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440 Lower Grass Valley Road

Nevada City, CA 95959
  • $1,375,000
  • STATUS: Active
  • ON SITE: 171 Days
  • ID#: 41068755
$1,375,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Dana Wallace of Giving Tree Real Estate Group (925-565-9956)


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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/153300395
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440 Lower Grass Valley Road Nevada City, CA 95959

  • Price: $1,375,000
  • Status: Active
  • On Site: 171 Days
  • ID#: 41068755
0
Beds
0
Baths
0
½ Baths
1.5
Acres
1959
Built
County:
Nevada
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.
Exterior Features

Parking Total 10

Interior Features

Cooling YN Yes Heating YN Yes

Property Features

Association Fee 0 Cap Rate 7.83 Listing Service Full Service Net Operating Income 0 Operating Expense 0 Tax Annual Amount 0 Zoning C



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Dana Wallace of Giving Tree Real Estate Group (925-565-9956)