Address not provided Grass Valley, CA 95945

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 c...onstructed 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. Continue reading