Two of four industrial condominium units comprising a +-23,000 SF complex situated on a 1.14 acre common parcel. The subject condos - Units 3 & 4 - total +-13,576 SF, representing approximately 61% of the entire complex. This modern split-level concrete tilt-up building was constructed in 2000 and received a new roof in 2021. The functional layout includes +-4,424 SF of high bay warehouse/manufacturing space with two large truck doors and 26' ceilings, and +- 9,152 SF of low bay office/R&D space split equally between the ground floor and upper level. The property is currently fully leased to 3 tenants; however, High Sierra Electronics, occupying +-7,400 SF, will be leaving the building at year end after a 20-year stint, creating an exciting opportunity for an owner/user buyer to acquire and occupy a new facility with healthy rental income (+-$6,700/mo.) from the two remaining tenants as well as future expansion capability. The property should benefit from windfall appreciation upon completion of the nearby Dorsey Marketplace Shopping Center and the extension of Spring Hill Drive up to Dorsey Dr.
MLS #
ME224097190
MLS Source
MetroList Services, Inc.
Days on Site
82
# Buildings / # Units
0
Loading Facility
DoorTruck, DoorDriveIn
Parking Spaces
41
Utilities
Natural Gas Available, Other, Water - Public
Flooring
Varies by Unit
Cooling
Evaporative Cooler, Multi Units, Roof Package - Joint
Heating
Gas, Gas - Natural, Heating - 2+ Zones, Other, Roof Package - Joint
Roof
Other
Sewer
Public Sewer
Water
Public
Zoning
M-1
# Buildings | # Leased Units | # Total Units |
---|---|---|
0 | – | – |
Address Is Not Disclosed is a Commercial Sale in Grass Valley, CA 95945. This 13,576 square foot property sits on a 1.14 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,750,000 and was built in –.
This address can also be written as Address Is Not Disclosed, Grass Valley, CA 95945.©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of September 01, 2024. For the most current information, please contact Lachlan Richards, (530) 470-1740