246 S Church St - Churches FOR SALE


Grass Valley, CA 95945
$695,000 USD
530-272-7222
246 S Church St, Grass Valley, CA for Sale
$695,000 USD
Churches - FOR SALE
1/55
null | Request Cap Rate

246 S Church St
Grass Valley, CA 95945


HIGHLIGHTS

  • Within Walking distance of Mill St/Downtown Grass Valley
  • Turn Key for a congregation needing a building
  • Very Attractive opportunity to develop the property into a Residential Multi family use.

OVERVIEW

246 South Church Street is a 5,464 square foot mixed-use building located within the downtown Grass Valley core, approximately three blocks from the Mill Street Plaza. The property has most recently been used as a church and benefits from an in-place Conditional Use Permit (CUP) allowing church / assembly use, providing an established land use entitlement. The building consists of 3,912 square feet on the main level and 1,551 square feet on the upper level. The property has been well maintained and features a flexible floorplate that supports a variety of adaptive reuse strategies. The site is zoned NC-Flex, permitting a broad range of commercial and residential uses. In combination with the existing CUP, the property offers meaningful flexibility for continued assembly use or conversion to alternative uses within the downtown core. Preliminary conceptual plans have been prepared illustrating a potential three-unit multifamily configuration, including: One (1) one-bedroom / one-bath unit totaling approximately 1,765 SF One (1) three-bedroom / two-bath unit totaling approximately 2,500 SF One (1) three-bedroom / one-bath unit totaling approximately 1,590 SF The conceptual design includes on-site parking and a large private rooftop deck for one unit, enhancing residential appeal and long-term marketability. The property is being offered at $695,000, equating to approximately $127 per square foot, representing an attractive cost basis that supports redevelopment and value creation. The combination of NC-Flex zoning, an in-place Conditional Use Permit, and a competitive cost basis positions the property to accommodate a range of ownership strategies, including multifamily housing, mixed-use redevelopment, or continued use as a church or assembly facility, within the downtown Grass Valley core.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

NC Flex

APN/PARCEL ID

008-364-011-000

ASK ABOUT THIS PROPERTY

Jon BlinderColdwell Banker Grass Roots RealtyMore Info
530-272-7222

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Jon BlinderColdwell Banker Grass Roots RealtyMore Info
530-272-7222

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