315 Spring Street, Nevada City, CA 95959 - Photo 1

1/1

$1,150,000

Sold
Closed
Multi-Family
2 Total Beds

1/1

Property Description

This historic Spring Street property is a remarkable, multifaceted property that serves as a cornerstone of downtown Nevada City. This expansive, almost 4000-square-foot building houses four thriving long term business tenants and has two residential studio rental units. Newer updates inside and out of all units, this is a turn key building with leases already established---great income producing property. Updates have been done in line with keeping the historic charm on the building, but with modern updates throughout. Each unit has their own utilities and is self contained. Includes a large parking lot in the back for the tenants and businesses all within walking distance to Broad Street.This iconic building, located in the heart of Nevada City, has been lovingly restored and upgraded to ensure it remains a vibrant part of the community for years to come.

Full Property Details

Full Property Details for 315 Spring St

General

Sold For: $1,150,000
Status: Closed
Type: Multi-Family
Source: METROLIST_Cali
MLS ID: 224111337
Added to Site: 471 day(s) ago

Interior

Flooring: Laminate, Vinyl, Wood

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 3
Half Bathrooms: 3

Bedrooms

Total Bedrooms: 2

Other Rooms

Kitchen: Other Counter
Dining Room: Other
Laundry: See Remarks

Parking

Parking: No Garage, Assigned, Private, Uncovered Parking Spaces 2+, Guest Parking Available, See Remarks

Location

County: Nevada
Cross Streets: S. Pine St.
Driving Directions: Broad St. to S. Pine St.

School Information

School District: Nevada

Heating & Cooling

Cooling Type: Window Unit(s)
Heating Type: See Remarks
Heating Fuel: See Remarks

Utilities

Sewer: Public Sewer
Water: Water District, Public
Utility Description: Public, Electric, Natural Gas Available

Structural Information

Construction: Wood Siding
Basement: Yes
Foundation: Combination, Raised, Slab
Roof: Metal
Stories/Levels: 2
Square Feet: 3,936
Sq. Ft. Source: Assessor Auto-Fill
Year Built: 1890

Lot Features

Property View: City, Downtown
Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,019
Irrigation System: None
Zoning: RETAIL TRD
Lot Description: Street Lights, Low Maintenance
Fencing (Description): Partial

Disclosures and Reports

Special Conditions: None
Restrictions: See Remarks
APN: 005-140-040-000

Listed and Sold by RE/MAX Gold

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Schools

Schools serving 315 Spring St

School Districts:Nevada Joint Union High School District, Nevada City Elementary School District

Name	Grades	Distance
Seven Hills Intermediate School 700 Hoover Lane, Nevada City, CA 95959	5-8	0.7 mi
Deer Creek Elementary School 805 Lindley Avenue, Nevada City, CA 95959	K-4	0.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 315 Spring St

Date

Details

Price

Change

Source

1/29/2025

Sold

$1,150,000

-17.86%

MLS

10/11/2024

Price Reduced

$1,400,000

-12.5%

MLS

10/05/2024

Listed

$1,600,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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315 Spring Street, Nevada City, CA 95959 (MLS# 224111337) is a Multi-Family property that was sold at $1,150,000 on January 29, 2025. Want to learn more about 315 Spring Street? Do you have questions about finding other Multi-Family real estate for sale in Nevada City? You can browse all Nevada City real estate or contact a Coldwell Banker agent to request more information.

315 Spring St Nevada City, CA 95959