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$1,100,000
226097669 MLS
Position your business for success at 440 Lower Grass Valley Road, an exceptional freestanding commercial property located within the highly desirable Highway 49 commercial corridor in Nevada City, California. Situated on 1.5 acres, this professionally renovated commercial property offers 3,840 square feet of flexible office space designed to accommodate a wide range of professional, medical, research, technology, service, and commercial users. The expansive parcel provides abundant parking, excellent circulation, and significant future expansion potential for additional commercial improvements or outdoor business operations, subject to local approvals. Whether you're seeking an owner-user headquarters, regional office, medical facility, technology campus, or investment opportunity, this property delivers a rare combination of functionality, flexibility, and long-term growth potential in one of Nevada County's premier commercial locations. Designed to support a wide variety of business operations, the property features a thoughtfully designed floor plan with a reception area, conference room, private offices, collaborative workspace, warehouse with roll-up door access, lower-level storage, and two ADA-accessible restrooms. Renovations have enhanced the property's functionality while preserving its distinctive mountain-inspired architecture, creating a professional environment that is both inviting and efficient. Surrounded by mature pines and established landscaping, the setting offers a combination of privacy, natural beauty, and convenience that is rarely found in commercial real estate, providing an exceptional environment for employees, clients, and visitors alike. The 1.5-acre site provides exceptional flexibility for future growth and long-term value. Subject to applicable approvals, the expansive parcel offers the potential for additional commercial improvements, expanded parking, outdoor storage, or other site enhancements to accommodate evolving business needs. This rare combination of existing functionality and future development potential provides owners with the opportunity to grow alongside their business while maximizing the property's long-term utility and investment value. INVESTMENT HIGHLIGHTS 3,840 SF Freestanding Professional Office Building on 1.50 Acre Commercial Parcel Reception Area, Conference Room & Multiple Private Offices Warehouse/Storage Area with Roll-Up Door, Two ADA-Accessible Restrooms, Security System.

440 Lower Grass Valley Road, Nevada City

Listing courtesy of Century 21 Select Real Estate, Inc..

$1,600,000
226094698 MLS
An iconic opportunity in the heart of historic Grass Valley - Diego's Restaurant and its prime 2,500 sq ft commercial building are officially on the market! This turnkey, well-loved establishment is more than a restaurantit's a local staple known for it's vibrant eclectic atmosphere, loyal clientele, strong local following and unique Chilean inspired South American cuisine. Now,both the business and the real estate are available in a rare all-in-one offering! Situated on a high-visibility lot with ample foottraffic and street exposure, this freestanding property features two beautifully charming indoor dining spaces and an invitingoutdoor patio dining area nestled amongst it's magical gardens. The restaurant's highlights are it's fully equipped front opengrill, waitress station, along with a large commercial kitchen space, separate dessert & baked goods prep area, two walk-infridges and multiple pantries. Whether you're looking to continue the legacy of Diego's or bring your own culinary vision tolife, this is a rare opportunity to own a piece of Grass Valley historywith the stability of owning the building and land especially in one of Nevada County's most charming and fast-growing communities. Stop by for a bite to eat and come feel the love yourself!

217 Colfax Avenue, Grass Valley

Listing courtesy of Compass.

$575,000
226085650 MLS
A and A Physical Therapy has closed and owner has retired. This presents a rare opportunity to acquire an exceptionally maintained 3,618 SF medical office condominium just moments from Sierra Nevada Memorial Hospital.Positioned in a high-demand, hospital-adjacent location, this property is ideally suited for today's growing outpatient and wellness-based practices.A legal live/work designation adds a unique layer of flexibility, offering an ideal setup for an owner-user seeking to integrate professional and personal space or maximize long-term utility. The thoughtfully designed interior features three private treatment rooms, kitchen and laundry along with expansive open-concept areas that support a variety of clinical, fitness, or group uses. Non-load-bearing walls allow for straightforward reconfiguration, making it easy to tailor the space to evolving practice needs. This adaptability lends itself well to medical or specialty clinics, dental or physical therapy practices, behavioral health providers, or wellness-focused uses such as yoga or Pilates. Space includes generous locker rooms with full shower facilities, 13 on-site parking spaces with two ADA-designated, a recently refinished asphalt parking area, and a newer membrane roof that offers added peace of mind. With immediate occupancy available, this turnkey property is well positioned for providers looking to own rather than lease in a tightening medical office market. Whether establishing a new practice or expanding an existing one check this one out.

104 Margaret Lane Unit #3, Grass Valley

Listing courtesy of Coldwell Banker Grass Roots Realty.

