414 E Grand, Arroyo Grande, CA 93420

$400,000
1
BD
1
BA
592
SqFt

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Sold Price
$400,000
List Price
$449,000
Closing Date
Jun 19, 2026
Days on Market
81
Status
CLOSED
MLS#
PI26041924
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
592
Lot Size (Acres)
0.15
Year Built
1936

Property Description

Positioned in the heart of Arroyo Grande’s vibrant trade corridor, this rare mixed-use property offers both immediate income and exceptional future development potential. Situated on a 0.15-acre lot along Grand Avenue—the primary artery connecting Arroyo Grande, Grover Beach, and the Pacific Ocean—the site features an existing one-bedroom, one-bath residence located toward the front of the parcel, allowing space for approximately eight on-site parking spaces. Mixed-use commercial zoning provides a wide range of possibilities for redevelopment, expansion, or live-work concepts. Just moments away, the charming Village of Arroyo Grande offers popular restaurants, boutique shopping, and a strong sense of community, further enhancing the property’s long-term value. According to City Planning, the site is well-suited for mixed-use development, making this an outstanding opportunity for investors, developers, or visionaries looking to capitalize on location, zoning flexibility, and future upside—while benefiting from rental income in the interim. Buyers are advised to verify all potential uses and development opportunities with the City of Arroyo Grande.

Additional Information

Area
West of Hwy 101 (AG)
Stories
One Level
Acres
0.15
Interior Features
Ceiling Fan(s), All Bedrooms Down
Community Features
Curbs, Sidewalks
Heating
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Robert Mariani (robert.mariani@gmail.com) from Listing Office: Mariani Realty.

Selling Office: NextHome Central Coast.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.