419 Spring Street Nevada City, CA 95959
Listing Courtesy of: TAHOE SIERRA BOARD OF REALTORS / Coldwell Banker Realty / Susan "Sue" Daniels

  419 Spring Street Nevada City, CA 95959

Active (156 Days)
$729,000

Description

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 owners 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.

MLS #:
20232156
Lot Size
2,614 SQFT
Type
Multifamily
Year Built
1984
Style
Other
Views
Mountain, City, River/Creek, Downtown
County
Nevada County

Listed By

Susan "Sue" Daniels, DRE #01066252 CA, Coldwell Banker Realty
Source
TAHOE SIERRA BOARD OF REALTORS
Last checked May 2 2024 at 1:00 AM GMT+0000
Bathroom Details
Lot Information
  • Downslope
  • Varies
Property Features
  • Foundation: Perim Concrete
Heating and Cooling
  • Natural Gas
Exterior Features
  • Frame
  • Other
  • Roof: Composition
Utility Information
  • Utilities: Utility District
  • Sewer: Utility District
  • Fuel: Gas
Garage
  • See Parking Desc
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Tahoe Sierra Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/1/24 18:00