Grass Valley Homes with Commercial Lot Property Subtype

Grass Valley Homes with Commercial Lot Property Subtype

Welcome to Grass Valley, California—a charming town nestled in the heart of Nevada County, where the rich history of the Gold Rush era meets modern-day allure. Known for its stunning landscapes and vibrant arts scene, Grass Valley offers a unique blend of small-town charm and big-city amenities. With its picturesque streets lined with historic buildings, eclectic shops, and delightful eateries, residents enjoy a lifestyle that celebrates both community and culture.

For those seeking a versatile investment opportunity, Grass Valley boasts an array of homes with commercial lot properties. These unique properties serve as a perfect fusion of residential comfort and commercial potential, allowing homeowners to live where they work or to capitalize on rental income. Imagine waking up in your charming home, with the convenience of a storefront or office just steps away. This flexibility is ideal for entrepreneurs, artists, or anyone looking to establish a business in a thriving community.

The commercial lot properties in Grass Valley are strategically located, offering excellent visibility and accessibility. Whether you envision a cozy café, a boutique shop, or an art studio, the possibilities are endless. Plus, with the scenic beauty of the Sierra Nevada foothills surrounding you, your business will benefit from the area's natural allure, drawing in both locals and visitors alike.

In Grass Valley, you don’t just find a house—you discover a lifestyle. Embrace the opportunity to live, work, and thrive in this enchanting town, where every day feels like a new adventure. Explore the potential of homes with commercial lot properties and become a part of the Grass Valley story today!

Newest Grass Valley Homes with Commercial Lot Property Subtype

$1,100,000
226026859 MLS
Investment opportunity for the development of high impact affordable housing in the Greater Higgins area of Grass Valley, California. The Cameo Affordable Housing Land (Cameo''), located at 22630 Cameo Drive, comprises a 5-acre parcel strategically positioned to serve the region's increasing demand for affordable housing. Cameo represents a unique opportunity to acquire and develop a fast to market, transformative, low income, high-density residential project in an area marked by ongoing growth and infrastructure development. The latest proposal for the development includes 48 rent-restricted units, comprised of twelve (12) one-bedroom units, twenty-four (24) two-bedroom units, and twelve (12) three-bedroom units, all restricted at 30%, 50%, or 60% of AMI. This project will deliver critically needed affordable housing in western Nevada County and is eligible for California Low-Income Housing Tax Credits (LIHTC), providing valuable financial incentives for developers The project was previously in contract with a developer who secured over $10 million in infill and infrastructure grants and completed all necessary engineering studies, including geotechnical, biological, traffic, drainage, and hazardous waste reports. Additionally, preliminary architectural and civil plans have been prepared, allowing a developer to leverage the existing reports and submittals, saving hundreds of thousands of dollars in soft costs and significantly reducing the time to market.

22630 Cameo Drive, Grass Valley

Listing courtesy of Coldwell Banker Commercial Grass Roots Realty.

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