$685,000 Price Analysis    ♡   Nevada City, CA 95959 Unknown bed 0 bath 2,856 SqFt ($239/SqFt) 2,614SqFt lot. Built 1984 Listed 2023-11-30, Taxes $5,942 | ✓ USDA Eligible near Nevada City, CA Restrictions may apply due to home size |
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 histric 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 al low 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.
Presented by Sue Daniels at
Coldwell Banker Realty.
Property MLS #20232156 from TahoeSierra
Lot Size Acres: 0.06
Lot Size Dimensions: 56x43
Lot Size Square Feet: 2614
High Traffic Location
High Visiblity
High Frontage
Restrooms
Source Listing Status: ACTIVE
County: Nevada
Directions: Historic district Nevada City, drive by- call for appointment- do not bother tenants.
Source Property Type: INCOME
Area: OUT OF THE AREA-11O
Source Neighborhood: SurroundingArea
Parcel Number: 005-120-026-000
Subdivision: SurroundingArea
Zoning: commercial/resi
Property Subtype: 4+ Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $416,072 + $138,677 $554,749 | $5,942 |
| 2021 | $407,914 + $135,958 $543,872 | $5,807 |
| 2020 | $403,732 + $134,564 $538,296 | $5,799 |
| 2019 | $395,816 + $131,926 $527,742 | $5,685 |
| 2018 | $388,055 + $129,340 $517,395 | $5,578 |
| 2017 | $380,447 + $126,804 $507,251 | $5,475 |
| 2016 | $372,988 + $124,318 $497,306 | $5,277 |
| 2015 | $367,386 + $122,451 $489,837 | $5,206 |
| 2014 | $360,190 + $120,053 $480,243 | $5,129 |
| 2013 | $358,563 + $119,511 $478,074 | $5,045 |
| 2012 | $351,533 + $117,168 $468,701 | $4,986 |
| 2011 | $342,066 + $114,013 $456,079 | $4,944 |
| 2010 | $342,066 + $114,013 $456,079 | $4,902 |
| 2009 | $342,879 + $114,284 $457,163 | $4,893 |
| 2008 | $336,156 + $112,044 $448,200 | $4,771 |
| 2007 | $329,565 + $109,848 $439,413 | $4,642 |
$685,000
TahoeSierra
Listed 2023-11-30
$729,000
TahoeSierra
Sold 1991-03-13
$188,000
Public Record
Sold 1990-10-29
$320,000
Public Record
Year Built: 1984
Construction Materials: Frame
Foundation Details: Perim Concrete
Property Age: 40
Property Condition: finished
Roof: Composition
Levels or Stories: 3
Year Built Details: 20+ YEARS
Sewer: Utility District
Water Source: Utility District
Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.