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200 Commercial St 4,856 SF 100% Leased Retail Building Nevada City, CA 95959 $1,012,733 CAD ($208.55 CAD/SF)



Investment Highlights
- Hard corner at Commercial & Main — dual street frontage in the heart of historic downtown Nevada City
- Priced at $739,000 (~$152/SF) — well below downtown Nevada City sold comparables
- GB zoning allows retail, restaurant, office, service, and hospitality uses
- ±4,856 SF Gold Rush era brick building with exposed brick walls and irreplaceable historic character
- 4 dedicated off-street parking spaces — a rare amenity where downtown parking is extremely limited
- Month-to-month tenancy; vacant delivery available on 90 days' notice
Executive Summary
Tucker Commercial is pleased to present 200 Commercial Street, a rare opportunity to acquire a Gold Rush era brick building at the corner of Commercial and Main in the heart of historic downtown Nevada City — one of Northern California's best preserved downtown corridors. The building features exposed brick walls throughout, direct frontage on both Commercial and Main Streets, and four (4) dedicated off-street parking spaces — a significant competitive advantage in a market where downtown parking is extremely limited.
The property offers a true walk-to-everything location, sitting just steps from award-winning restaurants, galleries, boutique retailers, and the Broad Street corridor — the heart of Nevada City's pedestrian retail spine. Downtown Nevada City is a National Register historic district that draws year-round tourism from the Bay Area, Sacramento, and beyond, and the inventory of historic inline buildings is extremely supply-constrained. Assets of this caliber, corner position, and pedigree rarely come to market.
The versatile floor plan supports a wide range of uses and is currently configured as a yoga studio, event venue, meditation center, and retail storefront. With GB (General Business) zoning, month-to-month tenancy, and the ability to deliver vacant with 90 days' notice, an incoming owner has full flexibility to reposition, owner-occupy, or pursue a multi-tenant configuration through the building's multiple separate entries. Non-retail uses are subject to a use permit from the City of Nevada City.
Priced at $739,000 — approximately $152 per square foot — the offering represents an extremely attractive cost basis relative to downtown Nevada City sold comparables. Assets of this caliber in downtown Nevada City trade infrequently.
The property offers a true walk-to-everything location, sitting just steps from award-winning restaurants, galleries, boutique retailers, and the Broad Street corridor — the heart of Nevada City's pedestrian retail spine. Downtown Nevada City is a National Register historic district that draws year-round tourism from the Bay Area, Sacramento, and beyond, and the inventory of historic inline buildings is extremely supply-constrained. Assets of this caliber, corner position, and pedigree rarely come to market.
The versatile floor plan supports a wide range of uses and is currently configured as a yoga studio, event venue, meditation center, and retail storefront. With GB (General Business) zoning, month-to-month tenancy, and the ability to deliver vacant with 90 days' notice, an incoming owner has full flexibility to reposition, owner-occupy, or pursue a multi-tenant configuration through the building's multiple separate entries. Non-retail uses are subject to a use permit from the City of Nevada City.
Priced at $739,000 — approximately $152 per square foot — the offering represents an extremely attractive cost basis relative to downtown Nevada City sold comparables. Assets of this caliber in downtown Nevada City trade infrequently.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,856 SF
Building Class
C
Year Built
1890
Price
$1,012,733 CAD
Price Per SF
$208.55 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.86
Lot Size
0.13 AC
Zoning
GB HD SC - General Business Zone, Historical Combining District, Scenic Corridor Combining District
Frontage
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 005-390-005-000 | Improvements Assessment | $285,539 CAD |
| Land Assessment | $155,172 CAD | Total Assessment | $440,710 CAD |
Property Taxes
Parcel Number
005-390-005-000
Land Assessment
$155,172 CAD
Improvements Assessment
$285,539 CAD
Total Assessment
$440,710 CAD
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