419 Spring Street, Nevada City, California

$729,000

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2,856

Square feet

0.06

Acres

About 419 Spring Street

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, fresh exterior 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 couple of vacancies 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.

Features of 419 Spring Street

MLS® # 20232156
Price $729,000
Square Footage 2,856
Acres 0.06
Year Built 1984
Type Income
Sub-Type 4+ Units
Style Other
Status Active

Community Information

Address 419 Spring Street
Area Out Of The Area-11o
Subdivision SurroundingArea
City Nevada City
County Nevada
State California
Zip Code 95959

Amenities

Features Fenced, High Traffic Location, High Visiblity, High Frontage, Restrooms
Parking None
View Mountain, City, Downtown, River/Creek

Interior

Heating Natural Gas
Stories THREE

Exterior

Lot Description 56x43
Roof Composition
Construction Frame, Other
Foundation Perim Concrete

Additional Information

Date Listed November 28th, 2023
Days on Market 85
Zoning commercial/resi
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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