Property Size :
Warehouse :
26,336 SF
# 17967
Nestled amidst the charming Gold Country town of Nevada City, 104 New Mohawk Road presents a prime opportunity for investors and owner-users seeking an enhanced below-market-price light industrial/R&D building. This 26,336-square-foot, 2-story structure, built in 1984, offers ample space for creative enhancements and leasing strategies. Currently, the ground floor remains vacant, while the upper level houses small start-ups on month-to-month leases, providing flexibility for future redevelopment. The Light Industrial (LI) zoning permits diverse uses, including potential cannabis operations. Nevada City's historic charm, thriving entrepreneurial scene, and proximity to Sacramento, Lake Tahoe, and the San Francisco Bay Area make it a desirable location. The projected capitalization rate is ~7.5%, with an operational cap rate of ~10.0% excluding external management, vacancy, and capital reserves.
Nevada City Local Warehouse Experts
Your Reliable Partner in Finding the Ideal Warehouse Space At IndustrialSpaces.net, we are more than just a listing service. We are your dedicated partner in navigating the warehouse rental market in Nevada City, CA. Our experienced team of local experts specialises in matching businesses with their ideal industrial space.
Our Services:
Personalised Property Matching: We understand that every business has unique needs. Our experts will help you find the warehouse space that perfectly fits your specific requirements.
End-to-End Support: From property viewing to rental negotiations, we provide comprehensive support throughout the rental process.
Cost-Efficient Solutions: Our expertise in the local market ensures you get the best deal, including potential savings on rent and favourable rental terms.
Choosing IndustrialSpaces.net means partnering with a team that is committed to finding you the best warehouse space in Nevada City. Contact us today at (833) 556-5511 for a free consultation and discover how we can help your business thrive.
Get up to 10% off Asking Price, Free Early Occupancy and Free Rent on your next Lease.