For Sale
Property Photo

$1,699,000

For Sale

161 Mill St, Grass Valley, CA 95945

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Property Highlights

Commercial Sale

Property Type

Retail

Sub Type

1900

Year Built

105

Days On Properkey

0.28

Lot (acres)

226058051

MLS #

METROLIST

MLS Source

Description

A rare opportunity to own one of downtown Grass Valley's most iconic historic buildings. Prominently positioned on beloved Mill Street, this incredible +/- 19,904 square foot property is rich with character, history, and untapped potential. Originally built in the early 1900s during the height of Grass Valley's booming Gold Rush era, this grand multi-level building has long been woven into the fabric of the community. Behind the storefronts and expansive commercial space lies one of its most unforgettable hidden treasures a stunning third-floor ballroom featuring soaring dome ceilings, exposed brick accents, intricate trim details, and the timeless craftsmanship rarely found today...You can almost hear the echoes of another era grand gatherings, celebrations, music, and community events that once filled the hall. Now, the opportunity exists for a new owner to breathe life back into this extraordinary space and reimagine its future. While more than half of this building has been renovated, there is still more potential to bring this historic beauty back to life. With nearly 20,000 square feet of flexible space, the possibilities are endless: boutique hotel, restaurant, entertainment venue, creative offices, luxury lofts, retail destination, wedding venue, or mixed-use redevelopment. The building's historic charm paired with its prominent downtown location creates an unmatched canvas for visionaries, investors, and preservationists alike. Located in the heart of historic Grass Valley, surrounded by thriving restaurants, shopping, entertainment, and year-round community events with coveted on site parking...this is more than real estate it's a chance to become part of the town's continuing story. Bring your vision. Restore the grandeur. Check out the City of Grass Valleys walking tour link on their website...what amazing history.

Listed by Lori M. Reynolds-Hamilton • DRE #01917345 • Coldwell Banker Grass Roots

Contact: (530) 308-2370

Contact: [email protected]

MLS #: 226058051
Source: MetroList Services

Building & Construction

Construction Materials
Brick, Stucco, Frame, Wood
Roof
Flat
Building Features
Manager's Office, 12 to 18 Ft Ceilings, Basement, Multiple Tenant Building, Reception Area, Conference Room, Restroom(s)-Private, Display Window, Dumpster, Showroom, Varies by Unit

Interior & Comfort

Heating
Central
Cooling
Central
Flooring
Carpet, Combo of Materials, Wood, Linoleum

Utilities

Nearby

Active Pending Closed Rental

School information not available for this property.

All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.

Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: August 25, 2026 12:34 PM PT
Copyright © 2026 MetroList Services, Inc. All Rights Reserved.

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