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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.
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    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
    Mixed-Use Asset in Historic Downtown
    Updated: Mar 24
    Mixed-Use Asset in Historic Downtown

    100 Union St, Nevada City, CA 95959

    $3,100,000
    10,223 sqft
    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).
    Modern construction (built in 2008) with desirable features: passenger elevator, secured subgrade parking, and modern mechanical systems.
    Diversified income streams from nine tenants across retail, office, and residential units.
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    Historic Riverfront Washington Hotel For Sale
    Historic Riverfront Washington Hotel For Sale

    15432 Washington Rd, Nevada City, CA 95959

    $995,000
    8,206 sqft

    Gold Rush-era mixed-use property with restaurant, bar, and guest rooms.

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    Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 3 Active listings in Nevada County, CA, we suggest exploring several alternatives: similar 30 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.

    Commercial Land on Grass Valley Highway
    Commercial Land on Grass Valley Highway

    1448 Grass Valley Highway, Auburn, CA 95603

    $7,750,000

    Commercial land available on Grass Valley Highway in Auburn, CA.

    View details
    Commercial Land in Marysville, CA
    Commercial Land in Marysville, CA

    317 D Street, Marysville, CA 95901

    $424,900

    Commercial land available in Marysville, California.

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    Land For Sale in Penryn
    Land For Sale in Penryn

    3130 Penryn Road, Penryn, CA 95663

    $2,900,000

    Land available in Penryn, California, near I-80.

    View details
    Corner Lot Development Opportunity
    Corner Lot Development Opportunity

    1925 Kitrick, Oroville, CA 95966

    $120,000

    Corner lot suitable for mixed-use development with commercial and residential.

    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.

    10382 Donner Pass Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    10382 Donner Pass Rd, Truckee, CA 96161-0428

    $2,000,000
    Estimated value
    3,464 sqft 0.16 AC lot
    View details
    13115 Rdg Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    13115 Rdg Rd, Grass Valley, CA 95945-4819

    Value Estimation by Request
    1,633 sqft 0.23 AC lot
    View details
    16281 Mt Olive Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    16281 Mt Olive Rd, Grass Valley, CA 95945-7909

    $550,000
    Estimated value
    5,655 sqft 0.48 AC lot
    View details
    429 Auburn St
    OFFICE/RESIDENTIAL (MIXED USE)

    429 Auburn St, Grass Valley, CA 95945-7224

    Value Estimation by Request
    2,442 sqft 0.14 AC lot
    View details
    10232 Donner Pass Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    10232 Donner Pass Rd, Truckee, CA 96161-0419

    Value Estimation by Request
    1,355 sqft 0.18 AC lot
    View details
    230 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    230 Main St, Nevada City, CA 95959-2509

    $650,000
    Estimated value
    4,347 sqft 0.19 AC lot
    View details
    411 Colfax Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    411 Colfax Ave, Grass Valley, CA 95945-6813

    Value Estimation by Request
    1,592 sqft 0.10 AC lot
    View details
    15826 Donner Pass Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    15826 Donner Pass Rd, Truckee, CA 96161-0473

    $1,090,000
    Estimated value
    3,479 sqft 0.28 AC lot
    View details
    801 Zion St
    OFFICE/RESIDENTIAL (MIXED USE)

    801 Zion St, Nevada City, CA 95959-2922

    Value Estimation by Request
    2,300 sqft 0.35 AC lot
    View details
    14633 Rough And Ready Hwy
    OFFICE/RESIDENTIAL (MIXED USE)

    14633 Rough And Ready Hwy, Rough And Ready, CA 95975-9620

    Value Estimation by Request
    304 sqft 0.50 AC lot
    View details
    10245 Brockway Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    10245 Brockway Rd, Truckee, CA 96161

    Value Estimation by Request
    1.53 AC lot
    View details
    10129 Jibboom St
    OFFICE/RESIDENTIAL (MIXED USE)

    10129 Jibboom St, Truckee, CA 96161

    $520,000
    Estimated value
    5,250 sqft 0.05 AC lot
    View details
    448 Colfax Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    448 Colfax Ave, Grass Valley, CA 95945-6840

    Value Estimation by Request
    3,520 sqft 0.22 AC lot
    View details
    10124 Ee St
    OFFICE/RESIDENTIAL (MIXED USE)

    10124 Ee St, Truckee, CA 96161-0345

    $590,000
    Estimated value
    3,063 sqft 0.57 AC lot
    View details
    408 Colfax Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    408 Colfax Ave, Grass Valley, CA 95945-6848

    $785,000
    Estimated value
    4,800 sqft 0.35 AC lot
    View details
    147 Auburn St
    OFFICE/RESIDENTIAL (MIXED USE)

    147 Auburn St, Grass Valley, CA 95945-6516

    Value Estimation by Request
    1,240 sqft 0.19 AC lot
    View details
    11198 Trl End Ct
    OFFICE/RESIDENTIAL (MIXED USE)

    11198 Trl End Ct, Truckee, CA 96161-0272

    $1,010,000
    Estimated value
    7,632 sqft 0.66 AC lot
    View details
    10158 Donner Pass Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    10158 Donner Pass Rd, Truckee, CA 96161

    $530,000
    Estimated value
    2,996 sqft 0.24 AC lot
    View details
    534 Brunswick Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    534 Brunswick Rd, Grass Valley, CA 95945-9392

    Value Estimation by Request
    1,700 sqft 0.24 AC lot
    View details
    10069 Riv St
    OFFICE/RESIDENTIAL (MIXED USE)

    10069 Riv St, Truckee, CA 96161-0354

    $525,000
    Estimated value
    3,570 sqft 0.13 AC lot
    View details
    17905 Penn Vly Dr
    OFFICE/RESIDENTIAL (MIXED USE)

    17905 Penn Vly Dr, Penn Valley, CA 95946-8967

    Value Estimation by Request
    1,594 sqft 3.16 AC lot
    View details

    Nevada County, CA Mixed-Use Properties Market Trends and Statistics

    Explore 33 mixed-use properties for sale in Nevada County, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 29,629 square feet of properties for sale, with an estimated market value of $7,445,000.

    Sale prices for multi use buildings in Nevada County, CA start at $995,000, averaging $2,481,666, 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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