443 Crown Point Cir 15,264 SF Vacant Office Building Grass Valley, CA 95945 $2,500,000 ($163.78/SF) 8.35% Cap Rate

A very flexible building divisible into 4 spaces from 1,296 to 15,264 SF. Current improvements include perimeter offices, a 115 occupant conference/class room, break room, mail room and server room. A Kohler 30REZG Generator and loading dock are in place. Three window sections provide potential at grade overhead doors. 443 Crown Point Circle represents the finest offering of office and R & D space available in Nevada County. The Whispering Pines Business Park SP1-A zoning sets the community's highest standard of design, construction, property use and landscaping in a forest like setting at a location without competition in the county.. Whispering Pines has attracted entrepreneurs as well as national corporations.
NOW UNDER CONSTRUCTION - Crown Point Events Center, future home of InConcert Sierra, a world class Performing Arts Center is on its way to Grass Valley one block from 443 Crown Point Circle. The concert venue anticipates international recognition and reputation with the 520 seat main Hardin Hall, the flexible seating for multiple option Ken Getz black box theater and the Yosemite Conference Center and Restaurant. The 40,000 square foot Performing Arts Center will host orchestral concerts, Broadway style productions and a great variety of artistic performances. Drawing patrons from afar, InConcert Sierra will enhance Grass Valley's visibility and will be a strong new economic engine for the greater Grass Valley community with increases in motel, restaurant, entertainment and shopping activities.
Please review the Offering Memorandum, building Virtual Tour Interior and Exterior Link and below.
The property is also AVAILABLE for LEASE as a Flex building. Please see LoopNet For Lease listing for this property.