Nevada City Homes with Research & Development Property Subtype

Welcome to Nevada City, California, a hidden gem nestled in the Sierra Nevada foothills. Known for its rich Gold Rush history, charming Victorian architecture, and vibrant arts scene, Nevada City offers a unique blend of small-town charm and modern amenities. With its picturesque streets lined with boutiques, cafes, and galleries, residents enjoy a lifestyle that celebrates creativity and community.

For those looking to invest in a home that doubles as a hub for innovation, Nevada City presents a unique opportunity with its Research & Development property subtype. These homes are not only designed for comfort and style but also equipped for those who wish to engage in cutting-edge projects, whether in technology, the arts, or sustainable living. Imagine living in a home that inspires creativity while providing the perfect space for your research endeavors.

The surrounding natural beauty of Nevada City is an added bonus, with access to hiking trails, rivers, and stunning vistas that encourage an active outdoor lifestyle. The community is known for its commitment to sustainability and innovation, making it a perfect match for R&D enthusiasts.

In Nevada City, you’re not just buying a home; you’re investing in a lifestyle that fosters growth, creativity, and connection. Whether you're a budding entrepreneur or an established innovator, the homes here offer the perfect backdrop for your next big idea. Discover the charm of Nevada City and explore the possibilities that await you in this dynamic community!

Newest Nevada City Homes with Research & Development Property Subtype

$2,850,000

226049007 MLS

870 Gold Flat Rd is a 29,088 SF multi-tenant office/R&D/industrial building on 6.38 acres in Nevada City, CA. Priced at $2,850,000 ($97.97/SF), the property is offered at a significant discount to replacement cost and presents a compelling opportunity for owner-users or value-add investors. Currently 55% occupied with 2 long-term tenants in place Mini Mania (15+ years) and Ensemble Legacy (20+ years), both with deep operational roots and capital investment in the property the building produces ~$16,000/month in rental income with ~13,000 SF of high-quality office space available for immediate use. Flexible layouts include open office areas, private offices, vaulted ceilings, and a commercial kitchen. Infrastructure highlights include a high-capacity owned solar system, backup generator, ample parking, 3 roll-up doors, and strong site circulation. An owner-user could occupy the vacant space while offsetting costs with in-place income, or an investor could lease up the vacancy to achieve a pro forma cap rate of approximately 9.0%. The low-coverage site (FAR 0.19) also offers potential for additional development.

870 Gold Flat Road, Nevada City

Listing courtesy of Tucker Commercial.

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