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  1. Commercial Properties
  2. CA
  3. Grass Valley

161 Mill St

For Sale

161 Mill St, Grass Valley, CA 95945

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.

Building Details

  • For Sale $1,699,000
  • Property Type Other
  • Property Size 19,904 SF
  • Additional Rent Price on request
  • Year Built 1900
  • Date Updated Aug 20, 2026
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Contacts

broker
Lore Reynolds-Hamilton

Coldwell Banker Commercial Grass Roots Realty

Location

  • City Grass Valley, CA
  • Zip Code 95945
  • Map
  • Street
  • Walk score 94/100 Walker's Paradise
  • Bike score 46/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

76

0.06 miles

Chevron

0.17 miles

Shell

0.91 miles

Quik Stop

0.93 miles

Tesla Supercharger

1.22 miles

Arco

1.87 miles

Speedway

1.95 miles

Cardlock: 133 Lower Grass Valley Road

2.84 miles

Grass Valley Park And Ride

0.13 miles

Willo parking

3.53 miles

Cascade Canal Trail Parking

3.81 miles

Penn Valley Road Park And Ride

5.73 miles

Coyote Outlook Trailhead

7.63 miles

Pleasant Valley Park And Ride

7.63 miles

North Lot Bridgeport

8.71 miles

South Yuba River State Park

8.73 miles

South Yuba Trailhead

9.88 miles

Stevens Trail Parking Lot

9.92 miles

Cafe Tara

0.02 miles

Marshall's Pasties

0.04 miles

KJ's Pizza & Deli

0.05 miles

Watershed at the Owl

0.05 miles

Sergio's

0.09 miles

MeZe Eatery

0.10 miles

Domino's

0.10 miles

Tribal Weaver

0.10 miles

Elixart

0.14 miles

Tofanelli's

0.14 miles

Safeway

0.10 miles

BackPorch Market

0.18 miles

Natural Selection

0.68 miles

Raley's

1.05 miles

Pine Creek Shopping Center

1.08 miles

JCPenney

1.12 miles

McKnight Crossing Shopping Center

1.27 miles

Briar Patch Food Co-Op

1.31 miles

SPD Market

1.32 miles

Target

1.33 miles

Grass Valley Police Department

0.11 miles

LHI COVID Testing

0.27 miles

Grass Valley Fire Department Station 1

0.52 miles

GNC

1.07 miles

Sierra Nevada Memorial Hospital

1.09 miles

Grass Valley Fire Department Station 2

1.38 miles

Rite Aid

1.87 miles

Walgreens

1.94 miles

Yubadocs Urgent Care

1.96 miles

Ophir Hill Fire Protection District Station 52

2.47 miles

Listing Summary

  • What is the asking price at 161 Mill St?

    161 Mill St is currently listed for sale at Price on request.

  • What is the total size of 161 Mill St?

    161 Mill St has a total of 19,904 square feet.

  • What is the year built for 161 Mill St?

    The year built for 161 Mill St is 1900.

Contact Lore Reynolds-Hamilton
broker
Lore Reynolds-Hamilton

Coldwell Banker Commercial Grass Roots Realty

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