Home | Nevada County | Nevada City | 95959 | 233 Broad St
MLS: ME226049429 | Status: Active | Price: $3,350,000
Beds/Baths: – / –
Property Type: Commercial Sale
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 8,436 | 5,227 | – |
The Flagg Building is a newly renovated, 11,200 square foot hospitality asset with ground-floor leased restaurant/caf located in the heart of historic downtown Nevada City, CA. Originally constructed in 1856 and comprehensively renovated over the past five years, it blends timeless architectural character with upgraded building systems and curated interior finishes. The second floor comprises a thoughtfully designed, 9-room boutique hotel, while the ground floor is home to Communal Caf, a popular restaurant/caf operating under a long-term lease. Ideally located at the busiest pedestrian intersection in Nevada City (Broad and Pine Streets), The Flagg Building commands unmatched visibility and foot traffic in the town's historic core, benefiting from year-round tourism and direct adjacency to the area's most vibrant dining, retail, and cultural offerings. The third floor is currently in shell condition, with major infrastructure improvements completed and fully approved plans in place for three additional hotel rooms, offering a shovel-ready opportunity to expand the key count and grow revenue. In addition to the physical expansion potential, the boutique hotel presents a compelling operational value-add opportunity. With recent renovations already complete, new ownership is well-p
| Field | Value |
|---|---|
| MLS # | ME226049429 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Flooring | Other |
| Cooling | Other |
| Heating | Other |
| Feature | Details |
|---|---|
| Roof | Other |
| Foundation | Other |
| Feature | Details |
|---|---|
| Sewer | Public Sewer |
| Water | Public |
| Zoning | GB-HD General Business, H |
| Feature | Details |
|---|---|
| # Buildings / # Units | 0 / 9 |
| Parking Spaces | 0 |
| Present Use | Food Service, Hotel/Motel, Retail |
| Utilities | Water - Public |
Tyson Tucker
Tucker Commercial
License #: 01804034
Phone: (530) 470-6090
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | 9 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Seven Hills Intermediate School | public | 4-8 | 0.77 mi | 7 |
| Nevada County Special Education School | public | K-8 | 0.90 mi | N/A |
| Earle Jamieson Educational Options | public | 7-12 | 0.91 mi | N/A |
| Deer Creek Elementary School | public | K-3 | 0.95 mi | 6 |
| William & Marian Ghidotti High School | public | 9-12 | 2.38 mi | 10 |
| Early Childhood Education | public | UG | 2.38 mi | N/A |
| North Point Academy | public | 9-12 | 2.54 mi | 7 |
| Nevada Union High School | public | 9-12 | 2.54 mi | 7 |
| Nevada Adult | public | UG | 2.67 mi | N/A |
| Union Hill Middle | public | 7-8 | 4.07 mi | 7 |
| Grass Valley Preschool | public | UG | 4.08 mi | N/A |
| Lyman Gilmore Middle School | public | 5-8 | 4.08 mi | 4 |
| Bell Hill Academy | public | K-4 | 4.16 mi | 7 |
| Margaret G. Scotten Elementary School | public | K-4 | 4.17 mi | 3 |
| Nu Tech High School | public | 9-12 | 4.17 mi | N/A |
| Silver Springs High (Continuation) School | public | 9-12 | 4.26 mi | 2 |
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This listing information is up-to-date as of April 22, 2026. For the most current information, please contact Tyson Tucker, (530) 470-6090.