200 Commercial St - Freestanding FOR SALE


Nevada City, CA 95959
$739,000 USD
530-470-6090
200 Commercial St, Nevada City, CA for Sale
$739,000 USD
Freestanding - FOR SALE
1/55
null | Request Cap Rate

200 Commercial St
Nevada City, CA 95959


HIGHLIGHTS

  • Hard corner at Commercial & Main — dual street frontage in the heart of historic downtown Nevada City
  • ±4,856 SF Gold Rush era brick building with exposed brick walls and irreplaceable historic character
  • Priced at $739,000 (~$152/SF) — well below downtown Nevada City sold comparables
  • 4 dedicated off-street parking spaces — a rare amenity where downtown parking is extremely limited
  • GB zoning allows retail, restaurant, office, service, and hospitality uses
  • Month-to-month tenancy; vacant delivery available on 90 days' notice

OVERVIEW

Tucker Commercial is pleased to present 200 Commercial Street, 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.

FOR SALE DETAILS

PRICE

$739,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

GB HD SC

APN/PARCEL ID

005-390-005-000

ASK ABOUT THIS PROPERTY

Tyson TuckerTucker CommercialMore Info
530-470-6090

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Tyson TuckerTucker CommercialMore Info
530-470-6090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.