214 Broad St Nevada City, CA 95959-2502
This exceptional 1,313 square foot restaurant building, located at 214 Broad Street in Nevada City, California, presents a unique owner-user opportunity. Completely renovated in 2020 with approximately $400,000 in improvements, this Class B property boasts a modern, fully equipped commercial kitchen featuring an Ansul hood system, dishwashers, and ample prep space. The renovation included new electrical, plumbing, sewer, HVAC, a whole-building generator, roof-mounted solar panels, insulation, fire alarm system, framing, flooring, ceiling, LED lighting, an ADA-compliant restroom, windows, doors, and exterior paint. Situated on a 0.04-acre lot (APN 005-396-026), this prime location directly across from the new National Exchange Hotel offers 1,684 square feet of net rentable space, including a private patio. The property is zoned GB General Business and is ideal for a restaurant or other food and beverage establishment. Nevada City's thriving downtown, listed on the National Register of Historic Places, attracts visitors and residents alike, offering a vibrant atmosphere and strong economic potential. The asking price is $675,000, translating to $414 per square foot. The building was originally constructed in 1960. This turnkey operation is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C · Nevada City, CANevada City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.