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Nevada City, CA

Restaurants

Nevada City, CA Restaurants for Sale

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Grass Valley, CA Penn Valley, CA North San Juan, CA Colfax, CA Dobbins, CA Oregon House, CA Camptonville, CA Smartsville, CA

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.

This listing looks promising.

Here's a quick look at some key insights for

233 Broad St, Nevada City, CA 95959

View Property Analytics

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

Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 1 Active listings in Nevada City, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Chick-fil-A Investment Opportunity

New Chick-fil-A Investment Opportunity

350 Oro Dam Blvd E, Oroville, CA 95965

$4,750,000

4,266 sqft

New construction Chick-fil-A with a corporate guarantee.

Turn-Key Drive-Thru Restaurant

Turn-Key Drive-Thru Restaurant

1355 Washington Avenue, Oroville, CA 95965

$771,500

1,495 sqft

Fully equipped drive-thru restaurant with commercial kitchen systems and a walk-in cooler for efficient quick-service operations.

Historic Pub-Restaurant Building

Historic Pub-Restaurant Building

535 Mill Street, Grass Valley, CA 95945

$750,000

5,112 sqft

Historic two-floor pub/restaurant with commercial kitchen, event space, and seasonal outdoor dining by the creek.

Mixed-Use Building with Restaurant

Mixed-Use Building with Restaurant

124 Bank St., Grass Valley, CA 95945

Contact for pricing

2,400 sqft

Turn-key ground-level restaurant with private patio plus two additional residential units above in a fully renovated building.

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.

Zoned Commercial Land Parcel

Zoned Commercial Land Parcel

Olive Highway, Oroville, CA 95966

$899,000

4.23 AC lot

Commercially zoned land in Butte County, offering development flexibility on a sizable 4.23-acre site.

C2 Zoned Commercial Land

C2 Zoned Commercial Land

2788 S 7th Avenue, Oroville, CA 95759

$140,000

3.45 AC lot

Commercial land parcel in Oroville offered for sale, zoned C2.

Graeagle Corner Lot For Sale

Graeagle Corner Lot For Sale

59 Yonkalla Trail lot: 100, Graeagle, CA 96103

$89,900

0.50 AC lot

Sunny 0.5 acre corner lot in the heart of Graeagle.

Downtown Quincy Land Parcel

Downtown Quincy Land Parcel

390 E Main Street, Quincy, CA 95971

$249,000

8.27 AC lot

8.27 acre parcel in downtown Quincy, California.

Off-Market Properties in Nevada City, CA

Consider similar Off-Market properties in Nevada City, 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.

RESTAURANT

214 Broad St, Nevada City, CA 95959-2502

Value Estimation by Request

1,319 sqft 0.04 AC lot

RESTAURANT

221 Broad St, Nevada City, CA 95959-2501

Value Estimation by Request

1,800 sqft 0.09 AC lot

16898 State Hwy 49

RESTAURANT

16898 State Hwy 49, Nevada City, CA 95959-9718

$875,000

Estimated value

4,049 sqft 2.75 AC lot

235 Commercial St

RESTAURANT

235 Commercial St, Nevada City, CA 95959-2506

$1,025,000

Estimated value

2,211 sqft 0.07 AC lot

18851 State Hwy 20

RESTAURANT

18851 State Hwy 20, Nevada City, CA 95959-9191

$1,025,000

Estimated value

6,132 sqft 0.82 AC lot

16771 State Hwy 49

RESTAURANT

16771 State Hwy 49, Nevada City, CA 95959-9324

Value Estimation by Request

1,143 sqft 6.01 AC lot

RESTAURANT

426 Broad St, Nevada City, CA 95959-2408

Value Estimation by Request

1,333 sqft 0.12 AC lot

RESTAURANT

216 Broad St, Nevada City, CA 95959-2502

Value Estimation by Request

1,210 sqft 0.04 AC lot

RESTAURANT

233 Broad St, Nevada City, CA 95959-2501

$1,145,000

Estimated value

8,436 sqft 0.12 AC lot

RESTAURANT

203 York St, Nevada City, CA 95959-2424

$885,000

Estimated value

3,265 sqft 0.15 AC lot

773 Nevada St Ext

RESTAURANT

773 Nevada St Ext, Nevada City, CA 95959-2372

Value Estimation by Request

3,936 sqft 0.15 AC lot

300 Commercial St

RESTAURANT

300 Commercial St, Nevada City, CA 95959-2410

Value Estimation by Request

2,598 sqft 0.06 AC lot

107 Sacramento St

RESTAURANT

107 Sacramento St, Nevada City, CA 95959-2619

$1,205,000

Estimated value

9,511 sqft 0.52 AC lot

RESTAURANT

309 Broad St, Nevada City, CA 95959-2405

Value Estimation by Request

2,174 sqft 0.12 AC lot

15435 Washington Rd

RESTAURANT

15435 Washington Rd, Nevada City, CA 95959

Value Estimation by Request

1,386 sqft 0.31 AC lot

RESTAURANT

222 Broad St, Nevada City, CA 95959-2502

Value Estimation by Request

1,071 sqft 0.04 AC lot

RESTAURANT

754 Zion St, Nevada City, CA 95959-2933

Value Estimation by Request

8,207 sqft 0.66 AC lot

401 Commercial St

RESTAURANT

401 Commercial St, Nevada City, CA 95959-2411

Value Estimation by Request

1,186 sqft 0.06 AC lot

211 Commercial St

RESTAURANT

211 Commercial St, Nevada City, CA 95959-2506

Value Estimation by Request

4,800 sqft 0.12 AC lot

Nevada City, CA Restaurants Market Trends and Statistics

Explore 20 restaurants for sale in Nevada City, CA on our real estate platform. These investment opportunities span a total of 11,200 square feet of properties for sale, with an estimated market value of $3,350,000.

Sale prices for restaurant properties in Nevada City, CA start at $3,350,000, averaging $3,350,000, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 18K

Population Growth (5Y) +0.6%

Median Household Income $79,509

College Educated 61.7%

High-Yield Neighborhoods for Investment

Identify Nevada City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
95959	$2.2M

Taxes & Financing

Tax Rate (average for all types) 1.04%

Property Tax per SF $13.05 per SF

Tax Rate vs County Average 0.24 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Nevada County

New Delisted

Total CRE Inventory on Market (SF)

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