Like-New Downtown Retail w/ Commercial Kitche 214 Broad St

214 Broad St , Nevada City, California, 95959 | 1,684 sq.f | $ 698,000

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About This Restaurant

Investment Highlights

Move-in Ready Downtown "Main Street" Restaurant or Retail Building +-$400,000 of Improvements including Generator Backup and Roof Mounted Solar. Perfect for Restaurant or other Food/Drink Establishment. Complete "Studs-up" Renovation in 2020, including New Commercial Kitchen. Prime Broad Street Location across from New National Exchange Hotel.

Executive Summary

A like-new fully renovated Main Street restaurant building of approximately 1690 SF (including private patio in rear) in an unrivaled Broad Street location in the heart of historic Downtown Nevada City directly across from the new National Exchange Hotel - move-in ready condition for owner/user! This property was completely renovated in 2019-20 with approximately $400,000 worth of improvements including all new electrical, plumbing, sewer, HVAC, whole-building generator, roof mounted solar, insulation, fire alarm, framing, flooring, ceiling, LED lighting, ADA restroom, windows, doors, exterior paint/fascia and a first class commercial kitchen complete with Ansul hood system, dish/prep/handwashing sinks, comm. dishwasher, grease trap, water heater and more. This is a rare Main Street commercial building in superb condition perfect for a restaurant or other food/drink/retail operation.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    1,684
  • Building Class    C
  • Year Built/Renovated    1960/2020
  • Price    698,000
  • Price Per SF    414
  • Percent Leased    Vacant
  • Building Height    1 Story
  • Building FAR    0.97
  • Land Acres    0.04 AC

Amenities

  • Courtyard
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Accent Lighting
  • Air Conditioning

Property Taxes

Parcel Number 005-396-026-000 Improvements Assessment $157,676
Land Assessment $252,282 Total Assessment $409,958
Date Created: 2024-07-16 04:09:24 Last Updated: 2024-07-16 04:09:24
Address: 214 Broad St , Nevada City, California, 95959