Grass Valley Homes with Retail Property Subtype

Welcome to Grass Valley, California, a hidden gem nestled in the heart of Nevada County. Known for its rich gold mining history, this charming city seamlessly blends small-town warmth with vibrant community spirit. Surrounded by the breathtaking Sierra Nevada foothills, Grass Valley offers an array of outdoor activities, from hiking and biking to fishing and skiing in the nearby mountains. The historic downtown area is filled with delightful boutiques, art galleries, and cozy cafes, making it a perfect spot for leisurely strolls and weekend outings.

For those looking to invest in both residential and commercial opportunities, Grass Valley boasts an enticing selection of homes with retail property subtypes. These unique properties not only provide a comfortable living space but also allow you to run your business right from your doorstep. Imagine waking up in your beautifully designed home, then stepping into your retail space to greet customers—all while enjoying the picturesque views of this enchanting city.

The demand for homes with retail property in Grass Valley is on the rise, thanks to the area's growing economy and supportive community. Whether you’re interested in a quaint storefront in the heart of downtown or a larger mixed-use property, you’ll find something that suits your vision. With a welcoming atmosphere, diverse amenities, and a strong sense of community, Grass Valley is the perfect place to call home while pursuing your entrepreneurial dreams. Explore the possibilities today and discover how you can thrive in this captivating city!

Newest Grass Valley Homes with Retail Property Subtype

$1,699,000

226058051 MLS

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.

161 Mill Street, Grass Valley

Listing courtesy of Coldwell Banker Grass Roots Realty.

$1,100,000

226047440 MLS

107 Bank Street offers a rare opportunity to acquire a 4,247 SF historic retail building in the heart of downtown Grass Valley, 100% occupied by Booktown Books a well-established cooperative of independent booksellers with approximately 20 years of continuous tenancy at this location. A five-year Modified Net Lease executed in January 2025 delivers a 7.16% going-in cap rate with 3% annual rent escalations and a blended 7.43% average cap rate over the initial term; the tenant reimburses property taxes and insurance, and each cooperative member has personally guaranteed the lease, providing uncommon credit strength. Built in 1922, the building features soaring 18-ft ceilings with true-dimension wood trusses, exposed concrete walls, five private offices on a partial second story, and restrooms on each level. Situated on a corner lot with frontage on Bank and Auburn Streets, the property is directly adjacent to Union Square Municipal Parking and steps from the Mill Street Pedestrian Plaza. Zoned Town Core for maximum commercial flexibility, this is a well-located, income-producing asset with strong lease fundamentals and distinctive historic character. APN: 008-372-003-000.

107 Bank Street, Grass Valley

Listing courtesy of Tucker Commercial.

$850,000

226039338 MLS

Own the Corner. Own the Culture. Own the Cash Flow. Positioned on the iconic corridor of California State Route 49, this one-of-a-kind commercial asset delivers unmatched visibility, high daily traffic, and a built-in audience from the surrounding Alta Sierra community. This fully leased, 7-unit retail strip sits on a rare 1-acre parcel and is anchored by a curated mix of edgy, lifestyle-driven tenants think smoke shop, modern barbering, tattoo + beauty hybrid services including body sculpting, red light therapy, lymphatic drainage, teeth whitening, wood therapy, and radio frequency treatments. This isn't cookie-cutter retail it's a vibe, a destination, and a revenue engine. The property has been meticulously maintained and features newly paved asphalt parking front and rear, offering 26+ spaces for seamless customer flow. A standout feature is the usable grassy frontage along Hwy 49a high-exposure canvas with potential for additional income streams, branding, or creative activation. On the lower level, currently utilized for storage, lies untapped upside with the potential to expand and create additional income-producing space (buyer to verify). Set against the backdrop of the Sierra Foothills, this location offers both aesthetic appeal and strategic positioning just minutes from Target and directly at the entrance to the Alta Sierra community, home to 7,000+ residents and 3,000+ homes, plus a private golf course, clubhouse, and schools. This is more than a property it's the gateway commercial hub for Alta Sierra. A true corner on the market'' opportunity where service-based businesses thrive on proximity, loyalty, and visibility. High exposure. Full occupancy. Expansion potential. Culture-driven tenancy. Opportunities like this don't just come aroundthey define the market.

10015 Alta Sierra, Grass Valley

Listing courtesy of 1st American Realty.

$1,250,000

226030376 MLS

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.

640 E Main Street, Grass Valley

Listing courtesy of Century 21 Cornerstone Realty.

$2,050

226010652 MLS

Prime Retail Opportunity in Historic Downtown Grass Valley Excellent corner retail space located in the heart of historic downtown Grass Valley, formerly a UPS Store. This highly visible space combines classic downtown charm with strong functional infrastructure, making it ideal for a wide range of retail or service uses. The space is equipped with plumbing for a water heater, grease trap, floor drain, and an exhaust fan vented through the exterior wall. An outdoor patio area is available for shared use with other tenants. The property also includes a backup generator to maintain operations during city power outages. Prominent corner location with outstanding visibility from Bank Street and South Auburn Street. Ample parking is available via the Gold Miners Inn parking lot and nearby street parking. Lease includes access to shared common-area restrooms. Ideal for a sandwich shop, deli, coffee concept, spa or salon, clothing boutique, winery tasting room, art gallery, quick-service business, or professional services. The location offers exceptional exposure to Gold Miners Inn guests and steady traffic throughout the area. This is the last available space in an extremely attractive row of retail units on a high-traffic corridor. With power backed up with automatic generator this space is unlike any other in the area.

109 Bank Street, Grass Valley

Listing courtesy of Today's Real Estate.

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