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    950 E Main St Grass Valley, CA 95945

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    For Sale
    $2,400,000

    Two-story office building with high occupancy in Grass Valley, CA.

    Property size:
    14,229 SF
    Lot size:
    1.07 Acres

    Property Features for 950 E Main St

    General Information

    Size
    14,229 SF
    Lot size
    1.07 Acres

    Source: ALIVE Commercial Real Estate Agent Trent Carvolth

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Office Building For Sale

    This two-story office building, constructed in 1989, offers approximately 14,229 square feet of space on approximately 1.32 acres across two APNs. The net rentable area is approximately 9,930 square feet. The property is 92% leased, with five tenants currently in place and one vacant suite of approximately 749 square feet. The building is located in Nevada County's government and medical services hub. It features ample on-site parking, professional landscaping, and signage. The property has excellent visibility and access from East Main Street, a major commercial corridor. It is well-maintained and presents a potential owner-user opportunity with SBA 504/7a financing eligibility. The property is appealing for 1031 exchange buyers, local/regional investors, and professional users. Strong local tenancy and minimal day-to-day management requirements are in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grass Valley
    County
    Nevada
    State
    California
    Longitude
    -121.0520581
    Latitude
    39.2287347

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    FAQs

    What type of property is this?
    Office building - Two-story office building with high occupancy in Grass Valley, CA.
    Where is this office building located?
    The property is located at 950 E Main St Grass Valley, CA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - 92% leased with five tenants, providing immediate income.; - Offered at $2,400,000 ($168.66/SF), below estimated replacement cost.; - Located in Nevada County’s government and medical services hub.
    (619) 909-0681
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    950 E Main St Grass Valley, CA 95945
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