Property Details
About this Property
107 Bank Street offers a rare opportunity to acquire a 4,247 SF historic retail building in the heart of downtown Grass Valley, 100% occupied by Booktown Books a well-established cooperative of independent booksellers with approximately 20 years of continuous tenancy at this location. A five-year Modified Net Lease executed in January 2025 delivers a 7.16% going-in cap rate with 3% annual rent escalations and a blended 7.43% average cap rate over the initial term; the tenant reimburses property taxes and insurance, and each cooperative member has personally guaranteed the lease, providing uncommon credit strength. Built in 1922, the building features soaring 18-ft ceilings with true-dimension wood trusses, exposed concrete walls, five private offices on a partial second story, and restrooms on each level. Situated on a corner lot with frontage on Bank and Auburn Streets, the property is directly adjacent to Union Square Municipal Parking and steps from the Mill Street Pedestrian Plaza. Zoned Town Core for maximum commercial flexibility, this is a well-located, income-producing asset with strong lease fundamentals and distinctive historic character. APN: 008-372-003-000.
MLS Listing Information
MLS #
ME226047440
MLS Source
MetroList Services, Inc.
Days on Site
3
Commercial Information
# Buildings / # Units
0 / 1
Parking Spaces
0
Present Use
Retail
Utilities
Water - Public
Interior Features
Flooring
Other
Cooling
Other
Heating
Other
Exterior Features
Roof
Flat
Foundation
Other
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
TC-H
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
107 Bank St is a Commercial Sale in Grass Valley, CA 95945. This 4,247 square foot property sits on a 4,356 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,100,000 and was built in –. This address can also be written as 107 Bank St, Grass Valley, CA 95945.
©2026 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of April 17, 2026. For the most current information, please contact Tyson Tucker, (530) 470-6090
