$1,750,000
Active
34 Days Online
0 Beds0 Baths13,576 SQFT
Active

Address Withheld

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Two of four industrial condominium units comprising a +-23, 000 SF complex situated on a 1.14 acre common parcel. The subject condos - Units 3 & 4 - total +-13, 576 SF, representing approximately 61% of the entire complex. This modern split-level concrete tilt-up building was constructed in 2000 and received a new roof in 2021. The functional layout includes +-4, 424 SF of high bay warehouse/manufacturing space with two large truck doors and 26' ceilings, and +- 9, 152 SF of low bay office/R&D space split equally between the ground floor and upper level. The property is currently fully leased to 3 tenants; however, High Sierra Electronics, occupying +-7, 400 SF, will be leaving the building at year end after a 20-year stint, creating an exciting opportunity for an owner/user buyer to acquire and occupy a new facility with healthy rental income (+-$6, 700/mo.) from the two remaining tenants as well as future expansion capability. The property should benefit from windfall appreciation upon completion of the nearby Dorsey Marketplace Shopping Center and the extension of Spring Hill Drive up to Dorsey Dr.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyNevada
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site34 Days
  • MLS StatusActive
  • MLS ID Number224097190
  • Home Size Source Owner
  • Year Built2000
  • Lot Size1.14 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Concrete
  • Building Features Over 18 Ft CeilingsOther
  • Parking Common Area AssignedStreet
  • Parking Spaces 41
  • Sewer Public Sewer
  • Number of Stories 00
  • Acreage 1.14
  • Water Public
  • Zoning M-1
  • Cross Street Idaho Maryland Rd
  • Property Sub Type Industrial
  • Utilities OtherNatural Gas Connected

Interior Features

  • Cooling Evaporative CoolerMulti UnitsRoof Package Joint
  • Heating Roof Package JointGasMulti ZoneNatural GasOther
  • Flooring Varies by Unit

Exterior Features

  • Roof Other

Community Features

  • MLS Area 13105
  • Building Features Over 18 Ft CeilingsOther

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Monthly Payment (Est.)

$8,502
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Listings Nearby Address Withheld Grass Valley, CA 95945