110 Spring Hill Drive Grass Valley, CA $ 1,200,000
110 Spring Hill Drive
$ 1,200,000
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110 Spring Hill Drive

Grass Valley, CA, 95945
$ 1,200,000
Baths0.0 Sq 7,904

Monthly Estimate*

$ 8,382

110 Spring Hill Drive, Grass Valley, CA 95945 - Image 1
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Studio

Commercial Property for sale in Grass Valley, CA

for $1,200,000. This 7,904 square foot building was built in 1989 on a lot size of 0.1684.

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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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Industrial

Lot Size

0.1684

Year Built

1989

Town/City

Grass Valley

County/Region

Nevada

MLS | Web ID

223115490

Features
General
Sewer Public Sewer
Heating Radiant MultiUnits Natural Gas
Cooling None
Utilities Separate Gas Meter Telephone Underground Utilities Internet Available Natural Gas Connected
Roof Flat
Construction Materials Block
Year Built 1989
Electric 3 Phase 100 Amp Service
Tenant Pays Other
Stories 1
Topography Level
Unit Number 10-13
Property SubType Industrial
Current Use Light Industrial Light Manufacturing Warehouse
Location Freeway Nearby Restaurant Nearby Shopping Nearby Industrial Area Warehouse
Business Type Other
County Nevada
Property Type CommercialSale
Building Features Manager's Office Clear Height Restroom(s)-Private
Close Price 0.0
Status Active
Directions Property is located at the corner of Idaho Maryland Road and Spring Hill Drive. Units are in the North East corner of the building.
City Grass Valley
Buyer Agent Compensation 2.5
Zoning Description M1
Total Units 4
MLS Area 13105
Lot Size Square Feet 7336.0
Street Name Spring Hill
Property Condition Exterior-Excellent Yard Fenced Interior-Good
Structure Type Industrial Warehouse
Standard Status Active
Year Built Source Assessor Agent-Fill
Buyer Agent Compensation Type Percent
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Interior
Walls Sheetrock
Flooring Vinyl Concrete Slab 0
Office Area 440
Total Stories 0
Street Suffix Drive
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Exterior
Parking Features Open Uncovered
Water Source Public
Total Parking 0.0
Foundation Details Slab
Number of Buildings 0
Building Area Total 7904.0
Lot Size Acres 0.1684
Lot Size Source Assessor Agent-Fill
Road Frontage Type City Street
Parking Ratio 0.0
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Internal Only
Street Number 1 110
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* Excluded Features
List By
Coldwell Banker Grass Roots Realty

Broker

gregward4re@prodigy.net

Email

Affordability Calculator

$8,382
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
--
Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
295416 Elementary School
295437 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
4/8/2024 $1,200,000 -7.69% Price Down
2/13/2024 $1,300,000 -7.14% Price Down
1/3/2024 $1,400,000 Listed Price

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110 Spring Hill Drive, Grass Valley, CA, 95945 is a Commercial Property for sale at $1,200,000 with 7,904 sqft and a lot size of 0.1684. 110 Spring Hill Drive is a studio with 0.0 baths and was built in 1989. The property's zip code is 95945 which is in Grass Valley, CA