6,981 sqft

$1,381,000

316 S Auburn Street 1-7, Grass Valley CA, 95945

Price per sqft$197.82

Property size6,981 sqft

Property typeCommercial

Overview

Active

Listed Sep 18, 2026

Updated 2 days ago

Fully leased multi-tenant medical/professional office investment in the heart of Grass Valley. 316 S. Auburn Street offers approximately 6,981 SF in three well-maintained buildings situated on approximately .58 acres with an exceptional 31 dedicated parking spaces. The property consists of six suites, all currently occupied, providing an established income stream with a combination of longer-term leases and month-to-month tenancies that may offer future rental upside. Tenants pay their own separately metered gas and electricity, while the landlord pays water/sewer, garbage and other property operating expenses. The seller has maintained the property with pride of ownership, including significant recent HVAC improvements, a well-maintained roof and exterior, and an owned 11.1 kW photovoltaic solar system installed in 2021 serving suites 6 & 7 (combined suite). Public records show buildings constructed 1958, 1959 & 1981 w/multiple remodels over the years. Current scheduled rental income is approximately $122,892 annually. Excellent parking, established tenancy and a flexible multi-suite configuration make this an attractive opportunity for an investor seeking a stabilized medical/professional office asset in Grass Valley. Offered at $1,381,000. Offering Memorandum and financial information available to qualified buyers with signed NDA.

Additional information

MLS^® ID: 226111291

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.58 Acres

Courtesy of Coldwell Banker Grass Roots Realty, Diann Patton,
Listing Contact:

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