440 Lower Grass Valley Road

Nevada City, CA 95959

PRICE REDUCED

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-$375,000 (-21.43%)

$1,375,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1959

calendar_month Built

Property 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.

Listing Information

List Price $1,375,000
Status Active
MLS 41068755
HOA $0
Type Commercial
Year Built 1959
Lot Size 65,340
Structure Size N/A
DOM 11
Courtesy Of Giving Tree Real Estate Group
Listing Agent Dana Wallace DRE#01409662

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Dana Wallace, Giving Tree Real Estate Group . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 15th, 2024 at 12:30 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.