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387 Nevada St 19,500 SF 63% Leased Retail Building Auburn, CA 95603 For Sale
INVESTMENT HIGHLIGHTS
- ~PROPERTY TO BE SOLD THROUGH AUCTION ON OCTOBER 29, 2025~
- FAVORABLE M-1 / C-1 ZONING - SUITABLE FOR MOST COMMERCIAL USES
- SUPERIOR STREET-BISIBLE SIGNAGE AND ABUNDANCE OF GLASS WINDOWS
- WELL LOCATED - IMMEDIATE ACCESS TO BOTH INTERSTATE 80 AND HIGHWAY 49
- IN-PLACE INCOME ALLOWS NEW OWNER TO OFFESET EXPENSES
EXECUTIVE SUMMARY
~*Property to be Sold Through Auction on November 17, 2025. Contact Brokers for More Information*~
The Moroz Drake Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 381-389 Nevada Street in Auburn, California (“The Property”). The Property is strategically located in South Auburn allowing immediate access to both Interstate 80 and Highway 49 allowing travel to Sacramento, Reno, and Grass Valley. The property benefits from income allowing a new owner to offset costs immediately.
The offering is comprised of a multi-tenant office/retail/warehouse building totaling approximately 19,500 square feet on a 1.07 acre parcel. The property was built in 1980 and is partially leased to a few tenants of various sizes offering flexibility to a new owner or the ability to cater to the market. The property is well located just a short distance from Interstate 80 (0.9 miles) and Highway 49 (0.4 miles) allowing access to Roseville/Sacramento, Reno, and Grass Valley. The surrounding area is home to various state and local government agencies including various agencies of Placer County, CA DMV, and United States Postal Service.
The offering presents a truly rare opportunity to own a well maintained, value-add or owner uses investment opportunity in the dynamic City of Auburn, California.
The Moroz Drake Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 381-389 Nevada Street in Auburn, California (“The Property”). The Property is strategically located in South Auburn allowing immediate access to both Interstate 80 and Highway 49 allowing travel to Sacramento, Reno, and Grass Valley. The property benefits from income allowing a new owner to offset costs immediately.
The offering is comprised of a multi-tenant office/retail/warehouse building totaling approximately 19,500 square feet on a 1.07 acre parcel. The property was built in 1980 and is partially leased to a few tenants of various sizes offering flexibility to a new owner or the ability to cater to the market. The property is well located just a short distance from Interstate 80 (0.9 miles) and Highway 49 (0.4 miles) allowing access to Roseville/Sacramento, Reno, and Grass Valley. The surrounding area is home to various state and local government agencies including various agencies of Placer County, CA DMV, and United States Postal Service.
The offering presents a truly rare opportunity to own a well maintained, value-add or owner uses investment opportunity in the dynamic City of Auburn, California.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
19,500 SF
Building Class
C
Year Built
1980
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.88 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 001-033-005 | Improvements Assessment | $17,065 |
| Land Assessment | $73,956 | Total Assessment | $91,021 |
PROPERTY TAXES
Parcel Number
001-033-005
Land Assessment
$73,956
Improvements Assessment
$17,065
Total Assessment
$91,021
CONTACTS
-
Christopher Drake -
Russ Moroz -
Abdullah Sulaiman -
Matt Sulaiman -
James Beeghly -
Marcus & Millichap Real Estate Investment Services
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