13355 Nevada City Ave, Grass Valley, CA
Industrial for Sale - $2,250,000 - 29,694 Sq. Ft. on 49299.44 acres
Property Info
| CIMLS# | 710805 |
| Location 13355 Nevada City Ave Grass Valley CA 95945 | |
| Updated | May 14th, 2014 |
| Type | Industrial |
| Price | $2,250,000 |
| Building | 29,694 Sq. Ft. |
| Land | 49299.44 acres |
Property Description
The offering consists of a +-29,694 SF fully insulated manufacturing building on a 2.82 acre corner parcel 2 blocks from the Nevada County Airport in the Loma Rica Industrial Park. Originally constructed in 2000, a nearly $1 million renovation was completed in 2010 bringing in 3000 amp power service, new lighting and HVAC systems, +-3,400 SF of ground level conditioned office/R&D area, new restrooms, shipping/receiving and parts storage area, and +-2,350 SF of mezzanine office space. The building has 5 dock high loading doors, 1 ground level door and clear heights ranging from 18'-23'. The owner-occupant will vacate upon sale. The building was originally designed so that it could be expanded to 50K SF on the adjacent +-2 acre parcel, which is now under separate ownership, but still potentially available. At only $76/sf, this rare building is priced significantly below replacement cost and represents an extraordinary opportunity for an owner-user to acquire a like-new facility with potential expansion capability.
Location Description:
Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento. The Nevada County economy has effectively transformed from mining & forestry to vibrant high-tech and tourist based industries. County-wide school test scores are some of the 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:
>> $1 million renovation in 2010!
>> 2000 Amp power supply.
>> Large 2.8 acre corner parcel with great parking.
>> 5 dock high loading doors.
>> Expansion potential on adjacent parcel (sold separately).
* Email for additional photos
Financials
Cash or new 3rd party financing.
Sales Info:
>> Commision split: 2.5%