504 Whiting Street, Grass Valley, CA, 95945

504 Whiting Street Grass Valley, CA 95945

504 Whiting Street, Grass Valley, CA, 95945
504 Whiting Street, Grass Valley, CA, 95945
FOR SALE
Property Type:
Street Retail
Amount:
$597,000
Last Verified:
Feb 15, 2020

Highlights

  • Arguably the best located property in the County.
  • Immediate Highways' 49 and 20 accessibility.
  • Fully renovated in 2017.
  • Large on-site parking lot.
  • Flexible zoning for numerous uses.

Description

A +-4972 SF freestanding commercial building almost entirely renovated in 2017. Arguably situated in the most convenient location in all of Nevada County, with the major intersection of Highways' 49 and 20 only 1 block away allowing immediate north/south and east/west access to all parts of the County and beyond. Seller has completed +-$175,000 worth of improvements in the building including all new electrical, plumbing, heating, air-conditioning, ducting, flooring, painting and roof/structural work. The almost one-third acre parcel provides a spacious on-site parking lot for 16 vehicles plus additional street parking as well. "NC Flex" zoning allows for a wide variety of possible uses including retail, office, medical, studios, live/work, residential care, cafe, market and more. Seller is current occupant and will vacate upon close of escrow.

Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe & Sacramento. Located below the snow line & above the fog for the perfect 4-season climate. Within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacto & UN Reno) & 2 intl. airports (Sacto & Reno). Nevada County’s economy has effectively transitioned from mining/logging/construction to video tech, digital media & other high-tech industries, balanced by national-caliber arts & entertainment sectors. With superb schools & multiple national awards relating to unbeatable quality of life, the region continues to attract residents & businesses from nearby Sacramento & the Bay Area.
The subject property is situated in arguably the best location in all of Nevada County in terms of accessibility and convenience. It lies only one block from the Highway 20 interchange with Highway 49, allowing for immediate north/south access (to Nevada City or Auburn) and east/west access (to Penn Valley/Yuba City and Colfax via Hwy 174).


Year Built: 1935
Building Size: 4972.0sq ft
Building Class: B
Lot Size: 0.31 acres

Map of 504 Whiting Street, Grass Valley, CA, 95945

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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