Share This Listing

Message

934 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

23,137 SF Fiber-Lit Building 900 E Main St 23,130 SF Office Building Grass Valley, CA 95945 $3,295,000 ($142.46/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Strong cash-flow and diversified rent roll with value-add opportunity, or owner user. Possible Owner Financing.
  • Three-story, 23,130 SF elevator-serviced, fiber-lit building, and networked throughout.
  • Reliable power located on the hospital power grid with secure underground parking and 21 individual storage units.
  • Prime location close to Sierra Nevada Memorial Hospital, Sierra College and historic downtown.
  • Favorable and flexible NC-FLEX Zoning allows for future use: Multifamily, Hospitality, Mixed Use & much more.
  • Centrally located 50 minutes to the Sacramento airport and 60 minutes to Lake Tahoe.

EXECUTIVE SUMMARY

Freshly painted, beautiful, well maintained, three-story, elevator serviced, 23,130 SF multi-tenant office building centrally located in Grass Valley, California, the largest city in the western region of Nevada County, and only 64 miles from the Sacramento International Airport. The property overlooks the Nevada County Golf Course and is a short distance to Sierra College and the Sierra Nevada Memorial Hospital (0.4 miles). The Sierra Nevada Hospital is a major regional hospital owned by Dignity Health specializing in cancer care, heart and vascular care, neurological care, orthopedics, and women's health. Also known for technology and high tech manufacturing, other notable Grass Valley companies nearby include Texas Instruments, General Dynamics, Linear Technology, and many others. Extensive work and upgrades have been completed on the building, including the installation and networking of fiber throughout the building and a fully remote/automated HVAC system. Solid cash flow and diverse tenant mix. Preferential zoning:(NC-Flex) allows for a wide range of uses including hotel, retail, medical, multi-family (20 Units/Acre) , office, live/work, mixed-use & more. Tremendous opportunity for an owner-user or investment property. Possible (partial) owner financing.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
23,130 SF
Building Class
B
Year Built
2003
Price
$3,295,000
Price Per SF
$142.46
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,710 SF
Building FAR
0.50
Lot Size
1.06 AC
Zoning
NC-FLEX - (NC-Flex) allows for a wide range of uses including hotel, retail, medical, multi-family (20 Units/Acre) , office, live/work, mixed-use & more.
Parking
69 Spaces (2.98 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Golf Course
  • Security System
  • Signage
  • Storage Space
  • High Ceilings
  • Air Conditioning
  • Balcony

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 3rd Floor
  • 75-3,500 SF
  • Office
  • Full Build-Out
  • 30 Days

Space is divisible to smaller configurations.

Space Size Space Use Condition Available
3rd Floor 75-3,500 SF Office Full Build-Out 30 Days

3rd Floor

Size
75-3,500 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

3rd Floor

Size 75-3,500 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Space is divisible to smaller configurations.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
035-360-015-000
Land Assessment
$446,205
Improvements Assessment
$1,190,535
Total Assessment
$1,636,740
  • Listing ID: 24534601

  • Date on Market: 7/14/2020

  • Last Updated:

  • Address: 900 E Main St, Grass Valley, CA 95945

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}