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100 Union Street $3,200,000

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    100 Union Street Nevada City, CA 95959

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    $3,200,000

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    • Commercial
    • MLS# 19030488
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    Views: 7

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    Property Details

    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

    • General Features
      • Lease Terms Lease Gross
      • Other Expenses Maint Landscape
      • Year Built 2008
      • County 52A
    • Building Features
      • Air Conditioning Central, MultiUnits, MultiZone
      • Heat Central, MultiUnits, MultiZone
      • Amenities 1 Restroom Per Unit, Elevator
      • Construction Frame
      • Door None
      • Miscellaneous Indv Thrmostat Cntrl
      • Loading Other-Attch
      • Roof Description Metal
      • Floor Carpet Partial, Concrete Slab, Tile, Wood
      • Exterior Brick, Concrete/Basalite
    • Property Features
      • Location Freeway Exposure, Hotel/Motel Nearby, Restaurant Nearby
      • Parking Garage

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    Neighborhood

    95959 (Nevada City) Demographics

    53 Median Age
    71 Population Density (per sq. mile)
    52% College Educated
    $59,446 Estimated Median Income
    5,484 Estimated Total Home Owners
    1,703 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    17,534 Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $3,200,000
    5/7/2019 3:45:00 PM New in Database Source

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    Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 1/27/2020 4:20:06 PM. 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. Terms of Use