14,854 sqft

$2,200,000

974 Griffin Street, Grover Beach CA, 93433

Price per sqft$148.11

Built in1995

Property size14,854 sqft

Property typeCommercial

Listed by Valerie Walla CA DRE# 02217940 with Century 21 Masters 805-853-8318

Overview

Pending

Listed Dec 27, 2024

Updated 3 weeks ago

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.

Additional information

MLS^® ID: SC24254186

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.76 Acres

Listed by Valerie Walla CA DRE# 02217940 with Century 21 Masters 805-853-8318

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 1:26 AM UTC Last Checked: 1:26 AM UTC