112 Nevada City Hwy - Office FOR SALE


Nevada City, CA 95959
$1,100,000 USD
530-470-6090
112 Nevada City Hwy, Nevada City, CA for Sale
$1,100,000 USD
Office - FOR SALE
1/49
null | Request Cap Rate

NEW


112 Nevada City Hwy
Nevada City, CA 95959


HIGHLIGHTS

  • Two-building office campus totaling 7,907 SF on 1.09 acres within the Nevada City limits
  • Delivered vacant; occupy immediately, lease what you do not use, or lease the full campus
  • Four units: Building A at 2,130 SF and 2,850 SF; Building B at 1,500 SF and 1,428 SF
  • Multiple electrical meters in Building A allow demising into as many as four units
  • Four-way intersection of Nevada City Highway, Ridge Road, Zion Street and Gold Flat Road
  • $139 per square foot, below replacement cost, with the ability to finish to a buyer's specifications

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

112 Nevada City Highway

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,142 SF

ZONING

LB

APN/PARCEL ID

035-210-052-000

ASK ABOUT THIS PROPERTY

Tyson TuckerTucker CommercialMore Info
530-470-6090

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

Tyson TuckerTucker CommercialMore Info
530-470-6090

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