21 E Gridley Rd, Gridley, CA for sale

Investment Overview

Rare opportunity to own a brand-new, never-occupied commercial building in the heart of Gridley's primary retail corridor. Situated at the signalized intersection of East Gridley Road and Golden State Highway (Highway 99), this ±3,002 SF, single-story building sits on a ±0.316-acre corner lot with excellent visibility and steady traffic flow, surrounded by an established trade area anchored by Rite Aid, Safeway, 7-Eleven, and Casa Lupe Market, Bakery & Taqueria. Built in 2019 and delivered shell-complete, the building is divided into three individual units, each with its own restroom and an open floor plan ready for tenant improvements. One unit (±980 SF) is currently pending lease, offering a buyer immediate in-place income potential alongside two additional units (±1,042 SF and ±980 SF) available to lease, owner-occupy, or build out. Zoned C-2 Commercial, the property accommodates a wide range of retail, office, or service uses. With ample on-site paved parking, corner frontage, and proximity to Orchard Hospital and Manuel Vierra Municipal Park, 21 East Gridley Road is well-suited for an owner-user, a multi-tenant investor, or a buyer looking to combine units into a single larger space.

Investment Highlights

• Purchase price: $1,200,000 (±$400/SF)
• ±3,002 SF new construction (built 2019), single story
• Three units — one pending lease, two available (lease, owner-occupy, or combine)
• Signalized corner lot at Golden State Hwy (Highway 99) & E. Gridley Rd
• Zoned C-2 Commercial
• ±0.316 AC lot (±13,764 SF), APN 010-210-009
• Ample on-site paved parking with accessible stalls
• Steps from Rite Aid, Safeway, 7-Eleven, and Casa Lupe Market, Bakery & Taqueria