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311 Commercial St
Nevada City, CA 95959

Retail Property For Sale

Investment Highlights

  • Heavy Foot Traffic
  • Lots of Natural Light
  • High, Exposed-Beam Ceilings
  • Open plan with exposed brick walls
  • Private, Enclosed Patio
  • 3/4 bath

Executive Summary

Beautiful 19th century building in historic downtown Nevada City, CA! Located in the Sierra Foothills just 2-1/2 hours from San Francisco and a little over an hour to Sacramento, Lake Tahoe or Reno, Nevada City is a destination location with Victorian-era buildings, gas street lamps, boutique shops and restaurants, award-winning schools and a vibrant cultural scene.
Zoned General Business, the property has most recently been used as a short-term rental/hotel. Historical uses include a retail storefront with residence. A single-family residence or live-work would be permitted per the Nevada City Planning Department, buyer to verify. The property features a larger front room with four display windows, exposed brick walls and high, wood plank ceilings with exposed beams. The back of the building includes a 3/4 bath with shower, a storage loft and an approximately 8-1/2 x 12-1/5 sq. ft. room with French doors that open to a private, back patio. PLEASE NOTE: 311 Commercial Street is being offered for sale, not 313 Commercial Street. Costar/Loopnet auto-filled 311-313 Commercial St. and does not provide a means to correct the address. Sale is subject to a lot split, a new AP# will be assigned once completed.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
503 SF
Building Class
C
Year Built
1860
Price
$383,000
Price Per SF
$761
Tenancy
Single
Building Height
1 Story
Building FAR
0.77
Lot Size
0.01 AC
Zoning
GB-HD - General Business- Historical District

Amenities

  • 24 Hour Access
  • Signage
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005-397-015-000
Land Assessment
$303,717
Improvements Assessment
$184,098
Total Assessment
$487,815
  • Listing ID: 31099256

  • Date on Market: 3/2/2024

  • Last Updated:

  • Address: 311 Commercial St, Nevada City, CA 95959

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