Prime Investment Opportunity in Pine Grove's Heartland!Discover the potential of this exceptional property located in a thriving pine grow location along Highway 88. With its central positioning, this property boasts 9 units, most with established long-term tenants, ensuring stability and consistent income. Ample parking space enhances convenience for tenants and visitors alike.Situated directly across from Pine Grove School, Munnerlyn Ice Cream, and the renowned Amador Brewery, this location offers unparalleled visibility and accessibility.
Great investment opportunity! Rare chance to own 10,000 sq ft of commercial buildings along heavily traveled highway 88 with all spaces rented. Six total units include 1 unit at 3,000 sq ft, 1 unit @ 2,000 sq ft, 3 units @ 1500 sq ft, and 1 unit @ 500 sq ft. All units include a separate bathroom, with exception of one. Great highway exposure for businesses and plenty of open parking available. Pine Grove is located along the corridor connecting visitors from the valley to the sierra foothills and is home to just over 2,000 residents. Don't miss this opportunity to be own a piece of this charming town.
The median home value in Pine Grove, CA is $450,000. This is higher than the county median home value of $392,800. The national median home value is $338,100. The average price of homes sold in Pine Grove, CA is $450,000. Approximately 73.94% of Pine Grove homes are owned, compared to 11.92% rented, while 14.14% are vacant. Pine Grove real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pine Grove real estate agent to arrange a tour today!
Pine Grove, California has a population of 2,864. Pine Grove is more family-centric than the surrounding county with 26.41% of the households containing married families with children. The county average for households married with children is 24.08%.
The median household income in Pine Grove, California is $75,169. The median household income for the surrounding county is $69,955 compared to the national median of $69,021. The median age of people living in Pine Grove is 57.3 years.
The average high temperature in July is 91.9 degrees, with an average low temperature in January of 36.3 degrees. The average rainfall is approximately 42.2 inches per year, with 4.6 inches of snow per year.