161 Mill Street
Grass Valley, CA, 95945
$
1,699,000
Bedrooms--
Baths--
Sq
19,904
Monthly Estimate*
$
10,461
for $1,699,000. This 19,904 square foot building was built in 1900 on a lot size of 0.28.
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.
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Features
General
Sewer
Public Sewer
Heating
Central
Cooling
Central
Utilities
Sewer Connected
Internet Available
Underground Utilities
Natural Gas Connected
Roof
Flat
Construction Materials
Brick
Stucco
Frame
Wood
Year Built
1900
Electric
Separate Electric Meter
Tenant Pays
Varies by Unit
Stories Count
4
Topography
Level
Levels
0
Property Subtype
Retail
Current Use
None
Location
Downtown
Business Type
Commercial
Other
County
Nevada
Property Type
Commercial Sale
Building 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
Close Price
0.0
Status
Active
Directions
Highway 49 to Neal St. To Mill St.
City
Grass Valley
Zoning Description
Commercial/Industrial
Number Of Units Total
1
MLS Area
13105
Lot Size Square Feet
12197.0
Structure Type
Mixed Use
Retail
Standard Status
Active
Year Built Source
Assessor Auto-Fill
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Interior
Flooring
Carpet
Combo of Materials
Wood
Linoleum
0
Office Area
0
Total Stories
0
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Exterior
Parking Features
Common Area Assigned
Water Source
Meter on Site
Public
Total Parking
0.0
Number of Buildings
0
Building Area Total
19904.0
Lot Size Acres
0.28
Lot Size Source
Assessor Auto-Fill
Road Frontage Type
City Street
Parking Ratio
0.0
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* Excluded Features
List By
Coldwell Banker Grass Roots Realty
Broker
Reyhamfam@gmail.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $10,461
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Commerical listings in Grass Valley, CA
Average List Price
$886,857
Percent of Sale Price
48%
About Grass Valley, CA
12,967
Population
7%
Since 2002
$
40,210
Median Income
41.53
Median Age
21%
Households with Children
Trends Information provided by ATTOM Data Solutions.
295416
Elementary School
295437
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
5/13/2026
|
$1,699,000
|
|
Listed Price
|