14762 Wabash AveGrass Valley, CA 95945

Property Details for 14762 Wabash Ave

Year built

1961

Lot size

16.97 AC

Property size (Sq ft)

1,700 SF

Property type

Agricultural properties

Property subtype

Other specialty properties

Description

This exceptional 16.97-acre property in Grass Valley, CA (APN 028380012000), presents a compelling value-add investment opportunity. Located at 14762 Wabash Ave, 95945, this mixed-use land boasts two existing buildings totaling 1,700 square feet, constructed in 1961, and featuring a single story. Currently generating income from multiple tenants (two total), the property includes a leased vineyard spanning approximately 3.2 acres and cultivating six grape varietals. An additional permitted and leased growing operation is also in place, demonstrating significant existing revenue streams. Further enhancing the property's income potential is a leased residential home and a shop with RV parking and dumping facilities, also available for lease. The expansive acreage offers considerable potential for future development, with ample space for vineyard expansion or the creation of additional income-generating ventures. The asking price is $1,999,000. This property represents a rare chance to acquire a diversified, income-producing asset with substantial upside potential in a desirable California location.

Location Insight

City

Grass Valley

County

Nevada

State

California

Latitude

39.1569

Longitude

-120.966

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