Tucker Commercial, in cooperation with Diablo Pacific, is pleased to present 112 Nevada City Highway, a two-building office campus totaling 7,907 square feet on 1.09 acres within the Nevada City limits. The property is offered at $1,100,000, or $139 per square foot, and is delivered vacant.
The campus consists of Building A (4,979 SF) and Building B (2,928 SF), each currently configured as two units, with a separate exterior entry to each unit. Both are single-story masonry block buildings with metal roofs, built in 1990, on a landscaped site with 35 surface parking spaces. Building B is fully improved open-plan office. In Building A, finishes and fixtures were removed for a remodel, allowing a buyer to customize the space for its own use: framing, drywall, lighting, ceiling grid, ceiling tile and HVAC are in place, and flooring, restroom fixtures and finishes remain. Multiple electrical meters in Building A allow it to be demised into as many as four units.
The property sits at the four-way intersection of Nevada City Highway, Ridge Road, Zion Street and Gold Flat Road, the principal crossroads of the Seven Hills Business District, less than a one-minute drive from the Gold Flat on- and off-ramps to Highway 20/49 and within five minutes of downtown Nevada City and downtown Grass Valley.
Because the campus is delivered vacant, an owner-user may occupy the full campus, occupy one building and lease the other to offset the cost of ownership, or occupy a single unit and lease the balance. An investor may complete Building A, demise as needed and lease the campus to stabilization at market rents.