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100 Union St Nevada City, CA 95959

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10,223 SF mixed-use property in Nevada City, California.

Property size:
10,223 SF
Lot size:
0.19 Acres

Property 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

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Listing Contact
Tyson Tucker
Tyson Tucker
Source: Crexi

Listing Agency: Tucker Commercial Listing Agent: Tyson Tucker

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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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

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Spa & Massage Center Nail Salon Building Supply Pharmacy Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Nevada City
County
Nevada
State
California
Longitude
-121.0170371
Latitude
39.2626604

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).
More about this property
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