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516 Brunswick Road

Grass Valley, CA 95945
  • $995,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 222041672
UPDATED: 48 min ago
$995,000
  • 0
    BEDS
  • 0.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,262
    SQFT
  • $137
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

PRICE REDUCED ! 7,262 square foot value-add multi-tenant office complex for sale in the heart of the Brunswick Basin. Lot size is .88 acres. This sweet spot is in the path of growth. Long history of stable tenants, Zoned OP, high speed internet. Two units ready for remodel, for up to an additional 2,000 sf may be added and still meet parking ratios. Highly rentable, small office units ranging from 250-800 square feet High visibility off of Brunswick Road Good for owner user, cash flowing investment, and/or redevelopment Rents and occupancy are below market 5.5% cap rate at 80% occupied Proforma 9% cap rate after bringing rents to market and renting the vacancy DO NOT CONTACT TENANTS. TENANT UNITS WILL BE AVAILABLE UPON AN ACCEPTED PURCHASE AND SALE AGREEMENT. Listing Broker is also part owner of Property. Pest inspection complete and copy available, ownership will provide Sec. 1 clearance.

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Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-05-22T15:39:57.07. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.916realestateteam.com/homes/127456979
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516 Brunswick Road Grass Valley, CA 95945

  • Price: $995,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 48 min ago
  • MLS #: 222041672
0
Beds
0
Baths
0
½ Baths
0.88
Acres
7,262
SQFT
$137
$/SQFT
Neighborhood:
Grass Valley
County:
Nevada
Area:
Grass Valley
Property Description
PRICE REDUCED ! 7,262 square foot value-add multi-tenant office complex for sale in the heart of the Brunswick Basin. Lot size is .88 acres. This sweet spot is in the path of growth. Long history of stable tenants, Zoned OP, high speed internet. Two units ready for remodel, for up to an additional 2,000 sf may be added and still meet parking ratios. Highly rentable, small office units ranging from 250-800 square feet High visibility off of Brunswick Road Good for owner user, cash flowing investment, and/or redevelopment Rents and occupancy are below market 5.5% cap rate at 80% occupied Proforma 9% cap rate after bringing rents to market and renting the vacancy DO NOT CONTACT TENANTS. TENANT UNITS WILL BE AVAILABLE UPON AN ACCEPTED PURCHASE AND SALE AGREEMENT. Listing Broker is also part owner of Property. Pest inspection complete and copy available, ownership will provide Sec. 1 clearance.
Exterior Features

Construction Materials BlockWood Dock Doors 0 Foundation Slab Loading Other Num Of Floors 0 Parking Features Common Area Shared Road Frontage County Road Roof Composition Total Parking Spaces 0.00 Walls Common WallSheetrock

Interior Features

Cooling Roof Package Separate Flooring Combo Of Materials Heating Roof Package Separate Num Of Elevators 0 Num Of Restrooms 10 Office Sq Ft 7262 Retail Sq Ft 0 Warehouse Sq Ft 0

Property Features

Accessibility Features Parking Building Features 1 Restroom Per UnitMultiple Tenant BuildingControl RoomFront SignSprinkler System LawnLandscaping Business Type Barber/BeautyProfessional Service Current Use Office Electric Separate Electric Meter Income Includes RentOther Lease Deposit 0 Lease Term Negotiable Location Airport NearbyPublic Transportation NearbyRestaurant NearbyShopping NearbyHotel/Motel Nearby Num Of Offices 0 Num Of Tenants 0 Operating Expense Includes UtilitiesVacancy AllowanceManagement FeeProperty Tax Owner Pays Common Area MaintenanceGrounds Care Property Condition Updated/RemodeledExterior-Very GoodInterior-GoodVaries By UnitInterior-Very Good Property Subtype Office Property Type Commercial Sale Sewer Public Sewer Special Listing Conditions None Structure Office Tenant Pays SewerElectricityGasWater Utilities Separate Gas MeterCable AvailableInternet AvailableVaries By UnitMaster Water Meter Water Source Public Year Built Details Unknown Year Renovated 1905 Zoning Op

Metrolist MLS logo Listing provided courtesy of Rh Solutions: . Listing information © 2022 MetroList Services, Inc.


Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-05-22T15:39:57.07. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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