Office Condo with ADA
1061 E Main Street Unit 103 Grass Valley, CA 95945
1061 E Main Street Unit 103, Grass Valley, CA, 95945
$249,000
For Sale
$249,000
Office condo unit with two large offices, reception area, break area, storage, and an ADA-compliant ensuite restroom.
Property Size1,224 SF
Price / SF$203.43
Days on Market223
Property Features for 1061 E Main Street Unit 103
General Information
- Standard status
- Active
- Size
- 1,224 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing agency
5152804
Listed by
Compass
Source
Xome
Added: Dec 12, 2025 Updated: Jul 22 at 11:07AM Checked: Jul 22 at 11:07AM
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 Compass
Investment Insights
Based on property information with market context.
This beautifully maintained office condo is located in the Presley Building and features two large offices plus a reception/entry room, a storage room, and a small break area. The unit also includes an ensuite ADA-compliant restroom, supporting a functional layout for client-facing and day-to-day workspace needs.
The building is situated on East Main Street across from the Nevada County Country Club, with convenient access off the Golden Chain Highway between Grass Valley and Nevada City. The offering includes ample parking and is described as a quiet work environment.
The unit is one of multiple professional offices in the building, providing a cohesive office setting within the same power grid as the hospital, which is noted to help maintain operations during outages for other locations.
The building is situated on East Main Street across from the Nevada County Country Club, with convenient access off the Golden Chain Highway between Grass Valley and Nevada City. The offering includes ample parking and is described as a quiet work environment.
The unit is one of multiple professional offices in the building, providing a cohesive office setting within the same power grid as the hospital, which is noted to help maintain operations during outages for other locations.
Key Highlights
- Office condo in the Presley Building on East Main Street, across from the Nevada County Country Club
- Interior includes 2 large offices, reception/entry room, storage room, and a small break area
- Includes an ADA‑compliant ensuite restroom
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 | $26.4k | $21.60 |
| − Vacancy | −$6.6k | −$5.40 |
| EGI | $19.8k | $16.20 |
| − OpEx | −$5.0k | −$4.05 |
| NOI | $14.9k | $12.15 |
1,224 SF · lease $21.60/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$212.5K
$185.9K – $247.9K
NOI $14,872 @ 7.0% cap · market cap 5.97%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$437.6K
$382.9K – $510.5K
NOI $30,632 @ 7.0% cap · market cap 12.30%
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?
Office units - Office condo unit with two large offices, reception area, break area, storage, and an ADA-compliant ensuite restroom.
Where is this office units located?
The property is located at 1061 E Main Street Unit 103 Grass Valley, CA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Office condo in the Presley Building on East Main Street, across from the Nevada County Country Club; Interior includes 2 large offices, reception/entry room, storage room, and a small break area; Includes an ADA‑compliant ensuite restroom
