Nevada County Bank Building
131 Mill Street, Grass Valley, CA 95945
10,560 SF | Office
Office Property For Sale
- Building Size:
- 10,560 SF
- Property Type:
- Property Sub-type:
- Office Building
- Property Use Type:
- Commission Split:
- Cap Rate:
- Building Class:
- Year Built:
- Listing ID
- Last Updated
- 3 days ago
Price Reduction!!! 131 Mill Street is an historically significant, impeccably maintained 10,560 square foot, two story office/retail building located at the hard corner of Mill and Bank Streets in the heart of downtown Grass Valley. This is the first time the property has been marketed for sale since the mid-1970s representing an unrivaled opportunity to acquire an irreplaceable, historically significant and highly leaseable asset.
131 Mill Street is perhaps the most impressive and architecturally unique building in all of downtown Grass Valley. The building's facade is original including the stately Ionic columns and domed roof. The interior has been completely remodeled, but many of the original materials were incorporated into the interior millwork and partitions later constructed for private offices.
The property is the only building with Mill Street frontage that has a private parking lot (24 spaces) in the rear of the building.
Wells Fargo Insurance/USI has had a 40 year tenancy at the building, but will be vacating in September, 2015. The lower office space has been rented, so the property will be delivered as a 25% occupied building.
131 Mill Street is located in the historic gold rush town of Grass Valley, California. Grass Valley is situated in between North Lake Tahoe and Sacramento, with excellent access to Highways 49, 20, 174, and Interstate 80. The property is within an hour of downtown Sacramento, Tahoe ski resorts, and only two and a half hours from the Bay Area.
Commercial property information by LoopNet
Map of 131 Mill Street, Grass Valley, CA 95945 (Nevada County)
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs.