16282 Mount Olive Road, Grass Valley, CA

Retail for Sale - $795,000 - 5,655 Sq. Ft. on 1.26 acres


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Agent Info

NameLock Richards
CompanyHighland Commercial

Property Info

CIMLS #973618
Location16282 Mount Olive Road
Grass Valley CA 95945
Last UpdatedFebruary 6th, 2018
TypeRetail
Price$795,000
Building5,655 Sq. Ft.
Land1.26 acres
DemographicsView data

Contact


Property Description

A complete 2010 foundation-to-roof renovation of the +-5,655 SF historic Pacific Fruit Exchange Building, originally built in 1930 and located in the unincorporated community of Chicago Park, only 1 block and visible from Highway 174, which connects Grass Valley/Nevada City to Interstate 80 at Colfax. The main floor of +-4286 SF is currently occupied by Elegant Salvage furniture who will vacate upon sale. The lower level, a beautiful commercial space of +-1369 SF, is currently rented monthly at $825. Flexible "C1" (neighborhood comm.) zoning allows multiple uses including live/work, nursery, restaurant/bar, fitness, feed store, winery, medical, office, church, school, retail and limited industrial. This is a trophy, pride-of-ownership building deserving of a special use!

Location Description:

Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe & Sacramento. Located below the snow line & above the fog for the perfect 4-season climate. Within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacto & UN Reno) & 2 intl. airports (Sacto & Reno). Nevada County’s economy has effectively transitioned from mining/logging/construction to video tech, digital media & other high-tech industries, balanced by national-caliber arts & entertainment sectors. With superb schools & multiple national awards relating to unbeatable quality of life, the region continues to attract residents & businesses from nearby Sacramento & the Bay Area. Chicago Park is an unincorporated historic agricultural community with its center at the intersection of Mt. Olive Road and Hwy 174. It is about 9 miles southeast of Grass Valley and about 3 miles north of Colfax.

Highlights:

>> 2010 "studs-up" renovation - like new building!

>> Own a Nevada County Historical Landmark!

>> Highway 174 visibility.

>> Easy access from Grass Valley and Colfax.

>> Two or more separate rentable areas.

>> On-site parking with loading dock.

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