$1,381,000

316 S Auburn St # 1-7, Grass Valley, CA 95945

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0.58 acres

Commercial Sale · Office · 31 days on Properkey

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.

Agent & source

Listed by
Diann Patton
Brokerage
Coldwell Banker Grass Roots
DRE
#01004234
MLS # 226111291 Source MetroList Services

Property details

Rooms & Layout

Levels
1 story

Property Features

Lot features
Auto Sprinkler Front, Curbs/Gutters, Sidewalk
Road
City Street
Topography
Level, Lot Grade Varies

Building & Construction

Construction Materials
Block, Brick, Wood
Roof
Composition
Foundation
Raised
Building Features
  • 1 Restroom Per Unit
  • Major Tenant
  • Restroom(s)-Private
  • Dumpster
  • Front Sign
  • Varies By Unit
  • Landscaping

Exterior & Parking

Parking
Private, Uncovered

Interior & Comfort

Heating
MultiType, MultiUnits, Varies by Unit
Cooling
Varies by Unit, MultiType, MultiUnits
Flooring
Combo of Materials

Utilities

Water Source
Water District
Sewer
Public Sewer
Electric
Separate Electric Meter
Sewer Connected, Internet Available, Varies By Unit
Irrigation
Public District

Nearby

Active Pending Closed Rental

School information not available for this property.

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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: October 19, 2026 1:36 AM PT
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