Advertise
    Nevada City, CA
    Conventional Restaurant

    Nevada City, CA Conventional Restaurants for Sale

    Notify Me
    List
    Map
    Grass Valley, CA Rough And Ready, CA Penn Valley, CA North San Juan, CA Gold Run, CA Colfax, CA Dobbins, CA Oregon House, CA
    Renovated Hospitality Asset in Nevada
    Updated: Oct 17, 2024
    Renovated Hospitality Asset in Nevada

    233 Broad St, Nevada City, CA 95959

    $3,350,000
    11,200 sqft
    Newly renovated ±11,200 SF hospitality asset in the heart of historic downtown Nevada City.
    Includes a 9‑room boutique hotel and a ground‑floor restaurant/café (Communal Café) operating under a long‑term lease, providing in‑place income.
    Located at the busiest pedestrian intersection (Broad and Pine Streets), offering unmatched visibility and foot traffic.
    Approved plans for three additional hotel rooms on the third floor (currently in shell condition), offering a shovel‑ready expansion opportunity.
    Significant operational value‑add potential through improved marketing, professional management, and optimized rate strategies for the boutique hotel.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    233 Broad St, Nevada City, CA 95959

    View Property Analytics

    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $280K
      Annual

    • Mortgage

      $463K
      Oct 2016

    • Last Sold

      Mar 2022
      $1.5M
    View Property Analytics
    Renovated Restaurant Building with Patio
    Updated: Feb 18
    Renovated Restaurant Building with Patio

    Nevada City, CA 95959

    $598,000
    1,690 sqft
    Fully renovated Main Street restaurant building of about 1,690 SF with a private rear patio
    Studs‑up renovation completed in 2019‑20 with approximately $400,000 in improvements
    All‑new electrical, plumbing, sewer, HVAC, insulation, fire alarm, framing, flooring, ceilings, LED lighting, windows and doors
    Commercial kitchen includes Ansul hood system, dish/prep/handwashing sinks, commercial dishwasher, grease trap, and water heater
    Generator backup plus roof‑mounted solar included
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Nevada City, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Winery with Lakeside Views
    Established Winery with Lakeside Views

    743 Luds Way, Oroville, CA 95965

    $808,000
    2,400 sqft 11.12 AC lot

    Boutique winery with tasting room, vineyard, and expansion potential.

    View details
    Japanese Fusion Sushi Bar Business
    Japanese Fusion Sushi Bar Business

    6726 Stanford Ranch Rd, Roseville, CA 95678

    $198,000
    2,700 sqft

    Established sushi bar business for sale with strong revenue.

    View details
    Fast-Casual Restaurant with Poke Menu
    Fast-Casual Restaurant with Poke Menu

    3984 Douglas Boulevard 110, Roseville, CA 95661

    $200,000

    Very clean, structured fast-casual concept offering build-your-own poke bowls, burritos, and salads.

    View details
    Urban Event Venue with Tasting Room
    Urban Event Venue with Tasting Room

    760 Safford St, Oroville, CA 95965

    Contact for pricing

    Fenced event center operating as a restaurant and winery with a tasting room and a gazebo designed for up to 70 guests.

    View details

    Nevada City, CA Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Nevada City, CA on our real estate platform. These investment opportunities span a total of 12,890 square feet of properties for sale, with an estimated market value of $3,948,000.

    Sale prices for conventional restaurants in Nevada City, CA start at $598,000, averaging $1,974,000, and reaching up to $3,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +0.6%
    Median Household Income $79,509
    College Educated 61.7%

    High-Yield Neighborhoods for Investment

    Identify Nevada City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    95959 $3.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.04%
    Property Tax per SF $13.05 per SF
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Nevada County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Nevada City, CA

    Popular Categories

    Most Searched ZIP Codes in Nevada City, CA

    • 95959

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!