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110 Spring Hill Drive , 10-13

Grass Valley, CA 95945
  • $1,200,000
  • STATUS: Active
  • ON SITE: 105 Days
  • MLS #: 223115490
$1,200,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,904
    SQFT
  • $152
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

Description

Great Opportunity for Investors or Owner/Users. Investors can buy these industrial condos & have the security of up to one year of seller guaranteed rental income while a new tenant can be secured. Proforma Cap Rate is 5.1. Owner/Users can enjoy 4 Industrial Condos combined into 1 unit that totals 7,904 sf. These high bay units have approximately 7,464 sf of warehouse & 440 sf of office. The warehouse has 18' high ceilings, hi-bay LED lighting , Reznor gas heaters, 3 - 12 x 12 roll up doors, fire sprinklers, 100-amp electrical service & the exclusive use of a 2,400 sf fenced outdoor yard area adjacent to the units. Potential exists to add up to 400 amps of power if needed. This opportunity is located within the city limits & close to downtown Grass Valley at 110 Springhill Drive units 10 - 13. Zoned M-1 which allows for a variety of light industrial & warehouse uses. Easy truck access & close to the freeway makes this a perfect property for your business. The property is well maintained with an Owner's Association in place to cover hazard insurance, parking lot maintenance, water, sewer, & roof. The roof was replaced approximately 2 years ago. The Owner's Assn. fees include the repayment for the roof and will decrease once the roof is paid off.

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Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-04-03T23:40:39.397. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.yubasutterproperties.com/homes/146338493
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110 Spring Hill Drive , 10-13 Grass Valley, CA 95945

  • Price: $1,200,000
  • Status: Active
  • On Site: 105 Days
  • MLS #: 223115490
0
Beds
0
Baths
0
½ Baths
0.17
Acres
7,904
SQFT
$152
$/SQFT
1989
Built
Neighborhood:
Grass Valley
County:
Nevada
Area:
Grass Valley
Property Description
Great Opportunity for Investors or Owner/Users. Investors can buy these industrial condos & have the security of up to one year of seller guaranteed rental income while a new tenant can be secured. Proforma Cap Rate is 5.1. Owner/Users can enjoy 4 Industrial Condos combined into 1 unit that totals 7,904 sf. These high bay units have approximately 7,464 sf of warehouse & 440 sf of office. The warehouse has 18' high ceilings, hi-bay LED lighting , Reznor gas heaters, 3 - 12 x 12 roll up doors, fire sprinklers, 100-amp electrical service & the exclusive use of a 2,400 sf fenced outdoor yard area adjacent to the units. Potential exists to add up to 400 amps of power if needed. This opportunity is located within the city limits & close to downtown Grass Valley at 110 Springhill Drive units 10 - 13. Zoned M-1 which allows for a variety of light industrial & warehouse uses. Easy truck access & close to the freeway makes this a perfect property for your business. The property is well maintained with an Owner's Association in place to cover hazard insurance, parking lot maintenance, water, sewer, & roof. The roof was replaced approximately 2 years ago. The Owner's Assn. fees include the repayment for the roof and will decrease once the roof is paid off.
Exterior Features

Construction Materials Block Dock Doors 0 Foundation Slab Loading 12' Roll Up DoorDrive-In Num Of Floors 0 Parking Features OpenUncovered Road Frontage City Street Roof Flat Total Parking Spaces 0 Walls Sheetrock

Interior Features

Cooling None Flooring VinylConcrete Slab Heating RadiantMultiUnitsNatural Gas Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 0 Retail Sq Ft 0 Warehouse Sq Ft 0

Property Features

Building Features Manager's OfficeClear HeightRestroom(s)-Private Business Type Other Current Use Light IndustrialLight ManufacturingWarehouse Electric 3 Phase100 Amp Service Income Includes None Lease Deposit 0 Location Freeway NearbyRestaurant NearbyShopping NearbyIndustrial AreaWarehouse Num Of Offices 0 Num Of Tenants 0 Property Condition Exterior-ExcellentYard FencedInterior-Good Property Subtype Industrial Property Type CommercialSale Sewer Public Sewer Special Listing Conditions None Structure IndustrialWarehouse Tenant Pays Other Utilities Separate Gas MeterTelephoneUnderground UtilitiesInternet AvailableNatural Gas Connected Water Source Public Year Renovated 0 Zoning M1

Metrolist MLS logo Listing provided courtesy of Coldwell Banker Grass Roots Realty: . Listing information © 2024 MetroList Services, Inc.


Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-04-03T23:40:39.397. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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422 Century Park Drive
Yuba City CA, 95991