Property Listing No Longer Available for Sale

310 Providence Mine Road, Nevada City, CA

Office for Sale - $5,900,000 - 29,509 Sq. Ft. on 49299.44 acres


Property Info

CIMLS#801174
Location
  310 Providence Mine Road
  Nevada City CA 95959
UpdatedJuly 9th, 2015
TypeOffice
Price$5,900,000
Building29,509 Sq. Ft.
Land49299.44 acres

Property Description

A like-new +/-30,000 SF two-story multi-tenant office building 100% net-leased to three tenants and professionally managed with minimal landlord responsibilities. This building has enjoyed stabilized occupancy since its completion in 2007 due to its harmonious design with its surroundings, quality construction, flexible floorplans, inspiring interior spaces, and superior location. Tenants include: Pace Americas, the global market leader of pay TV set-top boxes; Teranex/Black Magic Design, a world leading designer/manufacturer of creative video technology; and Best Sanitizers, a division of a global leader in hand hygiene and food sanitation.

The property is situated on the "gateway" parcel of the area's most dynamic business park - the "Nevada City Tech Center" (NCTC). This park totals 109 beautifully forested acres with approximately one-half of its planned 420,000 square feet currently built-out. In 2016 construction will start on the Tech Center's residential component which comprises 59 homes ranging from executive properties on large lots to smaller clustered starter homes. The property enjoys unparalleled amenities including an extensive pedestrian trail network, basketball/bocceball courts, picnic/meeting grove, gigabit internet service, and walk-to-town location. Within walking distance are cafes, shops, breweries, lodging, health clubs, medical offices, housing and schools, as well as historic Downtown Nevada City. Tenants value NCTC as the ideal live, work & play environment.

Location Description:

310 Providence Mine Road, "The Pace Building" is located in Nevada City in the heart of California's "Gold Country". Positioned in the Sierra Nevada Foothills just above Sacramento and below Lake Tahoe, Nevada City enjoys the perfect 4 season climate above the fog and below the snow. The building occupies the preeminent parcel in the area's leading-edge mixed-use business park - the "Nevada City Tech Center". The park is situated only one-quarter mile from Highways 49 & 20 and only about 1 hour's drive from the Sacramento International Airport. Shopping, restaurants, breweries, lodging, housing, health clubs and schools are all within walking distance of the property.

Nevada County


Financials

Open to new financing.

Sales Info:

>> Commision split: 2.0%