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Nevada City's Flagship Retail Building 210 Broad St 22,031 SF Retail Building Nevada City, CA 95959 $2,200,000 ($99.86/SF)



INVESTMENT HIGHLIGHTS
- Approved plans and active permits in place for a Ferry Building-style public market concept
- ±5,675 SF mezzanine and ground-level access to Calanan Park with city-approved connectivity
- Delivered as a clean shell – offering full design flexibility and control
- Zoning: GB (General Business) – allows for mixed-use, residential, retail, food & beverage, creative office, wellness, cultural, or civic uses
- Positioned directly across from the renovated National Exchange Hotel, enhancing area foot traffic and visibility
- Offered at only $99.86/SF
EXECUTIVE SUMMARY
Coldwell Banker Commercial G.R. is pleased to present a compelling redevelopment opportunity in the heart of historic downtown Nevada City: 210 Broad Street, known locally as The Alpha Building.
Situated on an irreplaceable ±0.44-acre site with triple street frontage (Broad, Union, and Commercial Streets) and shared on-site parking for 29 vehicles, this ±22,031 square foot building represents a generational opportunity to reposition a cornerstone asset within one of Northern California’s most vibrant and walkable downtown districts.
While currently delivered in cold shell condition, ownership has invested significantly in base building upgrades, including:
- Environmental remediation
- Upgraded utility infrastructure
- ADA-compliant access
- Structural and envelope improvements
These enhancements have de-risked the asset and provide a head start for a wide range of redevelopment scenarios.
This offering is ideally suited for an investor, developer, or end-user seeking to capitalize on a unique combination of location, scale, infrastructure, and entitlements. With all critical predevelopment steps complete, 210 Broad Street is ready for immediate execution—a rare opportunity to reposition a landmark property and define the next era of downtown Nevada City.
Situated on an irreplaceable ±0.44-acre site with triple street frontage (Broad, Union, and Commercial Streets) and shared on-site parking for 29 vehicles, this ±22,031 square foot building represents a generational opportunity to reposition a cornerstone asset within one of Northern California’s most vibrant and walkable downtown districts.
While currently delivered in cold shell condition, ownership has invested significantly in base building upgrades, including:
- Environmental remediation
- Upgraded utility infrastructure
- ADA-compliant access
- Structural and envelope improvements
These enhancements have de-risked the asset and provide a head start for a wide range of redevelopment scenarios.
This offering is ideally suited for an investor, developer, or end-user seeking to capitalize on a unique combination of location, scale, infrastructure, and entitlements. With all critical predevelopment steps complete, 210 Broad Street is ready for immediate execution—a rare opportunity to reposition a landmark property and define the next era of downtown Nevada City.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
22,031 SF
Building Class
C
Year Built
1920
Price
$2,200,000
Price Per SF
$99.86
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.15
Lot Size
0.44 AC
Zoning
GB - General Business
Parking
29 Spaces (1.32 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 005-396-032-000 | Improvements Assessment | $618,118 |
| Land Assessment | $1,030,208 | Total Assessment | $1,648,326 |
PROPERTY TAXES
Parcel Number
005-396-032-000
Land Assessment
$1,030,208
Improvements Assessment
$618,118
Total Assessment
$1,648,326
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Nevada City's Flagship Retail Building | 210 Broad St
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