This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
$1,699,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
Property 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.
Full Property Details
Full Property Details for 161 Mill St
General
- Price: $1,699,000
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226058051
- Updated: 5/13/2026
- Added to Site: 62 day(s) ago
Business
- Business Type: Commercial, Other
Interior
- Flooring: Carpet, Combo of Materials, Wood, Linoleum
Additional Information
- Other 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
Parking
- Parking: Common Area Assigned
Location
- County: Nevada
- Cross Streets: Neal St.
- Driving Directions: Highway 49 to Neal St. To Mill St.
- Location Details: Downtown
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Meter on Site, Public
- Utility Description: Sewer Connected, Internet Available, Underground Utilities, Natural Gas Connected
Structural Information
- Structure Type: Mixed Use, Retail
- Construction: Brick, Stucco, Frame, Wood
- Roof: Flat
- Stories/Levels: 4
- Square Feet: 19,904
- Current Bldg. Use: None
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
- Frontage: City Street
- Irrigation System: None
- Topography: Level
- Present Use: None
- Zoning: Commercial/Industrial
Financial Considerations
- Tenant Pays: Varies by Unit
- Tenant Expense: Varies by Unit
Disclosures and Reports
- Special Conditions: None
- APN: 008-372-017-000
Listed by Coldwell Banker Grass Roots Realty
Get Pre-Approved Today
Schools
Schools serving 161 Mill St
| Name | Grades | Distance |
|---|---|---|
Bell Hill Academy 342 S. Sch St., Grass Valley, CA 95945 | K-4 | 0.3 mi |
Lyman Gilmore Middle School 10837 Rough and Ready Highway, Grass Valley, CA 95945 | 5-8 | 0.6 mi |
Margaret G. Scotten Elementary School 10821 Squirrel Creek Road, Grass Valley, CA 95945 | K-4 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 161 Mill St
Date
Details
Price
Change
Source
5/12/2026
Listed
$1,699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 161 Mill St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,141
—
$2,484,181
2%
2025
$26,141
5%
$2,435,472
2%
2023
$24,988
—
$2,387,718
2%
2023
$24,988
269%
$2,340,900
280%
2022
$6,767
1%
$615,521
2%
2021
$6,685
1%
$603,453
1%
2020
$6,617
4%
$597,267
2%
2019
$6,348
—
$585,557
2%
2018
$6,325
4%
$574,076
2%
2017
$6,078
4%
$562,821
2%
2016
$5,859
1%
$551,787
2%
2015
$5,780
2%
$543,499
2%
2013
$5,686
—
$532,854
—
2013
$5,686
—
$530,447
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 161 Mill St
161 Mill Street, Grass Valley, CA 95945 (MLS# 226058051) is a Single Family property with 0 bedrooms and 0 full bathrooms. 161 Mill Street is currently listed for $1,699,000 and was received on May 12, 2026. Want to learn more about 161 Mill Street? Do you have questions about finding other Single Family real estate for sale in Grass Valley? You can browse all Grass Valley real estate or contact a Coldwell Banker agent to request more information.

