200 Commercial ST, Nevada City, CA 95959
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200 Commercial ST, Nevada City, CA 95959
200 Commercial ST, Nevada City, CA 95959
200 Commercial ST, Nevada City, CA 95959
200 Commercial ST, Nevada City, CA 95959
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Bob Sawyer

Bob Sawyer

+1(530) 489-4892
$ 739,000
Est. payment /mo
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200 Commercial ST Nevada City, CA 95959

5,663 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226048894

HOA Y/N No

Lot Size 5,663 Sqft

Acres 0.13

Property Sub-Type Retail

Source MLS Metrolist

Property Description

200 Commercial Street represents a rare opportunity to acquire a Gold Rush era brick building at the corner of Commercial and Main in the heart of historic downtown Nevada City one of Northern California's best preserved downtown corridors. The building features exposed brick walls throughout, direct frontage on both Commercial and Main Streets, and four (4) dedicated off-street parking spaces a significant competitive advantage in a market where downtown parking is extremely limited. The property offers a true walk-to-everything location, sitting just steps from award-winning restaurants, galleries, boutique retailers, and the Broad Street corridor the heart of Nevada City's pedestrian retail spine. Downtown Nevada City is a National Register historic district that draws year-round tourism from the Bay Area, Sacramento, and beyond, and the inventory of historic inline buildings is extremely supply-constrained. Assets of this caliber, corner position, and pedigree rarely come to market. The versatile floor plan supports a wide range of uses and is currently configured as a yoga studio, event venue, meditation center, and retail storefront. With GB (General Business) zoning, month-to-month tenancy, and the ability to deliver vacant with 90 days' notice, an incoming owner has full flexibility to reposition, owner-occupy, or pursue a multi-tenant configuration through the building's multiple separate entries. Non-retail uses are subject to a use permit from the City of Nevada City. Priced at $739,000 approximately $152 per square foot the offering represents an extremely attractive cost basis relative to downtown Nevada City sold comparables. Assets of this caliber in downtown Nevada City trade infrequently.

Location

State CA

County Nevada

Area 13106

Direction From CA-20 W/CA-49 S, exit Coyote St, left on Coyote St, right on Commercial St, property is on the right. From CA-49 N, exit Broad St, turn left on Broad St, right on Union St, left on Commercial St, property is on the right.

Location Details Downtown,Restaurant Nearby,Shopping Nearby

Interior

Heating Natural Gas, See Remarks

Cooling See Remarks

Flooring See Remarks

Exterior

Parking Features See Remarks

Utilities Available Sewer Connected

Water Access Desc Public

Roof Type Flat,See Remarks

Topography Level

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 005-390-005-000

Special Listing Condition None

MetroList® Services, Inc
Listed by Tucker Commercial

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Bob Sawyer
Bob Sawyer

Agent | License ID: 01474774

+1(530) 489-4892

www.sierrafoothillsrealestate.com

776 B Freeman Lane, Grass Valley, CA, 95949, USA

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200 Commercial ST