$995,000
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Address not provided Grass Valley, CA 95945
Other
Residence
Beds
Baths
7,904
Sq. Ft.
3.08
Acre
Lot
Property Activity
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Presenting a hard to find investor or owner/user industrial property of 7,904 SF, consisting of 4 contiguous industrial condominiums functioning as one unit, with +-440 SF of custom office space and the remainder high-cube open work space served by large 12'x12' roll-up doors. The subject property ...is part of a +-43,000 SF complex located only 1/2 mile from Highway 49 and consisting of owners and tenants in a variety of businesses from contractors to beer making. The offered units are situated at the most spacious corner of the complex and include a 2400 SF fenced yard space including 900 SF under cover. Enjoy worry free ownership with an owner's association responsible for roof and common area maintenance. The M-1 zoning allows for today's most in-demand uses including self-storage, warehousing, manufacturing, retail, auto/RV/equipment sales, rentals & repairs, machine/cabinet shops, contractor yard, medical uses and much more. The property is fully leased until 10/31/25, providing an owner/user buyer with immediate income while planning for a move-in at lease end (or extending the existing lease as desired). In-place net operating income is approximately $64k/year.
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MLS#
224047621
Property Type
Other
Year Built
1989
Square Feet
7,904
sq. ft
Lot Size
3.08
Sewer
Public Sewer
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