- For Sale $1,149,000
- Property Type Retail
- Year Built 1978
- Date Updated May 19, 2026
Description
Great investment opportunity. 8 units, 7200 sq. ft total, 2 parcels totaling 34,848 sq ft+/-. .80 +/- acre with high visibility and great tenants. Individual bathrooms and HVAC systems. 40 parking spaces including 6 covered carport spaces. City sewer, water and natural gas. Excellent location and proximity to Hwy 49, Hwy 20 and Historic Nevada City. Pride of ownership in this well-maintained property. Excellent opportunity for owner-occupant. 2026 Proforma: $83,038.00 in Net Operating Income (NOI) at 7.2% Cap Rate, Proforma numbers are based on 93.8% occupancy. Owner pays city sewer & water
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Contacts
Kathy Papola
Coldwell Banker Commercial Grass Roots Realty
Location
Contact Listing Broker
Kathy Papola
Coldwell Banker Commercial Grass Roots Realty