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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0BEDS
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0.78ACRES
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0BATHS
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01/2 BATHS
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2,172SQFT
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$267$/SQFT
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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