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2611 Nevada City Highway

Grass Valley, CA 95945
  • $580,000
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 222143060
$580,000
  • 0
    BEDS
  • 0.78
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,172
    SQFT
  • $267
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Wonderful opportunity for a cash flowing investment property. Upstairs is currently leased by a prominent hair salon that has been there 15 years, downstairs is currently vacant and was used by a prominent landscaping company for years. Owner believes the downstairs can be rented for $1300/month, currently the upstairs brings in $2220/month. A portion of the downstairs has been used as an office space and does have a full bathroom. Centrally located between Grass Valley and Nevada City. Plenty of parking on both levels. CAP rate at 6.4%. Zoned Corporate Business Park. Appx. square footage of downstairs office is 425+/- sf and unheated storage area behind the office is 570+/- sf.

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Metrolist MLS logo © 2023 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 2023-01-31T23:38:45.293. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.sacramentoareahomefinder.com/homes/134913963
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2611 Nevada City Highway Grass Valley, CA 95945

  • Price: $580,000
  • Status: Active
  • On Site: 73 Days
  • MLS #: 222143060
0
Beds
0
Baths
0
½ Baths
0.78
Acres
2,172
SQFT
$267
$/SQFT
1930
Built
Neighborhood:
Grass Valley
County:
Nevada
Area:
Grass Valley
Property Description
Wonderful opportunity for a cash flowing investment property. Upstairs is currently leased by a prominent hair salon that has been there 15 years, downstairs is currently vacant and was used by a prominent landscaping company for years. Owner believes the downstairs can be rented for $1300/month, currently the upstairs brings in $2220/month. A portion of the downstairs has been used as an office space and does have a full bathroom. Centrally located between Grass Valley and Nevada City. Plenty of parking on both levels. CAP rate at 6.4%. Zoned Corporate Business Park. Appx. square footage of downstairs office is 425+/- sf and unheated storage area behind the office is 570+/- sf.
Exterior Features

Construction Materials FrameWood Dock Doors 0 Foundation Pillar/Post/PierCombinationSlabConcrete Loading Off Street Lot Features Auto Sprinkler F&RLow MaintenanceFlag LotLandscape Front Num Of Floors 0 Parking Features Common Area AssignedPrivatePublicSecuredExclusiveFencedLighted Road Frontage City StreetHighway Frontage Roof Composition Total Parking Spaces 0.00 Walls SheetrockUnfinished

Interior Features

Cooling CentralWindow Unit(S)Multitype Flooring Combo Of Materials Heating CommonGasMultitypeNatural GasVaries By Unit Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 0 Retail Sq Ft 0 Warehouse Sq Ft 0

Property Features

Building Features 1 Restroom Per UnitMajor TenantUnder 12 Ft CeilingsRestroom(S)-PrivateExtra StorageFront SignSprinkler System LandscapeGas TankLandscaping Business Type Barber/BeautyOther Current Use Other Electric 200 To 400 Amp Service Income Includes Rent Lease Deposit 1000 Lease Term 11-15 Years Location NeighborhoodPublic Transportation NearbyDowntownFreeway NearbyHospital NearbyHotel/Motel Nearby Num Of Offices 0 Num Of Tenants 0 Property Condition Updated/RemodeledYard AccessibleYard FencedInterior-ExcellentYard GravelYard Paved Property Subtype Mixed Use Property Type Commercial Sale Sewer Public Sewer Special Listing Conditions None Structure Office Tenant Pays SewerGasWaterSee Remarks Utilities Above GroundTelephoneDish AntennaInternet AvailableMaster Gas MeterMaster Water MeterNatural Gas Connected Water Source Water DistrictPublic Year Renovated 0 Zoning Cbp

Metrolist MLS logo Listing provided courtesy of Re/Max Gold: . Listing information © 2023 MetroList Services, Inc.


Metrolist MLS logo © 2023 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 2023-01-31T23:38:45.293. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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