Prime Low Coverage Multi-Tenant Office/R&D Asset with In-Place Income Perfect For Owner-User or Value-Add Investor Coldwell Banker Commercial Grass Roots Realty is pleased to present 870 Gold Flat Rd, 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, the property produces ~$16,000/month in rental income with ~13,000 SF of high-quality office space available for immediate use. 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%. Investment Highlights: - 29,088 SF on 6.38 acres - Offered at $97.97/SF - ~13,000 SF available for immediate occupancy - 2 long-term tenants in place generating stable income - Flexible layouts with open office areas, private offices, vaulted ceilings, and a commercial kitchen - High-capacity owned solar system + backup generator - Ample parking, 3 roll-up doors, and strong circulation - Potential for additional development on low-coverage site (FAR 0.19) Tenants include Mini Mania (15+ years) and Ensemble Legacy (20+ years), both with deep operational roots and capital investment in the property.