Property Listing No Longer Available for Sale

11996-12002 Charles Drive, Grass Valley, CA

Industrial for Sale - $799,000 - 7,864 Sq. Ft.


Property Info

CIMLS#456668
Location
  11996-12002 Charles Drive
  Grass Valley CA 95945
UpdatedJuly 12th, 2014
TypeIndustrial
Price$799,000
Building7,864 Sq. Ft.

Property Description

Four contiguous 1750sf high-bay industrial condo units (one with 864sf of beautiful corner-view office space) totaling +-7864sf, which can efficiently accommodate one or two separate businesses. These units occupy the best front corner location in the entire 50,000+ SF project, and come complete with 4 grade level truck doors and a rare loading dock. Two of the units are occupied by the seller and the other two are currently leased and earning over $25,000 gross annually. Perfect for an owner/user desirous of rental income and future expansion potential.

Location Description:

Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento and is located below the snow line and above the fog for a perfect 4-season climate. Nevada County's economy has effectively transformed from mining & forestry to vibrant high-tech and tourist based industries. County-wide school test scores are second-highest in the State. This area continues to attract residents and businesses from the nearby Sacramento and San Francisco Bay areas.

The subject property is located in the Loma Rica Industrial Park, a 250+ acre business park adjacent to the Nevada County Airport. The park is a primary employment center for Nevada County with more than 20% of all county manufacturing jobs located in this area.

Highlights:

>> Prime front corner location in 50,000+ SF project

>> 4 contiguous high-bay indust condos - 7,864 SF

>> 4 truck doors and a loading dock

>> 864 SF of custom corner view office space

>> Rare owner/user opportunity with rental income.

* Email for additional photos


Financials

Sales Info:

>> Commision split: 3.0%