100 Union Street

    Nevada City, CA 95959
    • $3,200,000
    • STATUS: Active
    • ON SITE: 161 days
    • MLS #: 19030488
    UPDATED: 29 min ago
    $3,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2008
    County:
    Area:

    School Ratings & Info

    Description

    The building features 3 retail spaces totaling 3,696 SF which are currently leased at a blended rental rate that is 13% below current market rents, 5 office units totaling 6,549 SF which are currently leased out to 3 tenants at a blended rental rate 21.59% below market, and a 721 SF one bedroom, one bathroom luxury apartment. The mixed-use nature of the Project allows a diversified income stream and ability to roll rents to market as leases expire

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    © 2019 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2019-10-16T12:38:51.41. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.norcalhomepros.com/homes/94505034

    100 Union Street Nevada City, CA 95959

    • Price: $3,200,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 19030488
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2008
    Built
    Neighborhood:
    Nevada City
    County:
    Nevada
    Area:
    Nevada City
    Property Description
    The building features 3 retail spaces totaling 3,696 SF which are currently leased at a blended rental rate that is 13% below current market rents, 5 office units totaling 6,549 SF which are currently leased out to 3 tenants at a blended rental rate 21.59% below market, and a 721 SF one bedroom, one bathroom luxury apartment. The mixed-use nature of the Project allows a diversified income stream and ability to roll rents to market as leases expire
    Exterior Features

    Construction Frame Door None Exterior BrickConcrete/Basalite Location Freeway ExposureHotel/Motel NearbyRestaurant Nearby Miscellaneous Features Indv Thrmostat Cntrl Parking GarageUnderground Roof Metal Stories 2 Story

    Interior Features

    Air CentralMultiunitsMultizone Floor Carpet PartialConcrete SlabTileWood Heat CentralMultiunitsMultizone Loading Other-Attch Sq Ft Space1 0 Sq Ft Space2 0 Sq Ft Space3 0 Sq Ft Space4 0

    Property Features

    Amenities 1 Restroom Per UnitElevator Commercial Type Mixed Use Income Other-Rmks Lease Terms Lease Gross Other Expenses Maint Landscape Price Per Sq Ft Space1 0.00 Price Per Sq Ft Space2 0.00 Price Per Sq Ft Space3 0.00 Price Per Sq Ft Space4 0.00 Special Listing Condition None Tenant Pays Electric Transaction Type Sale Year Lease Space1 0 Year Lease Space2 0 Year Lease Space3 0 Year Lease Space4 0 Zoning 52A

    Listing provided courtesy of Coldwell Banker Grass Roots Realty. Listing information © 2019 MetroList Services, Inc.


    © 2019 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2019-10-16T12:38:51.41. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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