29,088 sqft

$2,850,000

870 Gold Flat Road, Nevada City CA, 95959

Price per sqft$97.98

Built in1985

Property size29,088 sqft

Property typeCommercial

Overview

Active

Listed Apr 20, 2026

Updated Jul 4

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.

Additional information

MLS^® ID: 226049007

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 6.38 Acres

Courtesy of Tucker Commercial, Tyson Tucker,
Listing Contact:

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