E Main St
Grass Valley, CA 95945
10+ Ac Multi-family Site-Unsupassed Location · Land For Sale
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10.75 AC
Investment Highlights
- 10.75 acres in two adjoining parcels - divisible
- Rare infill adjoining City lots with pastoral feel
- Walk to cafes, shopping, hospital, college & country club
- Combination R-3 high density zoning with additional R-1
- Centered between two major arterials providing superior access
Property Facts
Description
A 10.75 acre multi-family infill development site with unparalleled attributes including: I) Accessibility - over 1000' of E Main frontage only 1/3 mile from Highway 49 between two major intersections; II) Location - walking distance to restaurants, shopping, medical, Sierra College, hospital, country club; III) Physical - gentle upslope topography with coveted southern exposure and views - divisible; and IV) Regulatory - multi-family & single-family residential zoning in conformance with the City's General Plan. Former conceptual plans through City for 160 unit senior apartments, 5600sf community/senior center, 15 single family residential lots and an extension of Joerschke Dr into the property. All utilities to site. Site may be expanded to almost 15 acres with an adjacent +-4 ac R-3 parcel available separately for $849k.
