For Sale
$2,700,000

848 Gold Flat RdNevada City, CA 95959

25,000 SF Flex Space, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 25,000-square-foot Class A industrial property in Nevada City, CA, presents a compelling value-add investment opportunity. Located at 848 Gold Flat Rd, this two-story, 1985-built building sits on a 7.71-acre lot and boasts 166 parking spaces, one loading dock with one dock-high door, and a 9-foot ceiling height. Currently at 10% occupancy, the property offers significant upside potential. The flexible-use building, zoned EC (Employment Center), is ideal for R&D, manufacturing, assembly, or office space. The existing tenant occupies approximately 2,500 square feet, with the remaining 22,500 square feet available for lease or purchase. The property features high-speed internet access and private showers. High-end partition walls and office furniture are available at no cost depending on lease terms. Two additional pad sites offer potential for future expansion. The serene setting is conveniently located just half a mile from Highways 49 and 20, and within walking distance of Pioneer Park and downtown Nevada City. This prime location offers easy access to both Sacramento and Reno/Tahoe markets, while enjoying the high quality of life in this desirable Sierra Nevada foothills town. The property's adaptable layout, with movable partitions and minimal columns, allows for cost-effective tenant improvements and ultimate flexibility in space planning. Spaces from 1,500 to 25,000 square feet are available. The asking price is $2,700,000 ($108/sq ft), with a NNN lease type.

Highlights

  • $2,700,000 asking price for a 25,000 SF industrial property.
  • Class A, 2-story flex building with 166 parking spaces on a 7.71-acre lot in Nevada City, CA.
  • NNN lease, 10% occupancy, offering spaces from 1,500 SF to the entire building.
  • Features include gigabit internet, loading dock, and private showers; high-end office furniture available.
  • Suitable for R&D, lab, manufacturing, assembly, and office uses; zoned EC (Employment Center).

Property Details for 848 Gold Flat Rd

Property type
Warehouses, Life science properties
Square Feet
25,000 SF
Class
A
Year Built
1985
Buildings
1
Stories
2
Lot Size (sq. ft)
335,848 SF
Units
1

Location Insight

City
Nevada City
County
Nevada
State
California
Latitude
39.24993773
Longitude
-121.0142419
848 Gold Flat Rd, Nevada City, California

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848 Gold Flat Rd
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