107 Bank Street

Tucker Commercial is pleased to offer for sale 107 Bank Street, a 4,247 SF retail building located in the heart of downtown Grass Valley. The property is 100% occupied by Booktown Books, a cooperative of independent booksellers that has operated at this location for approximately 20 years.

A five-year Modified Net Lease was executed in January 2025, providing investors with a 7.4% going-in cap rate with scheduled 3% annual increases.

Constructed in 1922 on a 0.102-acre parcel, the building blends historic charm with striking architectural features. The ground-floor retail space showcases soaring 18-foot ceilings, dramatic true-dimension wood trusses, and exposed concrete walls that create a distinctive and highly desirable retail environment. The partial second story includes five private offices (sub-leased by Tenant), adding functional versatility to the space.

The property directly connects to the Union Square Municipal Parking Lot, the largest public parking facility in Grass Valley, and sits just steps from the newly renovated Mill Street Pedestrian Plaza, a walkable retail corridor that has become a centerpiece of the city’s revitalized downtown. Zoned Town Core, the site provides maximum flexibility for a broad range of commercial uses.