110 Spring Hill Drive 14-17, Grass Valley, CA 95945
Nevada County
Key Facts
Description
110 Spring Hill Drive, Units 14-17 presents a rare opportunity to acquire a fully renovated 7,500 SF industrial condominium within the city limits of Grass Valley. This premium corner unit encompasses four legal parcels (APNs: 009-720-014-000 through 009-720-017-000) and sits within a professionally managed complex offering full city utilities and minimal day-to-day maintenance responsibilities. Extensively renovated in 2020-2021 and currently occupied by a brewery, the property features 1,800 SF of high-quality two-story office space and 5,700 SF of 18' clear-height warehouse. The office buildout includes a reception area, lab, large conference/open work area, two restrooms, and private offices, with an additional conference room upstairs all finished with luxury vinyl plank flooring and high-end materials throughout. The existing lease runs through July 31, 2026, giving a buyer the opportunity to collect in-place rent while planning for a near-term transition into the space an ideal scenario for an owner-user. Ownership within this professionally managed project delivers meaningful operational advantages. The owners association maintains the roof, structure, exterior, parking lot, and water/sewer service, and provides building envelope insurance significantly reducing capital and maintenance exposure. A new TPO membrane roof was installed in 2021. Current quarterly OA dues are $3,526.76, ensuring predictable operating costs and a well-maintained complex. Located within Grass Valley city limits with strong accessibility and proximity to western Nevada County's primary commercial and industrial corridors, this property is well-positioned for an owner-user or investor seeking a turnkey, newly-renovated industrial asset.
Property Information
Property Type
Commercial Sale
Sub-Type
Industrial
Structure Type
Office / Industrial / Warehouse
Year Built
1989
Living Area
7,500 sq ft
Lot Size
0.16 acres
MLS® Listing#
226045896
Property Features
Heating
Flooring
Parking
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Parcel Number
009-720-014-000
Directions
From State Highway 49, take the Idaho Maryland Rd exit, continue on Idaho Maryland Rd and turn left on Spring Hill. The property will immediately be on your right.
Affordability Calculator
$240,000
Estimated monthly payment
$6,387/mo
Principal $960,000 · Est. interest $1,339,285 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grass Valley, CA
- $660,766
- Median Listing Price
- 54
- Median Days on Market
- 1,858
- Median Sq Ft
- $362
- Median Price / Sq Ft
- 2,739
- Active Listings
- This home’s price is 82% above the area median.
- Its price per sq ft is 56% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grass Valley, CA.
Location
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Points of Interest in Grass Valley, CA
Showing the Grass Valley area map.
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 6271 Marsha Avenue, Simi Valley, CA | $840,000 | 3 | 2 | 1,170 |
| Yucca Valley, CA | $840,000 | — | — | — |
| 9125 Mesa Avenue, Lucerne Valley, CA | $840,000 | 1 | 2 | 1,326 |
| 8419 Brotchie, Jurupa Valley, CA | $844,888 | 4 | 4 | 3,160 |
| 2265 Shreve Avenue, Simi Valley, CA | $845,000 | 4 | 3 | 1,866 |
| 1743 Duskwood Way, Simi Valley, CA | $845,000 | 4 | 3 | 1,831 |
Moving Cost Estimate
EXIT Agents in Grass Valley
Listing Courtesy: Tucker Commercial - 5304706090
Presented by: Tyson Tucker
CA DRE# 01520140. Kris Klair Broker
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