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$2,850,000
226049007 MLS
870 Gold Flat Rd is a 29,088 SF multi-tenant office/R&D/industrial building on 6.38 acres in Nevada City, CA. Priced at $2,850,000 ($97.97/SF), the property is offered at a significant discount to replacement cost and presents a compelling opportunity for owner-users or value-add investors. Currently 55% occupied with 2 long-term tenants in place Mini Mania (15+ years) and Ensemble Legacy (20+ years), both with deep operational roots and capital investment in the property the building produces ~$16,000/month in rental income with ~13,000 SF of high-quality office space available for immediate use. Flexible layouts include open office areas, private offices, vaulted ceilings, and a commercial kitchen. Infrastructure highlights include a high-capacity owned solar system, backup generator, ample parking, 3 roll-up doors, and strong site circulation. An owner-user could occupy the vacant space while offsetting costs with in-place income, or an investor could lease up the vacancy to achieve a pro forma cap rate of approximately 9.0%. The low-coverage site (FAR 0.19) also offers potential for additional development.

870 Gold Flat Road, Nevada City

Listing courtesy of Tucker Commercial.

$2,499,000
226014102 MLS
Historic school property originally built in 1937 for the children of gold miners who came and settled in the Mother Lode. The building has been renovated once in the 1950s and again in the 1970s. It features a 15,000 sf building on 5.5. acres of land. The building includes eight large (1,000 sf) classrooms with 12 foot ceilings, a multipurpose room with stage and a Kitchen. About 1-1/2 acres of graded land is suitable for playfields. A portion of the land slopes towards the freeway and is dotted with trees. The property fronts Highway 50 connecting Sacramento to South Lake Tahoe and beyond and is only an hour from South Lake Tahoe. The property is on 5 separate legal parcels. One of the parcels is zoned Limited Commercial and the others are zoned Community Commercial. Zoning allows for wide ranging uses such as Mixed use, Long term care facility, Specialized education and training, Bar, drinking establishments, Brewery, Recording studio, Hotel/Motel, Restaurant, Winery, Research laboratory, Church, Community Assembly, College, University, Outdoor sales, Animal sales, Kennels, Vet clinic, Commercial recreation, Indoor Entertainment, Sports, funeral and internment services, Maintenance and Repair and more. Versatile property suited for a corporate or Yoga, or other retreat

6290 Pony Express Trail, Pollock Pines

Listing courtesy of RE/MAX Gold.

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