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104 Margaret Ln
Grass Valley, CA 95945
Office Property For Sale


Executive Summary
OPPORTUNITY KNOCKS. Original owner has retired from his long standing physical therapy practice. Building is exceptionally maintained and just steps from Sierra Nevada Memorial Hospital, in the medical corridor of Grass Valley.
The building also features a legal live/work zoning designation. This flexible space is well suited for a wide range of uses including medical, dental, speciality clinics, wellness services or yoga/pilates studio. The large design includes three private trement rooms, full locker rooms with full shower facilities. Roof is newer, asphalt paraking lot was recently refinished.
Property is turn-key.
The building also features a legal live/work zoning designation. This flexible space is well suited for a wide range of uses including medical, dental, speciality clinics, wellness services or yoga/pilates studio. The large design includes three private trement rooms, full locker rooms with full shower facilities. Roof is newer, asphalt paraking lot was recently refinished.
Property is turn-key.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
3,618 SF
Building Class
C
Year Built
1990
Price
$675,000
Price Per SF
$186.57
Cap Rate
5.50%
NOI
$37,125
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,618 SF
Building FAR
1.00
Lot Size
0.08 AC
Zoning
OP GVCity
Parking
26 Spaces (7.19 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 035-340-017-000 | Improvements Assessment | $371,422 |
| Land Assessment | $95,508 | Total Assessment | $466,930 |
Property Taxes
Parcel Number
035-340-017-000
Land Assessment
$95,508
Improvements Assessment
$371,422
Total Assessment
$466,930
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