25,000 SF Flex Building with Expansion Pads

Highlights

• An outstanding corporate HQ opportunity with expansion capability.
• 25,000 SF 2-story flex building with two pad sites planned for an additional 48,000 SF.
• Class A high quality steel frame structure in like-new condition.
• Low maintenance improvements - easily divisible for multi-tenant use.
• Priced significantly below replacement cost at only $100/SF.

Description

A high quality 25,000 SF steel-frame flexible-use 2-story building constructed in 1987 on a 7.71 acre site in excellent condition. Recently vacated by the long term high tech anchor tenant due to an out-of-state purchase of the company. Zoning allows for office, light manufacturing/assembly, R&D/lab space, studio/cabinet shops and other employment centered uses. The property includes two additional pad sites located on each side of the existing building that were formerly planned for another 48,000 SF of development with associated parking. This offering represents an outstanding opportunity to acquire a low-maintenance multi-functional and high quality building at significantly below replacement value with incredible expansion capability.

The City of Nevada City is the high-tech / high-culture jewel of the Sierra Nevada foothills "Gold Country". It is located in between and only one hour from both the burgeoning Sacramento and Reno/Tahoe markets, both with international airports. Superb "quality of life" is the driving force of this market with highly ranked schools, four beautifully distinct seasons, vibrant cultural arts and proximity to world class skiing & hiking, and within an easy drive to the San Francisco Bay Area as well. Nevada City continues to win various regional and national commendations as one of the most desirable small towns in America.

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