1097 E MAIN ST, Grass Valley, CA 95945
Three-building campus leased to multiple tenants directly across from Sierra Nevada Memorial Hospital.
- Added:
- Jun 9, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 20 at 6:54 am
Property Features for 1097 E MAIN ST
General Information
- Standard status
- Active
- Size
- 11,498 SF
- Lot size
- 1.12 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1978
Listing agent Tyson Tucker License #01804034
Listing office Tucker Commercial (530) 272-7222
Listing date Jun 9, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Tucker Commercial
HighLights
- 11,468 SF medical and professional office campus on a 1.12‑acre parcel built in 1978
- 100% leased across 10 suites to nine tenants with a total offering price of $1,595,000 ($139/SF)
- Tenancy mix includes seven month‑to‑month suites, giving flexibility to mark rents to market
- ~75% of in‑place revenue is month‑to‑month, with the remaining ~25% contractually termed (incl. a new 5‑year lease through May 2031)
- Three free‑standing buildings on‑site, with an anchored medical rent roll (~70% of income) across suites
- Reported going‑in cap rate is 8.00%, with weighted‑average in‑place rent ~8.3% below market
Overview
The property is located directly across the street from Sierra Nevada Memorial Hospital (Dignity Health), the only acute-treatment hospital serving western Nevada County. Set on East Main Street, the campus sits within the area’s primary healthcare and commercial corridor connecting historic downtown to the Hwy 49/20 interchange.
For buyers and operators, the current leased configuration offers multiple suite opportunities within a medically oriented campus setting. Approximately 75% of revenue is on month-to-month tenancy, providing room to adjust leasing terms and reposition suites based on tenant demand. The remaining portion of revenue is contractually termed, including a newly executed 5-year lease through May 2031, which helps provide additional stability while the rest of the income stream is positioned for change.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grass Valley
- County
- Nevada
- State
- California
- Longitude
- -121.049216
- Latitude
- 39.2295904
