Prominent Commercial Corner Parcel at Key Intersection

1300 E Main Street Grass Valley, CA 95945

1300 E Main Street, Grass Valley, CA, 95945
1300 E Main Street, Grass Valley, CA, 95945
FOR SALE
Property Type:
Other Land
Amount:
$695,000
Last Verified:
Feb 25, 2021

Highlights

  • Last-of-its-kind corner parcel at major intersection.
  • Only 1/4 mile from new freeway interchange.
  • All city utilities available to site.
  • Busy signalized corner with huge traffic counts.
  • Flex zoning for hotel, retail, mixed-use & more.

Description

PRICE REDUCED! Sperry CGA - Highland Commercial, as exclusive agent, presents this exceptionally rare and strategically located infill parcel situated at arguably the busiest signalized corner in the City, only 1/4 mile from the new Highway 49/20 interchange at Dorsey Drive and serving as the gateway to Litton Business Park, the premier medical and financial center of Nevada County. Well over 17,000 vehicles pass this 1.15 acre site daily. Flexible "Neighborhood Center" zoning (NC-Flex) allows for a wide range of uses including hotel, retail, medical, multi-family, office, live/work, mixed-use & more. All City utilities available to site. Previously planned for +-40 room hotel with restaurant/conference center. This property is currently IN 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 property lies less than a quarter mile from the new Highway 49/20 Dorsey Drive interchange and Dignity's Sierra Nevada Memorial hospital right at the gateway to Litton Business Park and the Sierra College Campus. Litton Business Park is the premier medical and financial center of the region with additional commercial and residential development planned.

Lot Size: 1.15 acres

Map of 1300 E Main Street, Grass Valley, CA, 95945

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • 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.