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315 Broad Street $350,000

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    315 Broad Street Nevada City, CA 95959

    • 4,979 sq. ft.
    • Commercial
    • MLS# 19069543
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    Property Details

    Once in a lifetime opportunity to own one of Nevada City's iconic businesses, McGee's Annex (Bar) in the heart of downtown at the top of Broad Street. McGee's was opened in 1980 and has been operated by the Costello Family from inception and are now ready for their next chapter, retirement. Selling the ABC48 Liquor License, FF&E, Inventory, Goodwill, lock stock and barrel. This two-story brick building houses a saloon (bar, kitchen, back bar, game room, storage, covered back patio) at street level which consists of 2,292 sqft with an apartment above consisting of 1,720 with 164 sqft balcony overlooking Broad Street. There is a business office on the second story with private bath and entrance, consisting of 500 sqft which overlooks Spring Street. Sunset magazine has named Nevada City No. 1 on its 2017 Best Value Towns. The historic building, 315 Broad Street is also for sale, asking $1,350,000.00.

    • General Features
      • Approx. Home Sq. Ft. 4,979
      • Approx. Lot Sq. Ft. 3485
      • Age Range 20
      • Lease Terms Other-Rmks
      • Current Lease None
      • Labor Information Non-Union
      • Sale Price Includes Fixtures and Equipment, Inventory, License
      • Transaction Type For Sale
      • County Nevada
    • Building Features
      • Miscellaneous None
      • Seating 50-99
    • Property Features
      • Access Public Trans Nearby, Other-Rmks
      • Location Business District, Other-Attch
      • Parking 1-10 Spaces

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    Neighborhood

    95959 (Nevada City) Demographics

    53 Median Age
    71 Population Density (per sq. mile)
    52% College Educated
    $59,446 Estimated Median Income
    5,484 Estimated Total Home Owners
    1,703 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    17,534 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    58 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $350,000
        10/3/2019 2:45:00 PM New in Database Source

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 5/30/2020 7:16:46 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.