Courtesy of: Lachlan Richards | Highland Commercial, Inc.
Purchase Type: Sale
MLS ID: MTR20073607
Year Build: 1989
Property Type: Commercial Sale
Property Subtype: Industrial
New Construction: No
Heating: See Remarks
Swimming Pool: No
Address: 400 Crown Point Circle
City: Grass Valley
A +-16,000 SF freestanding light industrial/manufacturing building completed in 1995 and featuring dock-high and grade-level loading, a full fire sprinkler system, 1200A 440V electrical service, two mezzanine storage areas totaling +-3750 SF (not included in the 16,000 SF footprint), 16' clear height warehouse of +-6,172 SF, turbine air compressor, LED lighting and 42 on-site parking spaces, all situated on a spacious 1.8 acre parcel located in the center of Whispering Pines Business Park, the region's largest master-planned business park. Owner/user seller will vacate the building upon sale. Priced at just over $100/sf this property represents an extraordinary opportunity to acquire a rare light industrial building at a deep discount to its replacement cost, and with strong upside potential due to its location in a supply-constrained light industrial market with a vacancy rate of only +-3%. Building also available for lease to a single tenant at $.80/sf NNN.
Listing Agent: Lachlan Richards Courtesy of: Highland Commercial, Inc. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 29th June, 2021 5:33 PM