2115 Willow Road, Arroyo Grande

$3,350,000

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1.86

Acres

About 2115 Willow Road

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.

Features of 2115 Willow Road

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

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

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

Additional Information

Date Listed May 10th, 2021
Days on Market 1108
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentStephen Mccarty
OfficeMcCarty Davis, Inc.

Listing Map

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