at $1,280,000 with a 8.10% cap rate, this is a turnkey asset in one of the Central Coast’s most sought-after locations.

1140 -1148 E Grand Avenue, Arroyo Grande

$1,499,000

PI26067088 MLS ⋅ Active Status

1/2-acre Mixed-Use property with 3 residential units and 1 commercial unit located directly off Grand Ave in the heart of Arroyo Grande. Property is a long strip 70 ft wide and the length of a football field. At the front of the property, directly across the street from Starbucks, is a 350 sq ft commercial building with paver parking lot. This space has been freshly refinished and can potentially be utilized for a wide range of businesses activities including retail, food & beverage, office space, personal services, or even lodging. Heading up the driveway are 3 residential units, each with their own dedicated parking and patio areas. The front home is a 2 bedroom 1 bath unit and overlooks a private fenced front yard. It has a stacked washer/dryer setup in the bathroom. The back 2 units are both 1 bedroom 1 bath and have been fully refinished with all new cabinets, counters, flooring, fixtures, tile showers, etc. They share a common laundry room that is accessed from each of their respective covered patios. The 3 residences are currently rented for $7,700 per month, and the commercial space is estimated to be able to rent for $2,300 per month, bringing the total gross rents possible on existing units to approximately $10,000 per month. The back 1/4-acre of the property feels like it could be its own lot, and largely represents a blank slate for the new owner. Currently it includes a large gravel parking area and a small bonus structure with wrap around lanai. There are RV hookups and a large yard with lots of storage. The top part of the property has ground level ocean views and could potentially be built out with a new single family home or multiple additional rental units. Seller says 3 ADUs at back of property are doable vs building a large multi-family structure (buyer to confirm with city). Alternatively the back 1/2 of the property could be utilized to support one's business ventures, by building a shop or storing equipment, as the zoning allows for many potential uses in addition to the existing residences. This is a must see to appreciate kind of property! The back half is set back far enough from Grand Ave that you actually get a great sense of quiet, peacefulness and privacy while maintaining the central in-town feel and convenience. One could potentially come setup their RV and build a downtown ocean-view primary home in the back while letting the existing cash-flowing rentals in the front pay the mortgage bill.

1220 1218 E Grand Avenue, Arroyo Grande

$1,499,000

4 Beds ⋅ 4 Baths ⋅ PI26063326 MLS ⋅ Active Status

1/2-acre Mixed-Use property with 3 residential units and 1 commercial unit located directly off Grand Ave in the heart of Arroyo Grande. Property is a long strip 70 ft wide and the length of a football field. At the front of the property, directly across the street from Starbucks, is a 350 sq ft commercial building with paver parking lot. This space has been freshly refinished and can potentially be utilized for a wide range of businesses activities including retail, food & beverage, office space, personal services, or even lodging. Heading up the driveway are 3 residential units, each with their own dedicated parking and patio areas. The front home is a 2 bedroom 1 bath unit and overlooks a private fenced front yard. It has a stacked washer/dryer setup in the bathroom. The back 2 units are both 1 bedroom 1 bath and have been fully refinished with all new cabinets, counters, flooring, fixtures, tile showers, etc. They share a common laundry room that is accessed from each of their respective covered patios. The 3 residences are currently rented for $7,700 per month, and the commercial space is estimated to be able to rent for $2,300 per month, bringing the total gross rents possible on existing units to approximately $10,000 per month. The back 1/4-acre of the property feels like it could be its own lot, and largely represents a blank slate for the new owner. Currently it includes a large gravel parking area and a small bonus structure with wrap around lanai. There are RV hookups and a large yard with lots of storage. The top part of the property has ground level ocean views and could potentially be built out with a new single family home or multiple additional rental units. Seller says 3 ADUs at back of property are doable vs building a large multi-family structure (buyer to confirm with city). Alternatively the back 1/2 of the property could be utilized to support one's business ventures, by building a shop or storing equipment, as the zoning allows for many potential uses in addition to the existing residences. This is a must see to appreciate kind of property! The back half is set back far enough from Grand Ave that you actually get a great sense of quite, peacefulness and privacy while maintaining the central in-town feel and convenience. One could potentially come setup their RV and build a downtown ocean-view primary home in the back while letting the existing cash-flowing rentals in the front pay the mortgage bill.

1220 1218 E Grand Avenue, Arroyo Grande

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