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13451 Colfax hwy
Grass Valley, CA 95945

$2,800,000 USD

General Retail For Sale  •  8,460 SF

Property Details

  • Property Type General Retail
  • Total Building Size 8,460 SF
  • Lot Size 10.68 AC
  • Building Class C
  • Year Built 1962
  • Tenancy Multiple
  • Zoning C-1, Ag10, BP
0 Transit Score
21 Walk Score

Highlights

Fully Leased-13 Tenants | ±29,645 SF multi-tenant retail center with a diverse mix of retail, restaurant, and service uses.
Strong In-Place Yield | Offered at $2.8M with ±$254K NOI — 9.09% cap rate.
Income Stability | No tenant contributes over 15% of revenue; broad mix reduces risk.
Below-Market Rents | Avg. rent at $0.99/SF gross allows upside through lease-up and repositioning.
Future Development Opportunity | Includes adjacent ±4.23-acre BP-zoned parcel — ideal for self-storage (Use Permit required).
Prime Frontage & Access | 750+ feet along State Route 174 (AADT: 6,830) between Grass Valley and Colfax/I-80.

Public Transportation

Commuter RailDriveWalkDistance
17 min - 9.4 mi
Tyson Tucker 530-272-7222 Coldwell Banker Commercial Grass Roots
Tyson Tucker 530-272-7222 Coldwell Banker Commercial Grass Roots