100 Union St Nevada City, CA 95959
New
10,223 SF mixed-use property in Nevada City, California.
Property size:
10,223 SFLot size:
0.19 AcresProperty Features for 100 Union St
General Information
- Standard status
- Active
- Zoning
- GB HD SC
- Size
- 10,223 SF
- Lot size
- 0.19 Acres
Building Details
- Year built
- 2008
Source:
Crexi
Listing Agency: Tucker Commercial Listing Agent: Tyson Tucker
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Asset in Historic Downtown
Located in the heart of historic downtown Nevada City, California, this mixed-use asset at 100 Union Street offers 10,223 square feet of space. Constructed in 2008, the building blends into the Victorian streetscape. The property is 100% occupied and generates net operating income. The ground floor is anchored by two restaurants, Nourish and Taqueria Taco Loco, both with outdoor dining. The rent roll includes nine tenants across three income streams: three ground-floor retail suites, four professional office suites ranging from 779 to 1,873 square feet, and two one-bedroom residential apartments. The property features contractual rent growth, with portfolio-wide NOI projected to grow from Year 0 to Year 3 through escalations and near-term rollover repricing to market. The building includes storefront depths, modern mechanical systems, a passenger elevator, and secured subgrade parking for seven vehicles.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Nevada City
- County
- Nevada
- State
- California
- Longitude
- -121.0170371
- Latitude
- 39.2626604
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 10,223 SF mixed-use property in Nevada City, California.
Where is this mixed-use property located?
The property is located at 100 Union St Nevada City, CA.
What are key features of this property?
This property features: - Irreplaceable asset in the heart of historic downtown Nevada City.; - 100% occupied mixed-use property generating strong in-place net operating income of $172,134.; - Significant near-term NOI growth potential (21.8% projected from Year 0 to Year 3).
