Nevada City's Flagship Retail Building!

Highlights:

• Arguably the best location in Downtown Nevada City.
• Large .44 acre parcel w/ parking and access onto 3 city streets.
• Major renovation work complete - ready for improvements.
• Valuable planning entitlements obtained and in place.
• Solid steel/concrete construction.

Description:

A circa 1920s-1930s commercial building of +-21,675 SF located in the heart of Downtown. The parcel stretches 1 full block w/ frontage on Broad, Union & Commercial Streets, and rare on-site parking for 29 cars. The lower floor has ground-level retail frontage & access onto Commercial St to the north & Calanan Park to the east. The upper level sits at the foot of Broad St directly across from the exquisitely renovated National Hotel. The building is topped off with a 5675 SF gallery mezzanine looking down onto the second level. The property has undergone significant renovation incl: all new utility services, ADA/path-of-travel/parking improvements, new front façade w/ all new dual pane windows & a new rear entry. The interior is in cold shell condition representing a blank canvas for the buyer to create his/her vision. Plans & approvals are available for a marketplace style development akin to a small San Francisco Ferry Building. This property is perfectly teed-up for a developer or user to come in and take advantage of the location, history and quality of this offering. "Currently Off Market."

Nevada City is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento. The region is located below the snow line and above the fog for the perfect 4-season climate. It lies within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacramento & UN Reno) and 2 international airports (Sacramento & Reno). Nevada County’s economy has effectively transitioned from mining/logging/construction to video technology, digital media and other high-tech industries, balanced by national caliber arts and entertainment sectors. With superb schools and multiple national awards relating to unbeatable quality of life, the Grass Valley/Nevada City region continues to attract residents and businesses from nearby Sacramento and the SF Bay Area.

Broad Street is the heart of Nevada City's award-winning historic district, which is listed on the National Register of Historic Places. It is considered to be among the best-preserved towns of the West. In addition to it grand history, Nevada City is a vibrant, thriving community and the entertainment capital of the Sierra Nevada foothills. Visitors enjoy fine restaurants and lodgings, live theatre and music, specialty shopping, antiques, art galleries and museums. Ringed by deep green hillsides and bordering the Tahoe National Forest, Nevada City is located just minutes from sparkling Sierra lakes and rivers and forested trail systems perfect for hiking and biking. In recent years, the Nevada City lifestyle has attracted artists, writers, musicians and retirees as well as small business people and high-tech entrepreneurs who are able to locate their enterprises away from the pressures of big city life.

All new utility stubbs into building meeting modern needs and specifications: i) water - new 1.25" service; ii) sewer - new sewer service ; iii) gas - new 2mil BTU nat. gas service; iv) electric - new 1200A 3ph power; and v) fire service - new 6" service w/ monitoring system ready for distribution.

One of the largest Downtown Nevada City lots at .44 acres, the lot stretches one full city block from Broad Street to Commercial Street providing extraordinary ease of access, parking and retail exposure. The site lies adjacent to beautifully landscaped Calanan Park and direct access into the park from the lower level of the building has been approved. The site also stretches to Union Street, home to the colorful and popular Nevada City Farmers Market.

Newly installed 1200A 3 phase electrical service.

Newly installed 2 million BTU natural gas service.

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