$849,500
226073676 MLS
Some places just have a soul. Peterson's Corner is one of them. Tucked along the storied curves of CA-49 in the heart of California's Gold Country, this legendary roadhouse has been a gathering place for generations. Where locals pull up a barstool after a long day, strangers find themselves staying for one more round, and the kind of community that can't be manufactured just happens, naturally, the way it always has in the foothills. The building has character you can feel the moment you walk through the door. Worn in all the right ways. Alive in all the ways that matter. Behind the bar, there's a rhythm to this place a history, an energy, a story already written into the walls just waiting for someone with the right vision to write the next one. What makes Peterson's Corner truly rare isn't just the history it's everything that comes with it. A Type 47 ABC Liquor License that simply cannot be replicated in this county. Two three-bedroom, two-bath residences on site, offering flexibility for an owner-operator, on-site management. And bones, solid, honest bones in a building that has stood the test of time along one of California's most traveled historic highways. Whether you're a seasoned operator ready to step into something with roots already down, an investor looking for an asset with real staying power, or a dreamer with a vision for what a historic Gold Country roadhouse could become this place meets you exactly where you are. Peterson's Corner isn't waiting to become something special. It already is. Reach out for a private showing, and the full story behind this one-of-a-kind opportunity.

26130 State Highway 49, North San Juan

Listing courtesy of Century 21 Cornerstone Realty.

$299,000
226072302 MLS
Discover a one-of-a-kind warehouse building with a fascinating history, located just minutes from the heart of Nevada City. Originally built as a firehouse for the Nevada County Consolidated Fire Department, this versatile approximately 1,700 sq. ft. structure offers endless possibilities for its next chapter. The building is equipped with 200-amp electrical service, an existing septic system, water storage tank, chain-driven oversized garage doors, and plumbing hookups for a half bath. Whether you're seeking a workshop, storage facility, industrial space, or exploring the potential for a future residential conversion (buyer to verify with applicable agencies), this property provides a solid foundation for your vision. Enjoy the perfect balance of privacy and convenience, with downtown Nevada City's restaurants, shops, and events just minutes away. Outdoor enthusiasts will appreciate being only 10 minutes from the crystal-clear waters and recreation opportunities of Edwards Crossing on the South Yuba River. Bring your imagination and transform this unique property into something truly specialwithout the expense and effort of starting from the ground up.

14700 N Bloomfield Road, Nevada City

Listing courtesy of RE/MAX Gold.

$3,100,000
226049980 MLS
100 Union St is a 10,630 SF mixed-use asset situated in the heart of historic downtown Nevada City, California. The property is 100% occupied, generating in-place net operating income of $172,134 at a 5.53% going-in capitalization rate, with a projected 6.01% Year 1 cap as contractual rent increases take effect and near-term leases roll to market. Built in 2008, 100 Union St is the newest building in a downtown whose architectural fabric dates to the California Gold Rush. It blends seamlessly into the Victorian streetscape while delivering a level of functionality that no comparable building in the submarket can replicate: proper storefront depths, modern mechanical systems, a passenger elevator, and secured subgrade parking for seven vehicles. Downtown Nevada City has zero remaining developable land. This asset is effectively irreplaceable. The ground floor is anchored by two established, high-traffic restaurant operators: Nourish, a popular sushi restaurant, and Taqueria Taco Loco, a popular taqueria, both featuring outdoor dining in addition to interior seating, activating the streetscape and driving consistent foot traffic to the property. The full rent roll comprises nine tenants across three income streams: three ground-floor retail suites, four professional office suites ranging from 779 to 1,873 SF, and two one-bedroom residential apartments. No single tenant exceeds 18.3% of NRA. In-place rents of $2.10/SF/Mo sit approximately 13% below the weighted average market rent of $2.42/SF/Mo, and a WALT of 1.81 years positions a new owner for near-term mark-to-market across the majority of the rent roll. The property features extremely strong contractual rent growth, as an example, American Rivers (Suite 116, 1,873 SF, and the property's largest tenant) carries a 46.5% aggregate rent increase through October 2028, and portfolio-wide NOI is projected to grow 21.8% from Year 0 to Year 3 through escalations and near-term rollover repricing to market. 100 Union St represents a generational opportunity to acquire a trophy asset in the heart of one of California's most celebrated historic downtowns, with strong in-place income and a clear path for sustained NOI growth and value creation.

100 Union Street, Nevada City

Listing courtesy of Tucker Commercial.

$1,200,000
226039016 MLS
Position your business or investment for success with this rare opportunity to own a prime one-acre commercial/industrial parcel on a high-visibility Grass Valley highway, where thousands of cars pass daily. The property features a new metal building with a large roll-up door, seamlessly connected to an existing building. An on-site office and waiting areas, previously used as living space, adds flexibility for operations or management. With ample usable land, the possibilities here are extensive: mini storage, boat and RV storage (including covered options), feed or supply store, equipment yard, or a variety of other commercial ventures. The level layout provides easy access, excellent exposure, and room to expand or reconfigure to suit your business model. Opportunities like this combining location, usability, and versatility are increasingly hard to find in the Grass Valley market. Owner financing may be available, making this an exceptional investment or owner-user opportunity.

13383 Colfax Highway, Grass Valley

Listing courtesy of Century 21 Cornerstone Realty.

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