246 S Church Street, Grass Valley, CA

Others for Sale - $695,000 - 5,458 Sq. Ft.


Agent Info

Jon Blinder
Coldwell Banker Commercial Grass Roots Realty

Property Info

CIMLS#1187091
Location
  246 S Church Street
  Grass Valley CA 95945
UpdatedFebruary 2nd, 2026
TypeOthers
Price$695,000
Building5,458 Sq. Ft.

Property Description

246 South Church Street is a 5,464 square foot mixed-use building located within the downtown Grass Valley core, approximately three blocks from the Mill Street Plaza. The property has most recently been used as a church and benefits from an in-place Conditional Use Permit (CUP) allowing church / assembly use, providing an established land use entitlement. The building consists of 3,912 square feet on the main level and 1,551 square feet on the upper level. The property has been well maintained and features a flexible floorplate that supports a variety of adaptive reuse strategies. The site is zoned NC-Flex, permitting a broad range of commercial and residential uses. In combination with the existing CUP, the property offers meaningful flexibility for continued assembly use or conversion to alternative uses within the downtown core. Preliminary conceptual plans have been prepared illustrating a potential three-unit multifamily configuration, including: One (1) one-bedroom / one-bath unit totaling approximately 1,765 SF One (1) three-bedroom / two-bath unit totaling approximately 2,500 SF One (1) three-bedroom / one-bath unit totaling approximately 1,590 SF The conceptual design includes on-site parking and a large private rooftop deck for one unit, enhancing residential appeal and long-term marketability. The property is being offered at $695,000, equating to approximately $127 per square foot, representing an attractive cost basis that supports redevelopment and value creation. The combination of NC-Flex zoning, an in-place Conditional Use Permit, and a competitive cost basis positions the property to accommodate a range of ownership strategies, including multifamily housing, mixed-use redevelopment, or continued use as a church or assembly facility, within the downtown Grass Valley core.


Financials


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