Prime Infill Parcel for Commercial Development

Listing was updated at: 01/30/2020
Property Overview
Price/Rent PSF $ 350,000.00
Asset Type Land
Trade Type Sale
Acres Available 0.75
Date Available 01/30/2020
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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 Brunswick/Glenbrook Basin is the most active commercial hub in the City of Grass Valley, lying on both sides of Highway 49 at the Brunswick Road exit adjacent to Nevada City. The area contains 3 anchored centers with tenants including Safeway, SaveMart, Bank of America, RiteAid, Walgreens, Staples, and various national fast food eateries. Numerous arterial roadways lead to and from the area increasing its convenience and popularity.

A +/- .75 acre infill parcel located in the highly desirable Brunswick Basin commercial district next door to the newly developed River Valley Community Bank Building. Zoned "Office Professional" and accommodating a wide range of uses including medical, office, R&D, studios, schools, live/work, mixed-use, restaurant/cafe, hospitality, day care and more. Huge development cost savings due to newly stubbed utilities to the property including water, sewer, gas and electrical. An estimated 25 parking spaces would allow for a +/-6,000 SF building on the site. As the property is bank-owned, superb acquisition, construction and takeout financing is available. This offering is a rare exceptionally located site ready for your dream project.