110 Spring Hill DrGrass Valley, CA 95945

This exceptional 7,904-square-foot industrial property in Grass Valley, CA, presents a rare owner-user and/or investment opportunity. Located at 110 Spring Hill Dr, this single-story building comprises four contiguous industrial condominiums functioning as one unit, offering approximately 440 square feet of custom office space and ample high-cube open workspace. Features include 12' x 12' roll-up doors, 18' clear ceiling height, and 100-amp 3-phase power. The property sits on a 3.08-acre lot and includes a substantial 2,400-square-foot fenced yard, with 900 square feet under cover. Built in 1989 and renovated in 2019 (roof), the property benefits from an owner's association that maintains the roof, property insurance, and common areas. The M-1 zoning allows for diverse uses, including warehousing, manufacturing, retail, and more. Currently fully leased until October 31, 2025, generating an approximate net operating income of $64,000 annually, this property offers immediate income for an owner-user while providing a future move-in date or lease extension option. The asking price is $995,000, representing a 6.44% cap rate. The property's convenient location, just half a mile from Highway 49, adds to its appeal. APN: 009-720-035/036/037/038.