Coldwell Banker Commercial Grass Roots is pleased to present 117 New Mohawk, a 10,098 SF, elevator-served, multi-tenant office building offered at a steep discount—just $95/SF, nearly 70% below replacement cost.
Strategically positioned within a five-minute drive of Downtown Nevada City, Grass Valley, and the Brunswick Basin, this two-story building offers flexible LI-PD zoning for office, industrial, or R&D uses. Built in 1986 and fully sprinklered, the property sits on a .95-acre parcel with secure garage parking (~15 stalls) and additional surface parking.
Currently 50% occupied, the entire second floor (5,048 SF) is under a new 5-year lease (executed Feb 2025), generating $6,344.31/month. The remaining ground-floor space (5,048 SF across four separately metered suites) is ideal for lease-up or owner occupancy—each suite is under 2,000 SF, the most in-demand size in the local market.
The sale also includes the adjacent .76-acre LI-PD zoned parcel at 113 New Mohawk, ideal for expansion, industrial development, or added parking/storage (with city approval).