440 Lower Grass Valley Road, Nevada City, CA 95959 | For Sale

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For Sale $1,375,000

$1,375,000
  • (0)
  • Units
  • Unknown Sq Ft
  • 65,340 Sq Ft
  • Unknown Cap Rate

Description

An amazing opportunity presents itself in this beautifully located commercial building. With a total of 4,190 sq ft on a 1.5 acre lot, the options are endless. Expansion capabilities were presented to Nevada City in the past regarding another structure being built on this site and were met favorably. This commercial building is Cannabis approved with Nevada City and they are ready and waiting to process permits at this location. All uses allowed except a dispensary. Prior tenant was a Cannabis Testing Lab and part of the building was built out for that purpose. Security Cameras, phone systems, sterile lab department, front reception, restrooms, etc... Current Tenant occupying 33% of the building and can stay for the rental income for a prospective buyer or seller will negotiate an exit plan. Owner financing is a possibility with a significant down.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,375,000
Property Type Other
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 10 spots
Year Built 1959
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 031221007
MLS # 41068755
Property ID 320734540
Lot Sqft 65,340
Zoning C
Days on Market 159
Original List Price $1,750,000
Date Updated November 20, 2024
Date Created August 04, 2024

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Dana Wallace an agent of . Lic #01409662


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 20, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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