Owned Free and Clear

19881 California 88 Pine Grove, CA 95665

19881 California 88, Pine Grove, CA, 95665
19881 California 88, Pine Grove, CA, 95665
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$999,999
Last Verified:
Mar 22, 2025

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Highlights

  • 5,317 SF building
  • 40 storage units (sizes vary)
  • 5 office/retail spaces
  • 2 residential apartments
  • Highway 88 street frontage
  • Built in 1993
  • Renovated in 2017
  • Zoned Commercial
  • Mixed Use property
  • Prime Pine Grove location

Description

Prime commercial investment opportunity in the heart of Pine Grove, CA! This meticulously maintained property is perfectly situated right off Highway 88, offering excellent street frontage and high visibility. Spanning 0.88 acres, this versatile property boasts 5,317 sq. ft. of office, retail, apartment, and restaurant space, along with 40 income-generating storage units.
The restaurant space is newly vacant, up to code, freshly painted, and ready for its next tenant. Above the restaurant, you’ll find a spacious one-bedroom apartment. Additionally, an office space has been beautifully converted into a one-bedroom apartment, creating even more rental income potential. The property includes a dance studio, two fully leased medical offices with long-term tenants, and two vacant office spaces ready to be leased or customized to fit your needs.
With multiple revenue streams, an unbeatable location, and a well-cared-for infrastructure, this is an incredible investment opportunity. Whether you're looking to expand your portfolio or establish a business in a prime commercial hub, this property offers endless possibilities. Don't miss out—schedule your private showing today!

Discover the potential of the Pine Grove Business Complex in the charming town of Pine Grove, CA. Surrounded by the natural beauty of the Sierra Nevada foothills, this location offers a serene and inspiring setting for commercial investment. Nearby, investors will find opportunities for outdoor recreation at the Mace Meadows Golf Course and Pine Grove Park. The property enjoys convenient access to historic downtown areas and local businesses, providing a perfect blend of a peaceful atmosphere and business vitality. Explore the possibilities for your restaurant, office or office building investment in this thriving, picturesque community.


Year Built: 1993
Building Size: 5317sq ft
Building Class: B
Lot Size: 0.88 acres


Documents

Brochure (P)

Map of 19881 California 88, Pine Grove, CA, 95665

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.