4026 Grass Valley HwyAuburn, CA 95602

Property Details for 4026 Grass Valley Hwy

Year built

1947

Lot size

0.98 AC

Property size (Sq ft)

3,642 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional investment opportunity presents two single-story commercial buildings totaling 3,642 square feet situated on a 0.98-acre lot in Auburn, California. The property, located at 4026-4044 Grass Valley Highway (Highway 49), boasts a prime location with high visibility and traffic counts. Currently vacant, this multi-tenant property offers significant potential for owner-users or investors. The buildings, constructed in 1947, are classified as Class C and zoned C2-DC, allowing for a variety of uses. The property features four units, ideal for a variety of retail or office configurations. The asking price is $990,000, representing a price per square foot of $271.83 and a 5.17% capitalization rate based on a Net Operating Income (NOI) of $51,191. The property includes a sizable yard area, adding to its versatility. Previous uses include restaurant and storefront operations, making it suitable for a second-generation restaurant or similar business. The property's location on Highway 49, near Dry Creek Road, offers excellent access and exposure to a large customer base. The property's potential extends to auto sales, given its ample space and highway visibility. This is a rare opportunity to acquire a well-located commercial property with significant upside potential in a thriving market. The APN is 076-061-034. The lease type is gross.

Location Insight

City

Auburn

County

Placer

State

California

Latitude

38.9573

Longitude

-121.101

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].