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    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

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    • 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
    Historic Riverfront Washington Hotel For Sale
    Updated: Apr 16, 2025
    Historic Riverfront Washington Hotel For Sale

    15432 Washington Rd, Nevada City, CA 95959

    $995,000
    8,206 sqft
    Iconic Gold Rush‑era riverfront hotel directly on the South Yuba River.
    High‑performing full‑service restaurant & bar generating ~85% of the property's $533,000 annual gross income.
    Includes a valuable Type 47 liquor license (estimated $175K value).
    Mixed‑use property with 14 guest rooms and a 2BD/1BA apartment (2,172 SF).
    Pro forma income of $555,000 with ~$88,000 NOI, equating to an 8.9% cap rate at $995,000.
    View details
    Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 2 Active listings in Nevada County, CA, we suggest exploring several alternatives: similar 47 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Commercial Land Zoned C-2
    Cleared Commercial Land Zoned C-2

    671295 Mooney Road A-21, Westwood, CA 96137

    $159,000
    2.75 AC lot

    Cleared, level 2.75-acre commercial parcel zoned C-2, with public remarks citing multiple potential development uses.

    View details
    Prime Commercial Land I-5 Visibility
    Prime Commercial Land I-5 Visibility

    1158 Hoff Way, Orland, CA 95963

    $1,150,000
    1.68 AC lot

    1.68 AC commercial land with high I-5 visibility.

    View details
    Commercial Land Overlooking Topaz Lake
    Commercial Land Overlooking Topaz Lake

    2030 Goldfield Drive lot: 1, Gardnerville, NV 89410

    $500,000
    12.31 AC lot

    12.31 acre commercial property with lake views and utilities.

    View details
    Tourist Commercial Land Opportunity
    Tourist Commercial Land Opportunity

    4351 NV-208, Topaz Ranch Estates, NV 89444

    $115,000
    8.51 AC lot

    Land with Tourist Commercial zoning in a growing community.

    View details

    Off-Market Properties in Nevada County, CA

    Consider similar Off-Market properties in Nevada County, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    816 Main St
    HOTEL/MOTEL

    816 Main St, Grass Valley, CA 95945-5402

    Value Estimation by Request
    6,181 sqft 0.42 AC lot
    View details
    211 Broad St
    HOTEL/MOTEL

    211 Broad St, Nevada City, CA 95959-2501

    Value Estimation by Request
    1,080 sqft 0.49 AC lot
    View details
    10070 Gregory Pl
    HOTEL/MOTEL

    10070 Gregory Pl, Truckee, CA 96161-3643

    $1,995,000
    Estimated value
    4,203 sqft 1.15 AC lot
    View details
    13595 Donner Pass Rd
    HOTEL/MOTEL

    13595 Donner Pass Rd, Truckee, CA 96161-3871

    $2,900,000
    Estimated value
    1,450 sqft 0.34 AC lot
    View details
    523 Sacramento St
    HOTEL/MOTEL

    523 Sacramento St, Nevada City, CA 95959-3009

    $1,050,000
    Estimated value
    4,334 sqft 1.01 AC lot
    View details
    18145 Rollins Vw Dr
    HOTEL/MOTEL

    18145 Rollins Vw Dr, Grass Valley, CA 95945

    $4,100,000
    Estimated value
    4,800 sqft 2.24 AC lot
    View details
    109 Bank St
    HOTEL/MOTEL

    109 Bank St, Grass Valley, CA 95945-6518

    $6,950,000
    Estimated value
    56,318 sqft 2.49 AC lot
    View details
    11975 State Rte 267
    HOTEL/MOTEL

    11975 State Rte 267, Truckee, CA 96161

    Value Estimation by Request
    62,472 sqft 3.14 AC lot
    View details
    575 Broad St
    HOTEL/MOTEL

    575 Broad St, Nevada City, CA 95959-2243

    Value Estimation by Request
    5,710 sqft 0.62 AC lot
    View details
    10015 Riv St
    HOTEL/MOTEL

    10015 Riv St, Truckee, CA 96161-0368

    Value Estimation by Request
    4,501 sqft 0.20 AC lot
    View details
    15432 Washington Rd
    HOTEL/MOTEL

    15432 Washington Rd, Nevada City, CA 95959

    Value Estimation by Request
    8,206 sqft 0.51 AC lot
    View details
    15758 Donner Pass Rd
    HOTEL/MOTEL

    15758 Donner Pass Rd, Truckee, CA 96161-3650

    Value Estimation by Request
    2,944 sqft 0.28 AC lot
    View details
    15758 Donner Pass Rd
    HOTEL/MOTEL

    15758 Donner Pass Rd, Truckee, CA 96161-3650

    Value Estimation by Request
    1,520 sqft 1.07 AC lot
    View details
    10918 Brockway Rd
    HOTEL/MOTEL

    10918 Brockway Rd, Truckee, CA 96161-2054

    $10,020,000
    Estimated value
    20,740 sqft 1.34 AC lot
    View details
    13290 Donner Pass Rd
    HOTEL/MOTEL

    13290 Donner Pass Rd, Truckee, CA 96161-0453

    $1,655,000
    Estimated value
    4,151 sqft 0.43 AC lot
    View details
    105 Church St
    HOTEL/MOTEL

    105 Church St, Grass Valley, CA 95945-6422

    Value Estimation by Request
    7,920 sqft 0.04 AC lot
    View details
    10640 Jibboom St
    HOTEL/MOTEL

    10640 Jibboom St, Truckee, CA 96161-0132

    Value Estimation by Request
    68,410 sqft 2.46 AC lot
    View details
    11506 Deerfield Dr
    HOTEL/MOTEL

    11506 Deerfield Dr, Truckee, CA 96161-0502

    $5,040,000
    Estimated value
    17,244 sqft 1.15 AC lot
    View details
    21728 Donner Pass Rd
    HOTEL/MOTEL

    21728 Donner Pass Rd, Soda Springs, CA 95728

    Value Estimation by Request
    3,660 sqft 0.38 AC lot
    View details
    628 Auburn St, Unit 1
    HOTEL/MOTEL

    628 Auburn St, Grass Valley, CA 95945-7537

    Unit 1
    Value Estimation by Request
    5,578 sqft 1.13 AC lot
    View details
    11858 Tammy Way
    HOTEL/MOTEL

    11858 Tammy Way, Grass Valley, CA 95949-6621

    $500,000
    Estimated value
    6,668 sqft 1.54 AC lot
    View details
    187 Brentwood Dr
    HOTEL/MOTEL

    187 Brentwood Dr, Grass Valley, CA 95945-5703

    Value Estimation by Request
    1,985 sqft 1.94 AC lot
    View details

    Nevada County, CA Hotels Market Trends and Statistics

    Explore 49 hotels for sale in Nevada County, CA on our real estate platform. These investment opportunities span a total of 19,406 square feet of properties for sale, with an estimated market value of $4,345,000.

    Sale prices for resorts in Nevada County, CA start at $995,000, averaging $2,172,500, 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.

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