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Broad Street, Nevada City, CA 95959
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$3,350,000
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Home Details for 233 Broad Street
Price
$3,350,000
Type
Commercial/Industrial
Year Build
1856
Sq. Ft.
11200
Lot Size
0.12
County
Nevada
MLS®️ Listing#
224116836
On exitrealty.com
323 days
Property Description
$100K PRICE REDUCTION - SELLER FINANCING AVAILABLE FOR QUALIFIED BUYERS! We are excited to offer you the chance to acquire The Flagg Building, a historically significant and newly renovated retail/hospitality building situated in downtown Nevada City. This is a rare opportunity to own a high-performing with an 8.28% cap rate, historic asset in one of Northern California's most desirable communities. Originally constructed in 1856, The Flagg Building is a three-story, approximately 11,200 square foot building that has been transformed into a premier destination for dining, community gatherings, and hospitality. Over the past five years, the building has undergone meticulous renovations, making it a true centerpiece of the town's historic charm and modern appeal. The property consists of ground floor retail on the Broad St. level, a newly remodeled 9-room boutique hotel on the second floor, and a third floor with major infrastructure improvements in place, but currently in shell condition.
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Listing Courtesy: Coldwell Banker Commercial Grass Roots Realty - 530-272-7222. Presented by: Tyson J. Tucker

CA DRE# 01520140. Kris Klair Broker
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
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$3,350,000
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)