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$1,381,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 6,981 Sq. Ft.
  • Updated 2 days ago
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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.

Full Property Details for 316 S Auburn St #1-7

General

  • Price: $1,381,000
  • Status: Active
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226111291
  • Updated: 9/18/2026
  • Added to Site: 2 day(s) ago

Business

  • Business Type: Medical, Professional Service

Interior

  • Flooring: Combo of Materials

Additional Information

  • Other Features: 1 Restroom Per Unit, Major Tenant, Restroom(s)-Private, Dumpster, Front Sign, Varies by Unit, Landscaping

Parking

  • Total Spaces: 31
  • Parking: Private, Uncovered

Location

  • County: Nevada
  • Cross Streets: Race Street
  • Driving Directions: Highway 49 exit S. Auburn Street, right on S. Auburn to PIQ on West side of street.
  • Location Details: Neighborhood, Professional Complex, Public Transportation Nearby, Downtown, Freeway Nearby, Restaurant Nearby, Shopping Nearby

Heating & Cooling

  • Cooling Type: Varies by Unit, MultiType, MultiUnits
  • Heating Type: MultiType, Multiple Units, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water: Water District
  • Utility Description: Sewer Connected, Internet Available, Varies by Unit

Structural Information

  • # Buildings: 3
  • Structure Type: Detached
  • Construction: Block, Brick, Wood
  • Foundation: Raised
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 6,981
  • Office: 6,981 Sq. Ft.

Lot Features

  • Lot Size (Acres): 0.58
  • Lot Size (Sq. Ft.): 25,265
  • Frontage: City Street
  • Irrigation System: Public District
  • Topography: Level, Lot Grade Varies
  • Zoning: Neighborhood Commercial/Office Use
  • Lot Description: Auto Sprinkler Front, Curbs/Gutters, Sidewalk

Financial Considerations

  • Owner Pays: Grounds Care
  • Tenant Pays: Electricity, Gas, Individual Meters, Varies by Unit
  • Tenant Expense: Electricity, Gas, Individual Meters, Varies by Unit

Disclosures and Reports

  • Special Conditions: None
  • APN: 008-510-041-000

Listed by Coldwell Banker Grass Roots Realty

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Listing agent

— 316 S Auburn St #1-7 —

  • Coldwell Banker Grass Roots Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 316 S Auburn St #1-7

School Districts:Grass Valley Elementary School District, Nevada Joint Union High School District
NameGradesDistance
Bell Hill Academy
342 S. Sch St., Grass Valley, CA 95945
K-40.3 mi
Lyman Gilmore Middle School
10837 Rough and Ready Highway, Grass Valley, CA 95945
5-80.8 mi
Margaret G. Scotten Elementary School
10821 Squirrel Creek Road, Grass Valley, CA 95945
K-41 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 316 S Auburn St #1-7 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$1,381,000
120.96%
MLS
7/15/2004
Sold
$625,000
—
Public Record
Get Price Alerts and Save Property
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 for 316 S Auburn St #1-7

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,629
—
$888,588
2%
2025
$9,629
2%
$871,165
2%
2024
$9,434
2%
$854,084
2%
2023
$9,217
1%
$837,338
2%
2022
$9,138
2%
$820,920
2%
2021
$8,943
—
$804,825
1%
2020
$8,938
4%
$796,574
2%
2019
$8,579
—
$780,956
2%
2018
$8,549
5%
$765,644
2%
2017
$8,146
7%
$750,634
2%
2016
$7,601
1%
$735,918
2%
2015
$7,495
2%
$724,866
2%
2014
$7,380
-5%
$710,670
—
2013
$7,767
—
$707,460
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Coldwell Banker Grass Roots Realty

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316 S Auburn Street #1-7, Grass Valley, CA 95945 (MLS# 226111291) is a Single Family property with 0 bedrooms and 0 full bathrooms. 316 S Auburn Street #1-7 is currently listed for $1,381,000 and was received on September 18, 2026. Want to learn more about 316 S Auburn Street #1-7? 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.

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