900 E Main St - Medical FOR SALE


Grass Valley, CA 95945
$3,295,000 USD
407-312-0308
900 E Main St, Grass Valley, CA for Sale
$3,295,000 USD
Medical - FOR SALE
1/18
null | Request Cap Rate

900 E Main St
Grass Valley, CA 95945


HIGHLIGHTS

  • Strong cash-flow and diversified rent roll with value-add opportunity, or owner user. Possible Owner Financing.
  • Prime location close to Sierra Nevada Memorial Hospital, Sierra College and historic downtown.
  • Three-story, 23,130 SF elevator-serviced, fiber-lit building, and networked throughout.
  • Favorable and flexible NC-FLEX Zoning allows for future use: Multifamily, Hospitality, Mixed Use & much more.
  • Reliable power located on the hospital power grid with secure underground parking and 21 individual storage units.
  • Centrally located 50 minutes to the Sacramento airport and 60 minutes to Lake Tahoe.

OVERVIEW

Freshly painted, beautiful, well maintained, three-story, elevator serviced, 23,130 SF multi-tenant office building centrally located in Grass Valley, California, the largest city in the western region of Nevada County, and only 64 miles from the Sacramento International Airport. The property overlooks the Nevada County Golf Course and is a short distance to Sierra College and the Sierra Nevada Memorial Hospital (0.4 miles). The Sierra Nevada Hospital is a major regional hospital owned by Dignity Health specializing in cancer care, heart and vascular care, neurological care, orthopedics, and women's health. Also known for technology and high tech manufacturing, other notable Grass Valley companies nearby include Texas Instruments, General Dynamics, Linear Technology, and many others. Extensive work and upgrades have been completed on the building, including the installation and networking of fiber throughout the building and a fully remote/automated HVAC system. Solid cash flow and diverse tenant mix. Preferential zoning:(NC-Flex) allows for a wide range of uses including hotel, retail, medical, multi-family (20 Units/Acre) , office, live/work, mixed-use & more. Tremendous opportunity for an owner-user or investment property. Possible (partial) owner financing.

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

23,137 SF Fiber-Lit Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

69

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

NC-FLEX

APN/PARCEL ID

035-360-015-000

ASK ABOUT THIS PROPERTY

Kevin GuyKEST PartnersMore Info
407-312-0308

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Kevin GuyKEST PartnersMore Info
407-312-0308

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