Industrial•Flex Space•For Sale or Lease

964 Golden Gate Terrace, Grass Valley, California 95945

Sale Price $825,000
Lease Rate $10.20 /SqFt MG
Zoning M-1 (Lt. Industrial)
Class B
Status Existing
Year Built 1985
Stories 1
Vacancy 22%
Gross Bldg 5,740 SqFt
Total Avail 10,230 SqFt
Avail 5,740 to 0 SqFt
Land Area .41 Acres
Ceiling Height 10.0 Ft
Drive In Doors 2
Improvements .41 acre rectangular shaped parcel with a short upslope from the street to a flat upper level. The property enjoys coveted M-1 "Light Industrial" zoning, allowing maximum flexibility of uses including manufacturing, warehousing, schools, automotive, service retail, office, medical and more.
Market Grass Valley
Sub-Market Western Nevada County
Highly sought-after freestanding office/warehouse building of 5740 SF with coveted M-1 (lt. industrial) zoning allowing generous flexibility of uses. Conveniently located 3/4 mile from Highways 49 & 20 in between the two major intersections of Brunswick and Idaho-Maryland Roads. Constructed in 1985 to allow for two separate businesses of roughly 3000 SF each, separated by a 2-hour firewall; however, the building also functions very well for a single-user. Two grade-level roll-up doors and minimal columns add to flexibility of use. 3 phase power and fixed wireless broadband. There is currently one tenant of +-1250 SF on lease through May 2020 @ $1100/mo, who would be interested in extending if possible. Available for lease or purchase. Highly sought-after freestanding office/warehouse building of 5740 SF with coveted M-1 (lt. industrial) zoning allowing generous flexibility of uses. Conveniently located 3/4 mile from Highways 49 & 20 in between the two major intersections of Brunswick and Idaho-Maryland Roads. Constructed in 1985 to allow for two separate businesses of roughly 3000 SF each, separated by a 2-hour firewall; however, the building also functions very well for a single-user. Two grade-level roll-up doors and minimal columns add to flexibility of use. 3 phase power and fixed wireless broadband. 4490 - 5740 SF available (see floorplan). Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe & Sacramento. Located below the snow line & above the fog for the perfect 4-season climate. Within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacto & UN Reno) & 2 intl. airports (Sacto & Reno). Nevada County’s economy has effectively transitioned from mining/logging/construction to video tech, digital media & other high-tech industries, balanced by national-caliber arts & entertainment sectors. With superb schools & multiple national awards relating to unbeatable quality of life, the region continues to attract residents & businesses from nearby Sacramento & the Bay Area. The subject property is strategically located only 3/4 miles from Highways 49 & 20, directly between the two major highway interchanges at Brunswick and Idaho Maryland Roads, and adjacent to the massive newly approved mixed-use Loma Rica Ranch development, which will further bolster this area as "THE" location in Grass Valley.
  • Freestanding flex building of +-5740 SF on .41 acre site.
  • "M-1" light industrial zoning.
  • Multi-tenant or single use building. Current income.
  • Ample on-site and street parking.
  • Two grade level roll-up doors.
  • Flexible-use office/warehouse/manufacturing building.
  • 2 grade-level roll-up doors.
  • 12' clear shop ceilings w/ 9' drop ceilings in office area.
  • Current tenant rents 1250 SF through May '20 & desires renewal if possible.
  • 3 Phase power

2 Spaces

4,490 SqFt
$10.20 MG
A
5,740 SqFt
$10.20 MG
Entire Building
6/1/2020
2/5/2020 10:57:31 PM 2/25/2020 8:14:43 PM
Lock Richards
President/Broker
Sperry Commercial Global Affiliates - Highland Commercial
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