102 W Main St - Retail FOR SALE


Grass Valley, CA 95945
$839,000 USD
530-470-6092
102 W Main St, Grass Valley, CA for Sale
$839,000 USD
Retail - FOR SALE
1/39
null | Request Cap Rate

102 W Main St
Grass Valley, CA 95945


HIGHLIGHTS

  • Flagship corner location at West Main & South Auburn — heart of Grass Valley's core retail corridor, half a block from Mill Street Plaza
  • Offered at $839,000 ($219.63/SF) — attractive cost basis for an iconic two-story downtown retail building with mixed-use potential
  • Proven retail location — home to Foothill Flowers since 1966, demonstrating nearly 60 years of continuous retail viability
  • Event-driven demand — immediate proximity to Cornish Christmas, Thursday Night Markets, The Center for the Arts, and the Holbrooke Hotel
  • Flexible execution — business available separately or property delivered vacant; ground-floor retail with second-floor and patio upside
  • Functional layout with basement storage, multiple access points, and second-floor space suited for residential or creative office use

OVERVIEW

Iconic Downtown Grass Valley Retail Building | $839,000 ($219.63/SF) Tucker Commercial is pleased to present 102 W. Main Street for sale, an iconic ±3,820 SF, two-story retail building prominently located on the corner of West Main Street and South Auburn Street in the heart of downtown Grass Valley, CA. The property has been home to Foothill Flowers since 1966, a beloved family-owned florist that underscores the building’s long-standing retail viability and established presence within the community. The building features three street-level entrances and a highly functional, flexible layout. The ground floor consists of ±1,675 SF of retail space with excellent visibility and access. The second floor offers ±1,245 SF, currently configured with a gallery and large open room, and includes a ±400 SF patio, creating a unique indoor/outdoor environment well-suited for creative office, studio, or potential residential conversion (subject to zoning and permitting). The property also includes a ±900 SF finished basement, ideal for inventory, storage, or back-of-house operations. The property is located just half a block from Mill Street Plaza, a recently completed pedestrian-only street conversion that serves as a central gathering space in downtown Grass Valley. The plaza features open seating areas, outdoor dining, and flexible event space, significantly enhancing walkability and creating a vibrant, high-traffic environment that directly benefits surrounding retailers. Grass Valley has experienced a meaningful infusion of capital in recent years, contributing to increased retail traffic and overall downtown vitality. Notable investments include the creation of Mill Street Plaza, the approximately $5 million renovation of The Center for the Arts, and the extensive remodel of the historic Holbrooke Hotel. The property also benefits from strong foot traffic driven by popular seasonal events hosted by the City of Grass Valley, including Cornish Christmas and Thursday Night Markets, both of which draw thousands of visitors to the downtown core each year. Situated on a ±3,211 SF lot with one on-site parking space, the property is zoned Town Core, allowing for a wide range of retail, commercial, and potential mixed-use applications in one of the most desirable and visited historic downtown corridors in Northern California. The building underwent a comprehensive renovation in 1984/1985, during which major infrastructure systems, including plumbing and electrical, were replaced. The roof was replaced approximately five years ago. The Foothill Flowers business is available for purchase separately for $79,000. The property can also be delivered vacant at closing, providing flexibility for an owner-user or investor. The property is being offered at $839,000 ($219.63/SF), a compelling price per square foot for a well-maintained, ideally located downtown building with strong visibility, functional layout, and long-term optionality.

FOR SALE DETAILS

PRICE

$839,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Foothill Flowers

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1881

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,211 SF

ZONING

TC-H

APN/PARCEL ID

008-342-008-000

ASK ABOUT THIS PROPERTY

Jon BlinderColdwell Banker Grass Roots RealtyMore Info
530-470-6092

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Jon BlinderColdwell Banker Grass Roots RealtyMore Info
530-470-6092

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.