Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
19,904 sqft

$1,699,000

161 Mill Street, Grass Valley CA, 95945

Price per sqft$85.36
Built in1900
Property size19,904 sqft
Property typeCommercial

Overview

Active

Listed May 12, 2026

Updated Jul 4

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.

Additional information

MLS® ID
226058051

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.28 Acres
MLS provider logo

Courtesy of Coldwell Banker Grass Roots Realty, Lori Reynolds-Hamilton,
Listing Contact:  

Data maintained by METROLIST® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise 'any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination.' This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. 

©2026 METROLIST®. All rights reserved.

Data last updated 3:32 AM UTC

 

Powered by Luxury Presence