One of six "tentative map approved" commercial lots ranging in size from .42 to 1.58 acres. This .88 acre parcel may be combined with adjacent lots creating up to a 6.14 acre developable site. See pricing chart for all lots. The property has highly coveted C-2 commercial zoning allowing for retail, hotel, mixed-use multi-family, school, offices and more. Formerly home to national building supply store Meeks Lumber & Hardware. This paved and fenced parcel was used for lumber yard space. The property is located in the Glenbrook/Brunswick Basin, the busiest commercial hub in Nevada County. The 2011 Buxton Report on retail potential commissioned by the City identified over $200m in regional retail sales leakage to outside areas, making these new lots highly desirable in a severely supply constrained market. Extended escrow period of approximately 6 months required to allow for completion of on- and off-site subdivision improvements and final mapping. This property is currently In-Escrow!

Location Description:

Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento. The area is located below the snow line and above the fog for a perfect 4-season climate. Nevada Countys economy has effectively transformed from mining & forestry to vibrant high-tech and tourist based industries. This area continues to attract residents and businesses from the nearby Sacramento and San Francisco Bay areas. The Brunswick/Glenbrook Basin is the most active commercial hub in the City of Grass Valley, lying on both sides of Highway 49 at the Brunswick Road exit adjacent to Nevada City. The area contains 3 anchored centers with tenants including Safeway, SaveMart, CVS, RiteAid, Walgreens, Staples, and various national banks & fast food eateries.

Highlights:

>> Commercial parcel in 6-lot tentative map subdivision.

>> High demand retail market with severe supply constraints

>> Additional lots available totaling over 6 acres.

>> Located in Grass Valley's busiest commercial hub.

>> Easy and convenient cul-de-sac entry.

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Sales Info:

>> Commision split: 2.5%