231 E Main St - Office FOR SALE


Grass Valley, CA 95945
$525,000 USD
530-277-0116
231 E Main St, Grass Valley, CA for Sale
$525,000 USD
Office - FOR SALE
1/46
null | 3.43% Cap Rate

231 E Main St
Grass Valley, CA 95945


HIGHLIGHTS

  • Prime Downtown Location
  • High Visibility & Foot Traffic
  • Ample Parking
  • Professional Office Space
  • Strong Community Presence

OVERVIEW

Located in the heart of charming Downtown Grass Valley, this office building offers great potential for businesses seeking a central location. The building features 3 units, with one large space downstairs and two upstairs. The first floor includes 4 private offices, a conference room, and a bathroom for convenience. Upstairs, you'll find 2 spacious rooms that can serve as additional offices or workspaces, along with another bathroom on this level. Both floors contain a kitchenette. The building does shown signs of age, although is still fully functional. Walking distance to shopping, restaurants, and entertainment. Positioned between E Main St and Hwy 49, great for advertising as plenty of traffic goes by. Small parking lot provides ample parking space to the public. The bottom unit, and one of the two spaces above are occupied. Combined monthly income of $1700/month at current rate. Although with full occupancy, a projected income of over $2,700 could be possible. Don't miss this opportunity for a centrally located office space with character and flexibility!

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$232 USD /SF

CAP RATE

3.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C

APN/PARCEL ID

008-350-014-000

ASK ABOUT THIS PROPERTY

Ayrton SwaseyColdwell Banker Grass Roots RealtyMore Info
530-277-0116

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

Ayrton SwaseyColdwell Banker Grass Roots RealtyMore Info
530-277-0116

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