Off Market

104 Argall Way, Nevada City, CA 95959

$1,088,000(Negotiable)
$1,088,000(Negotiable)
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Overview

ID
3479874
Type
Retail
Parking
No
Build Year
1977
Purpose
For Sale

About This Listing

For Sale Multi-Tenant Retail Investment – Nevada City, CA Pride of ownership is evident in this well-maintained, retail property located in the desirable 7 Hills Business District of Nevada City. Built in 1977, 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 or slightly below market rent with solid tenancy and history. Each suite offers its own restroom, HVAC system (except 114 which has a swamp cooler), 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.

Last checked: 4 hours ago
Listing updated: February 27, 2026, 7:25 pm
Listed By: Amelia R Barrett, Barrett & Associates
Source: MLS Metrolist, MLS#:225139295

Map Location

104 Argall Way,95959,Nevada City,Nevada,CA

Walk Score

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MetroList CA data Last Updated: February 27, 2026, 7:25 pm
Data Source: SACM
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