Like-new Downtown Retail Building w/ Commercial Kitchen

214 Broad Street Nevada City, CA 95959

214 Broad Street, Nevada City, CA, 95959
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FOR SALE
Property Type:
Street Retail
Amount:
$598,000
Last Verified:
Oct 08, 2024

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Highlights

  • Move-in Ready Downtown "Main Street" Restaurant or Retail Building
  • Complete "Studs-up" Renovation in 2020, including New Commercial Kitchen.
  • +-$400,000 of Improvements including Generator Backup and Roof Mounted Solar.
  • Prime Broad Street Location across from New National Exchange Hotel.
  • Perfect for Restaurant or other Food/Drink Establishment.

Description

Price reduced!! A like-new fully renovated Main Street restaurant building of approximately 1690 SF (including private patio in rear) in an unrivaled Broad Street location in the heart of historic Downtown Nevada City directly across from the new National Exchange Hotel - move-in ready condition for owner/user! This property was completely renovated in 2019-20 with approximately $400,000 worth of improvements including all new electrical, plumbing, sewer, HVAC, whole-building generator, roof mounted solar, insulation, fire alarm, framing, flooring, ceiling, LED lighting, ADA restroom, windows, doors, exterior paint/fascia and a first class commercial kitchen complete with Ansul hood system, dish/prep/handwashing sinks, comm. dishwasher, grease trap, water heater and more. This is a rare Main Street commercial building in superb condition perfect for a restaurant or other food/drink/retail operation. Property also available for Lease.


Nevada City is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento. The region is located below the snow line and above the fog for the perfect 4-season climate. It lies within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacramento & UN Reno) and 2 international airports (Sacramento & Reno). Nevada County’s economy has effectively transitioned from mining/logging/construction to video technology, digital media and other high-tech industries, balanced by national caliber arts and entertainment sectors. With superb schools and multiple national awards relating to unbeatable quality of life, the Grass Valley/Nevada City region continues to attract residents and businesses from nearby Sacramento and the SF Bay Area.

Broad Street is the heart of Nevada City's award-winning historic district, which is listed on the National Register of Historic Places. It is considered to be among the best-preserved towns of the West. Visitors enjoy fine restaurants and lodgings, live theatre and music, specialty shopping, antiques, art galleries and museums. In recent years, the Nevada City lifestyle has attracted artists, writers, musicians and retirees as well as small business people and high-tech entrepreneurs who are able to locate their enterprises away from the pressures of big city life.


Year Built: 1960
Building Size: 1313sq ft
Building Class: B
Lot Size: 0.04 acres


Documents

Offering Memorandum 214 Broad
NCity_Zone_GB.pdf
Traffic_Count_Profile.pdf

Map of 214 Broad Street, Nevada City, CA, 95959

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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