316 S Auburn ST #1-7, Grass Valley, CA 95945
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316 S Auburn ST #1-7, Grass Valley, CA 95945
316 S Auburn ST #1-7, Grass Valley, CA 95945
316 S Auburn ST #1-7, Grass Valley, CA 95945
316 S Auburn ST #1-7, Grass Valley, CA 95945
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Nevada County, CA Real Estate

Nevada County, CA Real Estate

+1(530) 273-7293
$ 1,381,000
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316 S Auburn ST #1-7 Grass Valley, CA 95945

0.58 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226111291

HOA Y/N No

Lot Size 0.580 Acres

Acres 0.58

Property Sub-Type Office

Source MLS Metrolist

Property Description

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.

Location

State CA

County Nevada

Area 13105

Direction Highway 49 exit S. Auburn Street, right on S. Auburn to PIQ on West side of street.

Location Details Neighborhood,Professional Complex,Public Transportation Nearby,Downtown,Freeway Nearby,Restaurant Nearby,Shopping Nearby

Interior

Heating MultiType, MultiUnits, Varies by Unit

Cooling Varies by Unit, MultiType, MultiUnits

Flooring Combo of Materials

Exterior

Parking Features Private, Uncovered

Utilities Available Sewer Connected, Internet Available, Varies by Unit

Water Access Desc Water District

Roof Type Composition

Topography Level,Lot Grade Varies

Road Frontage City Street

Total Parking Spaces 31

Building

Lot Description Auto Sprinkler Front, Curbs/Gutters, Sidewalk

Story 1

Foundation Raised

Sewer Public Sewer

Water Water District

Others

Senior Community No

Tax ID 008-510-041-000

Special Listing Condition None

MetroList® Services, Inc
Listed by Coldwell Banker Grass Roots Realty
Nevada County, CA Real Estate

Nevada County, CA Real Estate

Real Estate Brokerage License ID: 00873741

+1(530) 273-7293

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316 S Auburn ST #1-7