970 E Main St - Office FOR SALE


Grass Valley, CA 95945
$2,400,000 USD
619-909-0681
970 E Main St, Grass Valley, CA for Sale
$2,400,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

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970 E Main St
Grass Valley, CA 95945


HIGHLIGHTS

  • Potential owner-user opportunity with SBA 504/7a financing eligibility
  • Strong local tenancy and minimal day-to-day management requirements
  • Located in Nevada County’s government and medical services hub
  • Ample on-site parking with professional landscaping and signage
  • Excellent visibility and access from East Main Street, a major commercial corridor

OVERVIEW

±14,229 SF two-story office building on ±1.32 acres across two APNs (35-360-08 & 35-360-09) ±9,930 SF net rentable area 92% leased: five tenants in place with one ±749 SF suite currently vacant Offered at $2,400,000 ($168.66/SF) – well below estimated replacement cost Market rents in Grass Valley average $16–$18/SF/year Excellent visibility and access from East Main Street, a major commercial corridor Ample on-site parking with professional landscaping and signage Built in 1989 and well-maintained Potential owner-user opportunity with SBA 504/7a financing eligibility Strong local tenancy and minimal day-to-day management requirements Located in Nevada County’s government and medical services hub Appealing for 1031 exchange buyers, local/regional investors, and professional users

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Fairway Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

C

APN/PARCEL ID

035-360-008-000,035-360-009-000

ASK ABOUT THIS PROPERTY

Trent CarvolthALIVE Commercial Real EstateMore Info
619-909-0681

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Trent CarvolthALIVE Commercial Real EstateMore Info
619-909-0681

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