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957 Golden Gate Ter - Golden Gate Terrace 10,013 SF Sports & Entertainment Building Offered at $1,250,000 in Grass Valley, CA 95945
INVESTMENT HIGHLIGHTS
- Income Flexibility with Caretaker’s Apartment & Short-Term Lease
- 400 AMPS of Power
- Versatile Industrial Zoning (M-1)
- Exceptional Parking Capacity
EXECUTIVE SUMMARY
Coldwell Banker Commercial Grass Roots Realty is pleased to present 957 Golden Gate Terrace for sale—a 10,013 SF freestanding industrial building with caretaker’s apartment situated on a flat, one-acre parcel in the City of Grass Valley.
Constructed in 1990, the building has a metal roof and wood siding along the front façade. The roof was professionally recoated in 2019 and includes a 10-year transferable warranty, ensuring reduced maintenance obligations for the foreseeable future. The building also features 400 amps of power.
The site offers low coverage and abundant parking with 47 surface spaces (4.7/1,000 SF), significantly more than what is typically found with industrial properties of this size. The abundance of parking makes the property particularly well-suited to users with higher parking demands, including those in logistics, service-oriented operations, or light manufacturing.
The building has been used for many years as an indoor soccer facility and is currently improved with one indoor court, a viewing/lounge area, and a small retail/office space. An 1,100 SF caretaker’s apartment unit is located on the second floor and accessed independently via an exterior staircase on the east side of the building. The current occupant operates on a month-to-month lease and can be required to vacate with six (6) months’ notice.
Zoned M-1 (Light Industrial), the property allows for a wide range of industrial uses, including manufacturing, distribution, automotive, and equipment storage. In addition to its industrial potential, the building is well-positioned for continued use as a recreational or indoor sports facility due to its existing improvements and infrastructure. Few industrial properties in the area offer this level of adaptability combined with such abundant on-site parking.
This is a unique opportunity to acquire a highly functional and well-located asset within the Grass Valley industrial market.
Constructed in 1990, the building has a metal roof and wood siding along the front façade. The roof was professionally recoated in 2019 and includes a 10-year transferable warranty, ensuring reduced maintenance obligations for the foreseeable future. The building also features 400 amps of power.
The site offers low coverage and abundant parking with 47 surface spaces (4.7/1,000 SF), significantly more than what is typically found with industrial properties of this size. The abundance of parking makes the property particularly well-suited to users with higher parking demands, including those in logistics, service-oriented operations, or light manufacturing.
The building has been used for many years as an indoor soccer facility and is currently improved with one indoor court, a viewing/lounge area, and a small retail/office space. An 1,100 SF caretaker’s apartment unit is located on the second floor and accessed independently via an exterior staircase on the east side of the building. The current occupant operates on a month-to-month lease and can be required to vacate with six (6) months’ notice.
Zoned M-1 (Light Industrial), the property allows for a wide range of industrial uses, including manufacturing, distribution, automotive, and equipment storage. In addition to its industrial potential, the building is well-positioned for continued use as a recreational or indoor sports facility due to its existing improvements and infrastructure. Few industrial properties in the area offer this level of adaptability combined with such abundant on-site parking.
This is a unique opportunity to acquire a highly functional and well-located asset within the Grass Valley industrial market.
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | 009-540-062-000 | Improvements Assessment | $597,358 |
| Land Assessment | $256,009 | Total Assessment | $853,367 |
PROPERTY TAXES
Parcel Number
009-540-062-000
Land Assessment
$256,009
Improvements Assessment
$597,358
Total Assessment
$853,367
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957 Golden Gate Ter - Golden Gate Terrace
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