First-time offering of a community-favorite sports and fitness center property of almost 27,000 sq. ft. including indoor pool, spa & sauna, tennis courts, racquetball, yoga/dance/exercise/spinning/cross-fit/weight rooms,on-site cafe, professional office space and much more, all situated on a lush 4.62 acre site, with a separate 1.38 acre parcel also included for a total of 6 acres. Property currently leased on a monthly basis by "Club Sierra" (Tenant), a local operator of the facility since 2004. Tenant's lease may either be terminated to allow purchaser to use the property, or it may be renewed and extended based on terms to be agreed between purchaser and Tenant. Property is very centrally located on the "Main Street" commercial corridor with easy freeway access, city utilities including treated water, sewer and natural gas, and close proximity to both Nevada City and Grass Valley. Priced substantially below replacement value, the property includes a water well, over 110 on-site paved parking spaces, additional street parking, and the building has recently been improved with over $100k in capital improvements including new roofing. Seller financing available.

Location Description:

Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento. The region is located below the snow line and above the fog for the perfect 4-season climate. It lies within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacramento & UN Reno) and 2 international airports (Sacramento & Reno). Nevada County

Open to new financing. Seller carryback considered.

Sales Info:

>> Commision split: 2.5%