Medical Office
1061 E Main Street 201 Grass Valley, CA 95945
1061 E Main Street 201, Grass Valley, CA, 95945
$210,000
Pending
For Sale
$210,000
Pending
Ground-level medical office condo features a large reception area, multiple exam rooms with sinks, and private office space.
Property Size1,137 SF
Days on Market164
Property Features for 1061 E Main Street 201
General Information
- Standard status
- Pending
- Size
- 1,137 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1984
Listing agency
Century 21 Cornerstone Realty
(530) 913-8598
Listed by
Dianna L Helms · License #00713462
(530) 913-8598
Source
Exitrealty
Added: Feb 9 Updated: Jul 22 at 9:36AM Checked: Jul 22 at 9:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Cornerstone Realty
Investment Insights
Based on property information with market context.
This medical office condo is located on an entry level with no steps, providing straightforward access. The interior includes a large reception and waiting room, multiple exam rooms equipped with sinks, a breakout room with a sink, a private office, an additional private office, a supply room, and a restroom.
The property is part of a commercial condo setting with a large nearby parking lot, and it is described as being close to Sierra Nevada Hospital.
The space is currently described as being used as a doctors office and is listed with current monthly rent of $2,100, with the note that the tenant may wish to stay.
The property is part of a commercial condo setting with a large nearby parking lot, and it is described as being close to Sierra Nevada Hospital.
The space is currently described as being used as a doctors office and is listed with current monthly rent of $2,100, with the note that the tenant may wish to stay.
Key Highlights
- Ground‑level commercial condo, built in 1984, with no stairs or steps to enter
- 1137 SF medical office layout with large reception/waiting room and office space
- Multiple exam rooms with sinks plus a supply room and breakout room with sink
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.6k | $21.60 |
| − Vacancy | −$6.1k | −$5.40 |
| EGI | $18.4k | $16.20 |
| − OpEx | −$4.6k | −$4.05 |
| NOI | $13.8k | $12.15 |
1,137 SF · lease $21.60/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$325.2K
$284.6K – $379.4K
NOI $22,764 @ 7.0% cap · market cap 10.84%
Second Best
Office B
$197.4K
$172.7K – $230.3K
NOI $13,815 @ 7.0% cap · market cap 6.58%
Theoretical Best
Specialty Retail
$406.5K
$355.7K – $474.3K
NOI $28,455 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tracy Hoeg
Medical Clinic
LATHER & STEEL
Barber Shop
Quantum Light Infusion ...
Alternative Medicine Practice
Hanson Christopher DDS
Dental Office
Dr. Robert P. ...
Dental Office
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FAQs
What type of property is this?
Medical Office Space - Ground-level medical office condo features a large reception area, multiple exam rooms with sinks, and private office space.
Where is this medical office space located?
The property is located at 1061 E Main Street 201 Grass Valley, CA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Ground‑level commercial condo, built in 1984, with no stairs or steps to enter; 1137 SF medical office layout with large reception/waiting room and office space; Multiple exam rooms with sinks plus a supply room and breakout room with sink
