|Price/Rent PSF||$ 389,000.00|
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 subject property is located immediately adjacent to Dignity Health's Sierra Nevada Memorial Hospital in central Grass Valley.
A prime in-fill commercial lot of 5.62 acres consisting of 3 separate but contiguous parcels. The parcels are zoned C-2 and NC-Flex, which allow for a wide range of uses including residential, retail, office, medical, live/work, apartments and more. The land shares a +-400' common border with Dignity Health's Sierra Nevada Memorial Hospital to the east, and has visibility and access off busy E. Main Street to the west. NID treated water is to the site. Comcast internet/cable and PG&E are available from E. Main St. The property could be developed as one large project, or 2-3 smaller developments that could be phased and ultimately sold separately or as a whole.