$5,450,000
MLS #: 18603942
Commercial

Description of , Grass Valley, CA 95945

Spring Hill Village is a well-established theater anchored community center located in the historic gold rush town of Grass Valley, California. (First time on market in 20 years!) The Project consists of 30,191 square feet of retail/office space and a pad site, situated on 2.96 acres and located at the signalized intersection of East Main Street and Hughes Road. The Property is anchored by Sierra Cinemas, a recently renovated 4 screen theater with an updated bar/cafe concept, and over a 20 year occupancy history at the Property. Additionally, Comcast, the Property's second largest tenant has been at the site for over ten years. The Project is currently 77.5% occupied, allowing an investor the opportunity to significantly increase yield through lease up.

Property Features of , Grass Valley, CA 95945

TYPE
Commercial/Retail
Year Built
1969
Community
13105
Stories
2
Features
Central air
Central heat
Zoned heat
Lot zoned: Commercial/Indust
Units in building(s): 5
Courtesy of: Coldwell Banker Grass Roots, Jonathan Blinder

Agent License: 01045855
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2019 MetroList Services, Inc. Based on information from MetroList Services, Inc.