Wonderful opportunity for a cash flowing investment property. Upstairs is currently leased by a prominent hair salon that has been there 15 years, downstairs is currently vacant and was used by a prominent landscaping company for years. Owner believes the downstairs can be rented for $1300/month, currently the upstairs brings in $2220/month. A portion of the downstairs has been used as an office space and does have a full bathroom. Centrally located between Grass Valley and Nevada City. Plenty of parking on both levels. CAP rate at 6.4%. Zoned Corporate Business Park. Appx. square footage of downstairs office is 425+/- sf and unheated storage area behind the office is 570+/- sf.
MLS #
ME222143060
MLS Source
MetroList Services, Inc.
Days on Site
79
Buyer's Brokerage Compensation*
3%
# Buildings / # Units
0
Parking Spaces
0
Present Use
Mixed, Other
Utilities
Natural Gas Available, Water - Public
Flooring
Varies
Cooling
Central Forced Air, Multi Type, Window/Wall Unit
Heating
Common, Gas, Gas - Natural, Multi Type, Varies by Unit
Roof
Composition
Foundation
Combination, Pillar/Post/Pier, Slab, Concrete Perimeter and Slab
Sewer
Public Sewer
Water
Public
Zoning
CBP
Listing Agent
Kent Barber
Re/Max Gold
License #: 01495486
Phone: (530) 802-8058
Co-Listing Agent
John Renwick
RE/MAX Gold
License #: 01711090
Phone: (530) 682-3000
2611 Nevada City Hwy is a Commercial Sale in Grass Valley, CA 95945. This 2,172 square foot property sits on a 0.78 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $580,000 and was built in 1930.
This address can also be written as 2611 Nevada City Hwy, Grass Valley, CA 95945.©2023 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of November 29, 2022. For the most current information, please contact Kent Barber, (530) 802-8058