Street-Level Retail-Office
120 W Main St Grass Valley, CA 95945
120 W Main St, Grass Valley, CA, 95945
$695,000
Pending
For Sale
$695,000
Pending
Single-story building with large display windows and a flexible open layout for retail or office use.
Property Size1,632 SF
Days on Market125
Property Features for 120 W Main St
General Information
- Standard status
- Pending
- Size
- 1,632 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1950
Listing Agency
Two Feathers Realty
(530) 268-5076
Listed by
Beth A. Wilson · License #01208381
(530) 268-5076
Source
Exitrealty
Added: Mar 19 Updated: Jul 20 at 4:39 pm Checked: Jul 20 at 4:39 pm
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 Two Feathers Realty
Investment Insights
Based on property information with market context.
This single-story retail/office building offers approximately 1,632 SF of well-maintained, flexible space with large display windows and an open floor plan. The layout is designed to support a range of consumer-facing or professional uses, including retail showroom, salon, office suites, café, or gallery concepts.
The property fronts West Main Street in Historic Downtown Grass Valley. It is described as having excellent street-level visibility, with access to public parking steps away and private parking off Richardson Street.
The building is zoned TC-H for commercial retail/office use within the historic downtown overlay. The property’s storefront orientation and open interior configuration make it suitable for tenants or buyers seeking a downtown commercial presence.
The property fronts West Main Street in Historic Downtown Grass Valley. It is described as having excellent street-level visibility, with access to public parking steps away and private parking off Richardson Street.
The building is zoned TC-H for commercial retail/office use within the historic downtown overlay. The property’s storefront orientation and open interior configuration make it suitable for tenants or buyers seeking a downtown commercial presence.
Key Highlights
- Single‑story retail/office building built in 1950 with approximately 1,632 SF of versatile space.
- Frontage on West Main Street with large display windows for street‑level visibility.
- Open floor plan offers flexible layout options for retail showroom, salon, office suites, cafe, or gallery.
Local Financial Insights For Retail
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 | $58.4k | $35.76 |
| − Vacancy | −$2.5k | −$1.54 |
| EGI | $55.9k | $34.22 |
| − OpEx | −$16.8k | −$10.27 |
| NOI | $39.1k | $23.96 |
1,632 SF · lease $35.76/SF/yr · vacancy 4.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$558.5K
$488.7K – $651.6K
NOI $39,096 @ 7.0% cap · market cap 5.63%
Second Best
Office B
$283.3K
$247.9K – $330.5K
NOI $19,829 @ 7.0% cap · market cap 2.85%
Theoretical Best
Specialty Retail
$583.5K
$510.5K – $680.7K
NOI $40,843 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Enrique’s Lounge
Restaurant
gold country letip
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Foothill Flowers — 102 W Main St, Grass Valley, CA 95945
FAQs
What type of property is this?
Storefront property - Single-story building with large display windows and a flexible open layout for retail or office use.
Where is this storefront property located?
The property is located at 120 W Main St Grass Valley, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Single‑story retail/office building built in 1950 with approximately 1,632 SF of versatile space.; Frontage on West Main Street with large display windows for street‑level visibility.; Open floor plan offers flexible layout options for retail showroom, salon, office suites, cafe, or gallery.
