509 Auburn St Grass Valley, CA 95945-7221
This exceptional 1,429-square-foot multi-use property in Grass Valley, CA (95945), presents a fantastic investment or owner-user opportunity. Located at 509 S Auburn Street, this property boasts a flexible NC Flex zoning, allowing for diverse uses including offices, medical facilities, multi-family dwellings, apartments, residential conversions, spas, salons, and even some retail. The main building features four separate rooms with sinks, a lobby, bathroom, reception room, and a back room with sink and workspace. An additional structure in the rear offers two more spacious rooms. Recent upgrades include a new roof and asphalt driveway. Seven parking spaces are available, and the property is ADA compliant. The large lot within city limits provides ample space for additional parking or even new construction. City zoning permits multi-family units, accessory dwelling units (ADUs), and various other business uses. The buildings are well-maintained and clean. Note that any personal property or dental equipment shown in photos is not included. A neighboring property has an access easement only
-
Dr. Mark D. Winger, DDS Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Grass Valley, CAGrass Valley. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.