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$2,850,000

For Sale

4 hours ago

870 Gold Flat Rd, Nevada City, CA

House

MLS® 226049007

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1985
MLS® Number 226049007

Property Address: 870 Gold Flat Rd, Nevada City, CA, 95959-3200

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number226049007
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1985
Basement
DrivewaySee Remarks
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 20, 2026List Date
$2,850,000List Price
  • Commute

Commute

Starting Address
Destination Address
870 Gold Flat Rd, Nevada City, CA

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