Address
1740 E Main Grass Valley, CA
Price
$ 1,750,000
Property Attributes
  • MLS#20067844
  • TypeCommercial
  • CountyNEVADA
  • CityGrass Valley
  • Area13105
  • Zip95945
  • StyleOffice
  • Price$ 1,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Tyson J. Tucker CalBRE# - 01804034 with Coldwell Banker Grass Roots Realty
Data Source:
California Metrolist Inc
Property Description

Property consists of three first class office buildings, featuring 4 separate, condomiumized units across 7,781 SF. The Property was delivered in 2007, which makes it one of the newest office projects in Western Nevada County. Each space has been finished as Class A'' office with functional floorplans and top of the line finishes. Currently 100% occupied, however suite 101 will be vacated as of 1/1/2021. The Property is a one of a kind opportunity for either an investor or owner user; currently the Project's Net Operating Income is approximately $123,000 which equates to just north of a 7% cap rate. Suite 101 is highly leasable with a functional and flexible layout capable of accommodating many different uses, additionally, the in-place rent is approximately 10% below market rent, allowing an investor to increase yield by leasing the suite at today's rates.

Price History
11/10/2020 Listed $1,750,000

General Features

Building Features See Remarks
Construction Materials See Remarks
Cooling See Remarks
Flooring See Remarks
Heating See Remarks
Location See Remarks
MLS Area 13105
Parking Features Open
Property SubType Office
Property Type Commercial Sale
Roof See Remarks
Status Active
Total Units 4
Zoning Description Office

Interior Features

Office Sqft 7777
Total Stories 2

Exterior Features

Parking Ratio 0.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95945

Price
AVG $630K
$1.75M
Visits
AVG 64
58
Year Built
AVG 1971
2006
Walkscore
AVG 54
61
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.