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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

$ 1,088,000

Est. payment -/mo

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Price Dropped by $107.7M

114 Argall WAY Nevada City, CA 95959

0.56 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225139295

HOA Y/N No

Year Built 1977

Lot Size 0.560 Acres

Acres 0.56

Property Sub-Type Retail

Source MLS Metrolist

Property Description

For Sale Multi-Tenant Retail Investment - Nevada City, CA Pride of ownership is evident in this well-maintained, single-owner retail property located in the desirable 7 Hills Business District of Nevada City. Built in 1977 by the current owner, this six-unit neighborhood center has enjoyed consistent occupancy and strong tenant retention. The property features a diverse and complementary tenant mix, including a laundromat, dog groomer, hair salon, home dcor and design store, bulk refill shop, and trophy business all operating at market rent with solid tenancy and history. Each suite offers its own restroom, HVAC system, and dual access points, providing both functionality and convenience for tenants and customers alike. Recent improvements include a full exterior repaint, and the site offers ample on-site parking on a 0.56 acre parcel. The center benefits from excellent visibility and foot traffic, with direct access to SPD Market, restaurants, and surrounding retail and service businesses. This offering represents a rare opportunity to acquire a stable, income-producing asset in a sought-after Nevada City location. The property delivers approximately $77,000 in Net Operating Income (NOI), reflecting a 6.95% cap rate at the asking price.

Location

State CA

County Nevada

Area 13106

Direction Hwy 49 to Gold Flat Rd to Zion to Argall to PIQ

Location Details Neighborhood,Business Park,Freeway Nearby,Restaurant Nearby,Shopping Nearby,Hotel/Motel Nearby,Strip Center

Interior

Heating Central

Cooling Central

Flooring Concrete, Wood

Exterior

Parking Features Common Area Shared, Exclusive

Utilities Available Sewer Connected, Cable Connected, Internet Available, Natural Gas Connected

Water Access Desc Public

Roof Type Composition

Topography Level,Lot Sloped

Road Frontage City Street

Building

Lot Description Curbs/Gutters, Sidewalk

Story 1

Foundation Concrete

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 005-270-029-000

Special Listing Condition Trust

Listed by Barrett & Associates

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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