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$1,495,000
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Property Description
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.
Full Property Details
Full Property Details for 640 E Main St
General
- Price: $1,495,000
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226030376
- Updated: 3/13/2026
- Added to Site: 76 day(s) ago
Business
- Business Type: Commercial
Interior
- Flooring: Carpet
Additional Information
- Other Features: Dumpster
Parking
- Parking: Uncovered
Location
- County: Nevada
- Cross Streets: Berryhill
- Driving Directions: E Main St
- Location Details: Public Transportation Nearby, Shopping Nearby
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Separate Gas Meter, Natural Gas Connected
Structural Information
- # Buildings: 1
- Structure Type: Detached
- Construction: Frame
- Foundation: Raised
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 10,828
- Current Bldg. Use: Retail, Mixed Use
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.91
- Lot Size (Sq. Ft.): 39,640
- Frontage: City Street
- Irrigation System: None
- Topography: Level
- Present Use: Retail, Mixed Use
- Zoning: Commercial/Indust
Financial Considerations
- Tenant Pays: Gas, Water
- Tenant Expense: Gas, Water
Disclosures and Reports
- Special Conditions: None
- APN: 009-190-018-000
Listed by Century 21 Cornerstone Realty
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Schools
Schools serving 640 E Main St
| Name | Grades | Distance |
|---|---|---|
Bell Hill Academy 342 S. Sch St., Grass Valley, CA 95945 | K-4 | 0.9 mi |
Lyman Gilmore Middle School 10837 Rough and Ready Highway, Grass Valley, CA 95945 | 5-8 | 1 mi |
Margaret G. Scotten Elementary School 10821 Squirrel Creek Road, Grass Valley, CA 95945 | K-4 | 1.2 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 640 E Main St
Date
Details
Price
Change
Source
3/13/2026
Listed
$1,495,000
—
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 640 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,968
4%
$1,048,286
2%
2023
$11,473
—
$1,027,732
2%
2023
$11,473
1%
$1,007,581
2%
2022
$11,372
2%
$987,825
2%
2021
$11,144
3%
$968,457
1%
2020
$10,786
4%
$958,528
2%
2019
$10,353
—
$939,734
2%
2018
$10,317
4%
$921,309
2%
2017
$9,921
5%
$903,247
2%
2016
$9,484
1%
$885,539
2%
2015
$9,357
1%
$872,240
2%
2014
$9,220
2%
$855,157
—
2013
$9,071
—
$851,296
—
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 640 E Main St
640 E Main Street, Grass Valley, CA 95945 (MLS# 226030376) is a Single Family property with 0 bedrooms and 0 full bathrooms. 640 E Main Street is currently listed for $1,495,000 and was received on March 13, 2026. Want to learn more about 640 E Main 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.

