110 Spring Hill Dr - Manufacturing CONDO FOR SALE


Grass Valley, CA 95945
$995,000 USD
530-470-1740
110 Spring Hill Dr, Grass Valley, CA for Sale
$995,000 USD
Manufacturing CONDO - FOR SALE
1/12
null | 6.44% Cap Rate

110 Spring Hill Dr
Grass Valley, CA 95945


HIGHLIGHTS

  • Owner/user and/or investor opportunity: property fully leased to Oct. 2025.
  • 7904 SF high bay industrial with 440 SF custom office. +-$64k NOI.
  • 2400 SF additional fenced yard space.
  • Owner association maintains roof, prop. insurance and common areas.
  • 12' x 12' truck doors; 18' clear height; 100 Amp 3-phase power.

OVERVIEW

Presenting a hard to find investor or owner/user industrial property of 7,904 SF, consisting of 4 contiguous industrial condominiums functioning as one unit, with +-440 SF of custom office space and the remainder high-cube open work space served by large 12'x12' roll-up doors. The subject property is part of a +-43,000 SF complex located only 1/2 mile from Highway 49 and consisting of owners and tenants in a variety of businesses from contractors to beer making. The offered units are situated at the most spacious corner of the complex and include a 2400 SF fenced yard space including 900 SF under cover. Enjoy worry free ownership with an owner's association responsible for roof and common area maintenance. The M-1 zoning allows for today's most in-demand uses including self-storage, warehousing, manufacturing, retail, auto/RV/equipment sales, rentals & repairs, machine/cabinet shops, contractor yard, medical uses and much more. The property is fully leased until 10/31/25, providing an owner/user buyer with immediate income while planning for a move-in at lease end (or extending the existing lease as desired). In-place net operating income is approximately $64k/year.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

6.44%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Spring Hill Industrial Condos

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse, Service

TOTAL BUILDING SIZE

7,904 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

Lock RichardsHighland Commercial, Inc.More Info
530-470-1740

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Lock RichardsHighland Commercial, Inc.More Info
530-470-1740

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