Grover Beach, CA 93433,948 Huston ST
Grover Beach, CA 93433,948 Huston ST
Grover Beach, CA 93433,948 Huston ST
Grover Beach, CA 93433,948 Huston ST
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$610,000

$750,000

18.7%
Est.Price: ?

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Est. payment /mo

0.85 Acres Lot


SOLD DATE : 06/29/2021

Key Details

Sold Price $610,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SC21043598

Sold Date 06/29/21

HOA Y/N No

Lot Size 0.850 Acres

Property Description

A vacant 36,970 SF parcel in Grover Beach’s industrial/cannabis zone with approved plans is FOR SALE. Asking price is $750,000. The property has a usable square footage of approximately 22,000 SF. The owner has gone through the CUP process and has approved building permits READY TO PULL. This project is fully entitled, all that is left to do is pay for the permits and build. The plans are for a 16,125 SF building split over two stories each with 12' ceiling heights. Owner may consider Seller Financing.

Currently approved for distribution and manufacturing, however, should the Buyer want other or additional uses could this could be done with minimal effort. The city of Grover Beach is one of the most developer friendly cities on California’s central coast and they are one of the few cities that want cannabis businesses to succeed. The cannabis taxes are currently on the low end of the state at 3% for most uses and 5% for retail.

In addition to cannabis, the city of Grover Beach does allow hemp uses as well. Please contact the city of Grover Beach to discuss all possible uses.

*Information provided herein is deemed reliable, however, we cannot guarantee the accuracy of all information.

Location

State CA

County San Luis Obispo

Area Grvc - Grover Beach

Interior

Fireplace No

Laundry None

Building

Water Public

Others

Tax ID 060545038

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Lease Option, Owner May Carry

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Lease Option, Owner May Carry

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Patrick Wilkinson • Archer Wilkinson, Inc.
Bought with Bill Carpenter • Richardson Properties
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michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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