202 West Main Street

Description

202. W. Main St, a prime, 1,650 SF, recently renovated single story retail building situated on a 0.06-acre lot with private parking, ideally located at the bustling, retail-centric intersection of Main and Mill. This offering presents a unique opportunity to acquire an extremely well-maintained retail building in an unparalleled location. The property has a recently upgraded faade that seamlessly merges with Grass Valley's historic downtown aesthetic. The exposed rock wall running along the length of the building adds rustic charm, complemented by contemporary upgrades like newer flooring, roof, HVAC system, and modern lighting. The property currently houses a premium clothing boutique on a month-to-month basis, offering future owners the flexibility to use the property as they see fit. For those looking for a leased investment, the existing tenant has expressed interest in entering a long-term lease. The property is being offered at extremely competitive price per square foot ($287/SF) relative to its competitive which have traded in the mid $300/SF range. Grass Valley's downtown has benefited from recent capital investments like the exquisite renovations of the Holbrooke Hotel and The Center For The Arts, as well as the city's recent pedestrian-centric redesign of Mill St.