419 Spring Street Pending

Nevada City,CA 95959

$ 685000

- Bed

- Bath

2856 SqFt


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

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