$600,000
$685,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
419 Spring Street Nevada City, CA 95959
2,856 SqFt
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,856 sqft
Price per Sqft $210
Subdivision Surroundingarea
MLS Listing ID 20232156
Sold Date 12/20/24
Style OTHER
Year Built 1984
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 56x43
Property Sub-Type Multi Family
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
Interior
Interior Features Restrooms
Heating Natural Gas
Exterior
Fence Fenced
Utilities Available Natural Gas Available
Roof Type Composition
Topography Downslope,Varies
Building
Lot Description STREET, High Traffic Location, High Visiblity
Foundation Concrete Perimeter
Sewer Utility District
Water Utility District
Architectural Style OTHER
New Construction No
Others
Tax ID 005120026000
Acceptable Financing Conventional, Submit
Listing Terms Conventional, Submit
Financing Seller Financing
Special Listing Condition Standard
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