Prominent Light Industrial/Retail | 400 Idaho Maryland Rd
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Prominent Light Industrial/Retail 400 Idaho Maryland Rd
10,599 SF 65% Leased Retail Building Grass Valley, CA 95945 $2,700,000 ($255/SF)
Investment Highlights
- 10,599 SF flexible-use building with outstanding highway visibility and access.
- M1 zoning allows industrial, retail, storage, cannabis and most other in-demand uses.
- Huge traffic counts - over 50,000 vehicles pass site daily.
- Creative long term financing possible.
Executive Summary
ALL REASONABLE OFFERS CONSIDERED! Offering for sale or lease the most prominent commercial building in Grass Valley! 400 Idaho Maryland is a 10,599 SF flexible use 2-level building on a 1.96 acre parcel originally built in 2006 as the showroom and offices for the local GMC dealership, and thereafter the popular home of the Foothills Event Center. An adjacent 2.57 acre separate legal parcel (APN 009-191-054) currently improved for parking/storage/yard or future building is also available (price subject to negotiation). The building currently houses the top organic garden and greenhouse supply company in the region that is open to relocating from the building or reducing their occupied square footage. The property enjoys freeway visibility, 74 on-site parking spaces, and coveted M1 zoning allowing for today's most in-demand uses including manufacturing, warehousing, distribution, storage, cannabis, recreational, service retail, medical, food service, and more. Over 50,000 vehicles pass by this property per day. Motivated seller open to creative long term financing possibilities. This property is also available for lease.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,599 SF
Building Class
B
Year Built
2006
Price
$2,700,000
Price Per SF
$255
Percent Leased
65%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.12
Lot Size
1.96 AC
Opportunity Zone
Yes
Zoning
M-1 - Light Industrial - allows wide range of uses including self-storage, warehousing, manufacturing, retail, medical, office, etc.
Parking
74 Spaces (6.98 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Mezzanine
- Signage
- Monument Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $3,807,737 | |
Land Assessment | $1,351,182 | Total Assessment | $5,158,919 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,351,182
Improvements Assessment
$3,807,737
Total Assessment
$5,158,919
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Presented by
Berkshire Hathaway HomeServices NorCal Real Estate
Prominent Light Industrial/Retail | 400 Idaho Maryland Rd
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