3-Building Light Industrial Complex

Listing was updated at: 01/30/2020
Property Overview
Price/Rent PSF $ 1,249,000.00
Asset Type Industrial
Trade Type Sale
SQ. FT. Available 8,590
Date Available 01/30/2020
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Parking 22
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Nevada City is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento. The region is located below the snow line and above the fog for the perfect 4-season climate. It lies within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacramento & UN Reno) and 2 international airports (Sacramento & Reno). Nevada County’s economy has effectively transitioned from mining/logging/construction to video technology, digital media and other high-tech industries, balanced by national caliber arts and entertainment sectors. With superb schools and multiple national awards relating to unbeatable quality of life, Nevada City continues to attract residents and businesses from nearby Sacramento and the SF Bay Area.

HUGE PRICE REDUCTION! The offering consists of 3 freestanding insulated metal buildings built in the '80s and located on a light industrial zoned .66 acre parcel within the city limits of Nevada City. This rare property may meet Nevada City's location and zoning requirements for certain cannabis uses, however CANNABIS USE IS NOT GUARANTEED. Each of the three buildings are approximately 3,000 SF, have two grade-level roll-ups, two restrooms, 400A/220V 3-phase power, and ceiling heights ranging from 14' - 20'. The site contains an upper truck turnaround area and parking for up to 22 vehicles. Current income from existing mo-to-mo tenant and possible leaseback from Seller. Located only one block from the Highway 49/20 interchange at Gold Flat and Ridge Road, this is a uniquely valuable property.