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.