964 Golden Gate Terrace, Grass Valley, CA, 95945

964 Golden Gate Terrace Grass Valley, CA 95945

964 Golden Gate Terrace, Grass Valley, CA, 95945
964 Golden Gate Terrace, Grass Valley, CA, 95945
FOR SALE
Property Type:
Industrial
Amount:
$825,000
Last Verified:
Dec 21, 2020

Highlights

  • Freestanding flex building of +-5740 SF on .41 acre site.
  • Flexible "M-1" light industrial zoning.
  • Cannabis use potential.
  • Ample on-site and street parking.
  • Two grade level roll-up doors, 3 phase power.

Description

Highly sought-after freestanding office/warehouse building of 5740 SF with coveted M-1 (i.e. light industrial) zoning allowing generous flexibility of uses, possibly including cannabis based on Grass Valley's newly approved cannabis ordinance. Two grade-level roll-up doors, 3 phase power and fixed wireless broadband add to flexibility of use. Constructed in 1985 to allow for two separate businesses of roughly 3000 SF each, separated by a 2-hour firewall; however, the building can also function very well for a single-user.

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 strategically located only 3/4 miles from Highways 49 & 20, directly between the two major highway interchanges at Brunswick and Idaho Maryland Roads, and adjacent to the massive newly approved mixed-use Loma Rica Ranch development, which will further bolster this area as "THE" location in Grass Valley.


Year Built: 1985
Building Size: 5740sq ft
Building Class: B
Lot Size: 0.41 acres

Map of 964 Golden Gate Terrace, 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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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.