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.
MLS #
CRPI26041924
MLS Source
California Regional MLS
Days on Site
12
Bedrooms
Ground Floor Bedroom
Fireplace
None
Cooling
Ceiling Fan, None
Heating
No Heating
Pool
None
Garage/Parking
Garage: 0 Car(s)
Elementary District
Lucia Mar Unified
High School District
Lucia Mar Unified
HOA Fee
$0
414 E Grand is a Residential in Arroyo Grande, CA 93420. This 592 square foot property sits on a 6,534 Sq Ft Lot and features 1 bedrooms & 1 full bathrooms. It is currently priced at $495,000 and was built in 1936. This address can also be written as 414 E Grand, Arroyo Grande, CA 93420.
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This listing information is up-to-date as of February 25, 2026. For the most current information, please contact Robert Mariani, (805) 459-2324