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Property profile & analytics
OFF-MARKET
Retail space

402 Auburn St Grass Valley, CA 95945-7226

2,880 SF 0.32 ac lot Built 1940
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2705595
Property summary
AI-generated overview

This ±2,880 square foot freestanding building, located at 402 S Auburn St in Grass Valley, CA 95945, offers a unique blend of modern amenities and historic charm. Recently renovated, this single-tenant property boasts new flooring and fresh paint throughout, while retaining attractive original features such as wood-paneled ceilings and exposed wooden beams. Ideal for medical or traditional office use, the space includes a spacious reception area, seven exam rooms (each with sinks), four private offices, a lab, nurses' station, break room, and two ADA-compliant restrooms. The building's functionality is further enhanced by abundant parking: fifteen spaces are available, including one ADA-accessible spot. Situated within walking distance of downtown Grass Valley and less than a minute from Highway 49, this property enjoys excellent visibility and accessibility. Built in 1940 and zoned NC - Flex GVCity (APN 008-510-040, Nevada County), this property offers a full-service lease at $1.74 per square foot per month, encompassing all utilities (PG&E, water, trash, snow removal, and landscaping). Floor-to-ceiling windows in the business offices provide ample natural light. This is a rare opportunity to acquire a well-maintained, conveniently located commercial property in a thriving California community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction WOOD
Total area 2,880 SF
Lot 0.32 ac (13,939 SF)
Zoning code C
APN 008-510-040-000
UPID US09-2705595
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Eckerling Garrett M MD Physician
  • Fusion Acupuncture Nevada County Medical Clinic Alternative Medicine Practice
  • Dr. Ganesh Kulkarni Physician
  • Rideout Primary Care, Grass Valley Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Garrett M Eckerling · 3 yrs held
Garrett M Eckerling
since 2022
Last sale
$280,000
7 recorded transactions
2022
Price N/A
2012
Price N/A
2006
Price N/A
2006
Price N/A
2006
Price N/A
2001
$280,000
1991
Price N/A
Zoning & alternative use
C · Grass Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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