Address not disclosed, Grass Valley, CA 95945 - MLS#224107477

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$1,199,000

Est. payment - /mo

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1.14 Acres Lot

Active

Address not disclosed Grass Valley, CA 95945

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Erin Sanders

erin@folsomrealty.com +1(916) 807-0300

UPDATED:

10/15/2024 11:56 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224107477

HOA Y/N No

Originating Board MLS Metrolist

Year Built 2000

Lot Size 1.140 Acres

Acres 1.14

Property Description

One of four industrial condominium units comprising a +-23,000 SF complex situated on a 1.14 acre common parcel. Units 3 is 9,000 SF consisting of approximately 50% high bay warehouse with 26' ceilings and 2 large roll-up doors, and 50% office/R&D space. This modern concrete tilt-up building was constructed in 2000 and received a new roof in 2021. Unit 3 is currently divided into two rentable areas (but could easily function as one space as well): 1) a 1600 SF high bay manufacturing space with a long-tenured month-to-month tenant at a rent 40% below market; and 2) a 7,400 SF space occupied by a manufacturing/engineering firm that will be leaving the building at year end after a 20-year stint; creating an exciting opportunity for an owner/user buyer to acquire and occupy a facility with both rental income and future expansion capability. The property is poised to benefit from windfall appreciation upon completion of the nearby Dorsey Marketplace Shopping Center and the planned extension of Spring Hill Drive up to Dorsey Dr.

Location

State CA

County Nevada

Area 13105

Direction Highway 49 to Idaho Maryland to Spring Hill

Location Details Business Park,Freeway Nearby,Restaurant Nearby,Hospital Nearby,Shopping Nearby,Hotel/Motel Nearby,Industrial Area,Warehouse

Interior

Heating Roof Package Joint, Gas, MultiZone, Natural Gas, Other

Cooling Evaporative Cooler, MultiUnits, Roof Package Joint

Flooring Varies by Unit

Exterior

Garage Common Area Assigned, Street

Utilities Available Internet Available, Other, Natural Gas Connected

Water Access Desc Irrigation District,Public

Roof Type Other

Total Parking Spaces 23

Building

Sewer Public Sewer

Water Irrigation District, Public

Others

Senior Community No

Tax ID 009-201-049-001

Special Listing Condition None

Listed by Highland Commercial, Inc.

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Erin Sanders

Broker | CA DRE#01973946

+1(916) 807-0300

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Erin Sanders

Address not disclosed Grass Valley, CA 95945

Erin Sanders

Key Details

Location

Interior

Exterior

Building

Others

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