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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

414 E Grand, Arroyo Grande – $495,000

  • 1 Bed
  • 1 Bath
  • 592 Sqft
  • .15 Acres
  • 1 Bed
  • 1 Bath
  • 592 Sqft
  • .15 Acres

414 E Grand

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.

Essential Information

  • MLS® #PI26041924
  • Price$495,000
  • Bedrooms1
  • Bathrooms1.00
  • Full Baths1
  • Square Footage592
  • Acres0.15
  • Year Built1936
  • TypeResidential
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address414 E Grand
  • AreaAG-West of Hwy 101
  • CityArroyo Grande
  • CountySan Luis Obispo
  • Zip Code93420

Amenities

  • ViewNone
  • PoolNone

Interior

  • HeatingNone
  • CoolingNone
  • FireplacesNone
  • # of Stories1
  • StoriesOne

Interior Features

Ceiling Fan(s), All Bedrooms Down

Exterior

  • Lot DescriptionZeroToOneUnitAcre

School Information

  • DistrictLucia Mar Unified

Additional Information

  • Date ListedFebruary 23rd, 2026
  • Days on Market4

Listing Details

  • AgentRobert Mariani
  • OfficeMariani Realty
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Robert Mariani, Mariani Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of February 28th, 2026 at 11:20pm PST. 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.