233 Broad is situated on arguably the most desirable parcel in Downtown Nevada City. A 3-story (+ basement) retail gem of approximately 7,927 SF built in 1856 and located at the corner of the 4-way stop at the very center of town. The building has housed the venerable Fur Traders store - one of the most successful retailers in the area - for over 30 years. The Fur Traders plan to continue operating from their company-owned location just up the street and vacate the subject building in early 2017, allowing for an exciting new chapter to begin at this treasured location. The second level, while also leased by the Fur Traders, is set up as an 8-room, 8-bath bed and breakfast inn, with a 3rd level manager's apartment. The General Business zoning allows a wide range of uses including residential, retail, office, hotel, restaurant/bar, theater and more. Out-of-area seller has priced this asset well below market comparables in order to more quickly achieve its reorganization goals. This property is now IN ESCROW.

Location Description:

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

Open to new financing. Seller will consider carrying financing for up to 5 years.

Sales Info:

>> Commision split: 3.0%