110 Spring Hill Dr - Manufacturing CONDO FOR SALE


Grass Valley, CA 95945
$550,000-$795,000 USD
530-272-7222
110 Spring Hill Dr, Grass Valley, CA for Sale
$550,000-$795,000 USD
Manufacturing CONDO - FOR SALE
1/58
3,952-5,500 SF | Request Cap Rate

110 Spring Hill Dr
Grass Valley, CA 95945


HIGHLIGHTS

  • M-1 zoning in city limits of Grass Valley
  • low office buildout
  • favorable OA costs

OVERVIEW

110 Springhill Drive is an industrial condo project spanning 43,000 square feet. It was constructed in 1989, originally for Mountain People's Warehouse (UNFI). This project is one of the few industrial condominium projects in Grass Valley that has access to all city utilities. The property features units of varying sizes, all with grade-level loading. The property is fully equipped with sprinklers and has a professionally managed owners association. The current HOA dues are approximately $0.26 per square foot per quarter, which covers hazard insurance, parking lot, roof (which was replaced two years ago), landscaping, and other maintenance expenses. HOA fees currently include a $.13/SF/quarter surcharge for a new roof that was installed a couple of years ago; HOA fees will decrease by $.13/SF/quarter once the roof is paid off.

FOR SALE DETAILS

PRICE

$550,000-$795,000 USD

CAP RATE

Request Cap Rate

# OF UNITS

3

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Spring Hill Industrial Condos

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

40,954 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

2.84 AC

LAND SF

123,919 SF

ZONING

M1

APN/PARCEL ID

009-720-035-000,009-720-036-000,009-720-037-000,009-720-038-000

ASK ABOUT THIS PROPERTY

Tyson TuckerColdwell Banker Commercial Grass RootsMore Info
530-272-7222

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Tyson TuckerColdwell Banker Commercial Grass RootsMore Info
530-272-7222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.