145 S Auburn Street, Grass Valley, CA 95945
Turn-key restaurant opportunity in historic downtown Grass Valley.
- Added:
- Mar 5, 2026
- Days on Market:
- 124
- Last Refresh:
- Apr 9 at 9:02 pm
Property Features for 145 S Auburn Street
General Information
- Standard status
- Active
- Size
- 1,900 SF
- Lot size
- 0.11 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1950
Listing office (530) 308-2370
Listing date Mar 5, 2026
Source Cbcworldwide
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 Lore Reynolds-Hamilton
HighLights
- Prime location in the heart of historic downtown Grass Valley with high foot traffic and proximity to Mill Street Plaza.
- Turn‑key restaurant opportunity, fully equipped and ready for immediate operation.
- Established business with a long history serving the community since the 1930s.
- Includes four private parking spaces plus convenient access to a public city lot.
- Unique western‑themed interior featuring original paintings by renowned local artist Albert Krebs.
- Recent city improvements, including new sidewalks, enhance the property's appeal.
Overview
Local Financial Insights For Specialty 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 | $70.7k | $37.20 |
| − Vacancy | −$7.3k | −$3.83 |
| EGI | $63.4k | $33.37 |
| − OpEx | −$15.8k | −$8.34 |
| NOI | $47.5k | $25.03 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Elam Biggs Bed & Breakfast — 220 Colfax Ave, Grass Valley, CA 95945
- Kate's Place — 422 Kate Hayes St, Grass Valley, CA 95945
- Charlie's Cafe — 145 S Auburn St #6516, Grass Valley, CA 95945
- Prospector's Cottage — 221 Washington St, Grass Valley, CA 95945
Location Insight
- Map
- Local Demand
- City
- Grass Valley
- County
- Nevada
- State
- California
- Longitude
- -121.0616473
- Latitude
- 39.2176314
