Property Details
About this Property
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.
MLS Listing Information
MLS #
ME225139295
MLS Source
MetroList Services, Inc.
Days on Site
3
Commercial Information
# Buildings / # Units
1 / 6
Parking Spaces
0
Present Use
Retail
Utilities
Natural Gas Available, Water - Public
Interior Features
Flooring
Concrete, Wood
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Composition
Foundation
Slab
Parking, School, and Other Information
Sewer
Public Sewer
Water
Other, Public
Zoning
LB SC NevCty
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 6 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
104 Argall Way is a Commercial Sale in Nevada City, CA 95959. This 7,800 square foot property sits on a 0.56 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,088,000 and was built in –. This address can also be written as 104 Argall Way, Nevada City, CA 95959.
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This listing information is up-to-date as of November 03, 2025. For the most current information, please contact Amelia Barrett, (530) 362-7072
