316 S Auburn Street Unit #1-7, Grass Valley, CA 95945
- $1,381,000
- List Price
- $1,381,000
- MLS#
- 226111291
- Status
- ACTIVE
- Type
- Single Family Residential
- Zip
- 95945
- City
- Grass Valley
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.
Additional Information
- Unit Number
- 1-7
- Land Area (Acres)
- 0.58
- Subtype
- Office
- Construction
- Block, Brick, Wood
- Foundation
- Raised
- Stories
- 1
- Garage
- Private, Uncovered
- Floor Coverings
- Combo of Materials
- Cooling
- Varies by Unit, MultiType, MultiUnits
- Heat
- MultiType, MultiUnits, Varies by Unit
- Water
- Water District
- Utilities
- Sewer Connected, Internet Available, Varies by Unit
- Sewer
- Public Sewer
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Listing courtesy of Coldwell Banker Grass Roots Realty.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .