870 Gold Flat Road, Nevada City, CA 95959
- $2,850,000
- List Price
- $2,850,000
- MLS#
- 226049007
- Status
- ACTIVE
- Type
- Single Family Residential
- Zip
- 95959
- City
- Nevada City
Property 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.
/u.realgeeks.media/greensidepropertiescalifornia/logo_hor.png){kind=logo}
Additional Information
- Land Area (Acres)
- 6.38
- Year Built
- 1985
- Subtype
- Research & Development
- Construction
- See Remarks
- Garage
- See Remarks
- Floor Coverings
- See Remarks
- Cooling
- See Remarks
- Heat
- See Remarks
- Water
- Public
- Utilities
- Sewer Connected
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Tucker Commercial.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .