About 748 Garrett Lane
Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/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 industrial/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.
Features of 748 Garrett Lane
| MLS® # | PI25170191 |
|---|---|
| Price | $1,700,000 |
| Bedrooms | 4 |
| Bathrooms | 5.00 |
| Acres | 1.42 |
| Year Built | 1940 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 748 Garrett Lane |
|---|---|
| Area | AG Mesa |
| City | Arroyo Grande |
| County | San Luis Obispo |
| Zip Code | 93420 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected, Propane |
|---|---|
| Parking Spaces | 10 |
| Parking | Driveway Level, Driveway, Garage, Paved, Private, Asphalt, RV Access/Parking, RV Potential, Workshop in Garage |
| # of Garages | 4 |
| Garages | Driveway Level, Driveway, Garage, Paved, Private, Asphalt, RV Access/Parking, RV Potential, Workshop in Garage |
| View | Hills |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | All Bedrooms Down, Bedroom on Main Level |
|---|---|
| Appliances | Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater |
| Heating | Central |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | Back Yard, Corner Lot, Rectangular Lot, Sloped Up, TwoToFiveUnitsAcre, Value In Land |
|---|---|
| Roof | Shingle |
Additional Information
| Date Listed | July 8th, 2025 |
|---|---|
| Days on Market | 89 |
| Zoning | IND |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Chelsea King |
|---|---|
| Office | Invest SLO |