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Street-Facing Office and Retail Suite
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1740 E Main St, Grass Valley, CA 95945

Suite with hardwood floors, vaulted ceilings, skylights, and multiple offices within a 2006-built street-facing building.

Property Size2,728 SF
Price / SF$256.60
Days on Market362

Property Features for 1740 E Main St

General Information

Standard status Active
Size 2,728 SF
Property subtype OFFICE

Amenities

lobby with fireplace
conference rooms
kitchenette
skylights
highly visible signage

Building Details

Year Built 2006
Listing Agency: Century 21 - Mueller Commercial | Sacramento
Listed By: Janice Kimsey · License #02138720
Source: Moodyscre
Added: Nov 10, 2025 Changed: Oct 26 Last Checked: Nov 4 at 1:58PM

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 Century 21 - Mueller Commercial | Sacramento

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2006, this property offers a street-facing suite with an interior build-out designed for either retail or office use. The space includes attractive hardwood floors, vaulted ceilings with skylights, and a prominent lobby with a fireplace. Office configuration features large executive offices with smaller adjacent secretarial offices, along with large conference rooms, four bathrooms, and a kitchenette. Approximately 2,756 SF is available in the street-facing suite.

The building is located at Lake Olympia Business Park, described as a centrally located business park about five minutes from both downtown Grass Valley and downtown Nevada City. The property also features highly visible signage and ample parking, with a nearby mix of retail, business, and restaurants.

This offering provides a professionally finished interior with substantial window lines for natural light, supporting a range of professional tenant needs within a street-facing storefront-style setting.

Key Highlights

  • +/-2,756 SF available in a street‑facing suite in a 2006‑built 7,781 SF building with views of the city and mountains
  • Interior build‑out includes hardwood floors, vaulted ceilings with skylights, and a lobby with a fireplace
  • Office layout features large executive offices, smaller adjacent secretarial offices, and large conference rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,145
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,900 $662.9K
Cap Rate 7%
$473,500 $473.5K
Cap Rate 9%
$368,278 $368.3K
Market Conditions
NOI Build-Up for 2,728 SF
Gross rent
$58.9K $21.60/SF
− Vacancy
−$14.7K −$5.40/SF
EGI
$44.2K $16.20/SF
− OpEx
−$11.0K −$4.05/SF
NOI
$33.1K $12.15/SF
Area
Nevada County, CA
Vacancy
25.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,900
Cap Rate 7%
$473,500
Cap Rate 9%
$368,278

Alternative Uses

Best Use
Retail
$933.6K
$816.9K – $1.09M (±1% cap)
NOI $65,351 @ 7.0% cap · market cap 9.34%
Second Best
Office B
$473.5K
$414.3K – $552.4K (±1% cap)
NOI $33,145 @ 7.0% cap · market cap 4.74%
Theoretical Best
Specialty Retail
$975.3K
$853.4K – $1.14M (±1% cap)
NOI $68,272 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Olympia Mortgage & Investment ... Loan Service Corcoran Pruett LLP Law Firm

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,312
Businesses Nearby

Demographics for 95945, CA

26,302
Population
13,051
Households
2
Avg Household Size
50
Median Age
32%
College-Educated
94%
High-School Grad
61.1 sq mi
ZIP Area
430
Density / Sq Mi
$61,068
Median Household Income
$41,072
Median Earnings
$1,420
Median Rent
$496,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Suite with hardwood floors, vaulted ceilings, skylights, and multiple offices within a 2006-built street-facing building.
Where is this office unit located?
The property is located at 1740 E Main St Grass Valley, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: +/-2,756 SF available in a street‑facing suite in a 2006‑built 7,781 SF building with views of the city and mountains; Interior build‑out includes hardwood floors, vaulted ceilings with skylights, and a lobby with a fireplace; Office layout features large executive offices, smaller adjacent secretarial offices, and large conference rooms
(916) 934-8759 · Office Call to check price and availability
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