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$ 685,000
Est. payment /mo
Pending
419 Spring Street Nevada City, CA 95959
2,856 SqFt
UPDATED:
11/18/2024 04:44 PM
Key Details
Property Type Multi-Family
Sub Type 4+ Units
Listing Status Pending
Purchase Type For Sale
Square Footage 2,856 sqft
Price per Sqft $239
MLS Listing ID 20232156
Year Built 1984
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Easy to maintain and easy to operate in the charming and historic town of Nevada City. Located in the fabulous foothills of California and historic gateway to the Sierras, this commercial /mixed use complex at 419 Spring Steet in Nevada City, CA. exemplifies an investment owner?s dream: a-blend of historic charm with more current construction and functionality. Built in 1984, this well-maintained 2,856 sq ft (approx.) multi-tenant office building captures the timeless allure of Nevada City. Situated on a .06 acre city lot within the General Business/Historic District, this property has investment upside plus true pride of ownership. Enjoy close proximity to cultural events, restaurants, cafes, shopping, and this incredibly vibrant community. Known as the ?Agar Building?, the owners have taken time to upgrade the property within the historic zoning regulations. The new owner can enjoy the benefit of the recent upgrades (including newly replaced exterior low maintenance product, fresh painting, several new windows and updated roof) that all reflect Nevada City's quaint style and historic architecture. This location with its flexible zoning allows for office, residential, hotel/motel, and much more. What makes 419 Spring St valuable is that it is mostly occupied with flexible term leases AND the sellers have reserved a vacant unit to allow a buyer to move in right away with their own business and ideas. Historic uses have included up to seven professional tenants, mostly served with long-term leases, who have made up a nice and diverse tenant mix. Whether you are a business owner looking for a new location, an entrepreneur with vision, or seeking steady income as an investor, 419 Spring St embodies Nevada City's enduring charm, inviting you to become part of its living history.
Location
State CA
County Nevada
Community Surroundingarea
Area Out Of The Area-11O
Zoning commercial/resi
Interior
Heating Natural Gas
Exterior
Parking Features None
View Mountain, City, River/Creek, Downtown
Roof Type Composition
Topography Downslope,Varies
Building
Lot Description STREET
Story 3
Foundation Perim Concrete
Sewer Utility District
Water Utility District
Others
Acceptable Financing submit, seller financing subject to terms acceptab
Listing Terms submit, seller financing subject to terms acceptab
Listed by Sue Daniels • Coldwell Banker Realty
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