974 Griffin St | Image 1
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$2,200,000

A year ago

0 Bed

0 Bath

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MLS® SC24254186

  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 402
Approx. Age 1995
MLS® Number SC24254186

Property Address: 974 Griffin St, GROVER BEACH, CA, 93433

Average square foot calculated using Size range provided by listing agent.

Description

Four industrial buildings totaling over 14, 000 sqft located on a drive-thru lot with double frontage in an active industrial business area. Two smaller buildings are owner-occupied and will lease back. A third building is partially occupied on a month-to-month basis at $3, 375 per month. The fourth building is approximately 5, 000 sqft and fully leased on a three-year term at $6, 050 per month. Features include 3-phase power and a flexible layout. Estimated CAP Rate is 5.5% with the potential for up to 7.6%. Excellent opportunity for investors or owner-users seeking both income and functionality in an established commercial corridor. ***Neighboring parcel at 978 Griffin is also available and offered at $500, 000 with the concurrent sale of this property if additional space is needed.
MLS® NumberSC24254186
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1995
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

Other

Dec 27, 2024List Date
$2,200,000List Price
-End Date
Not Sold YetSold Price

For Rent

Feb 1, 2026List Date
$18,087List Price
  • Commute

Commute

Starting Address
Destination Address
974 Griffin St, GROVER BEACH, CA

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