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Executive Summary

Exceptional commercial investment opportunity in the heart of Grass Valley on highly visible East Main Street, where thousands of vehicles pass daily providing outstanding exposure for retail and service businesses. Situated on nearly one acre, this well-positioned property offers approximately 10,000 square feet of established retail space with ample on-site parking and easy access for customers. The building has a strong rental history with long-term tenants who have occupied the spaces for years, making this an attractive, stable income property for investors. Whether you are seeking a solid addition to your portfolio, a potential 1031 Exchange replacement property, or the opportunity to own the building for your own business while benefiting from additional rental income, this property presents exceptional flexibility. Prime location, strong visibility, consistent tenancy, and rare nearly one-acre commercial land make this a standout retail investment opportunity in one of Nevada County's most active commercial corridors.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
9,977 SF
Building Class
B
Year Built
1940
Price
$1,495,000
Price Per SF
$149.84
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,977 SF
Building FAR
0.25
Lot Size
0.91 AC
Zoning
C-2 - General Commercial
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
009-190-018-000
Land Assessment
$357,487
Improvements Assessment
$690,799
Total Assessment
$1,048,286
  • Listing ID: 39878859

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: 640 E Main St, Grass Valley, CA 95945

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