Property Listing No Longer Available for Sale

13355 Grass Valley Avenue, Grass Valley, CA

Industrial for Sale - $998,000 - 16,080 Sq. Ft. on 47916 acres


Property Info

CIMLS#456670
Location
  13355 Grass Valley Avenue
  Grass Valley CA 95945
UpdatedNovember 14th, 2014
TypeIndustrial
Price$998,000
Building16,080 Sq. Ft.
Land47916 acres

Property Description

A 16,000+ SF multi-tenant light industrial building built in 1981 & located in Grass Valley's Loma Rica Industrial Park only 2 blocks from the Nevada County Airport. The property contains six separate bays of +-2680 SF - each with a grade-level roll-up truck door. Most units have 10' high drop ceilings with full HVAC and separately metered 3 phase, 208/240V, 200 amp service, The ceiling height could be increased to +-14' by removing the drop ceilings. Within the last 3 years Seller has put about $180k into capital improvements on the building including all new roof, windows and siding! Priced to sell at an 8.8% proforma cap. SELLER WILL CARRY.

Location Description:

Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento - below the snow-line and above the fog for a perfect 4-season climate. Nevada County


Financials

Sales Info:

>> Commision split: 3.0%