Nevada Homes with Mixed Use Property Subtype

Welcome to the picturesque charm of Nevada County, California, where the beauty of the Sierra Nevada foothills meets a vibrant community spirit. Nestled in the heart of Northern California, this enchanting county is renowned for its stunning landscapes, rich history, and outdoor recreational opportunities. With its quaint towns like Grass Valley and Nevada City, residents enjoy a unique blend of small-town allure and modern amenities.

One of the most exciting aspects of real estate in Nevada County is the opportunity to invest in homes with mixed-use property subtypes. These properties provide a fantastic chance for homeowners and entrepreneurs alike to blend residential living with commercial potential. Imagine waking up in a cozy home, only steps away from your own boutique, café, or studio. This flexibility not only enhances your lifestyle but also opens doors for additional income streams.

The mixed-use properties in Nevada County are perfect for those looking to create a vibrant work-life balance. Whether you envision a charming storefront, an art studio, or a cozy café, the possibilities are endless. With the county’s supportive community and growing economy, your entrepreneurial dreams can thrive amidst the beautiful backdrop of nature.

Moreover, Nevada County boasts a rich cultural scene, with farmers' markets, art galleries, and music festivals, making it an ideal location for businesses that cater to both locals and tourists. With a commitment to preserving its natural beauty and fostering a strong sense of community, Nevada County is not just a place to live; it’s a place to grow. Explore the unique opportunities that await you in this captivating region, where your dream home and business can coexist harmoniously.

Newest Nevada Homes with Mixed Use Property Subtype

$575,000

226085650 MLS

A and A Physical Therapy has closed and owner has retired. This presents a rare opportunity to acquire an exceptionally maintained 3,618 SF medical office condominium just moments from Sierra Nevada Memorial Hospital.Positioned in a high-demand, hospital-adjacent location, this property is ideally suited for today's growing outpatient and wellness-based practices.A legal live/work designation adds a unique layer of flexibility, offering an ideal setup for an owner-user seeking to integrate professional and personal space or maximize long-term utility. The thoughtfully designed interior features three private treatment rooms, kitchen and laundry along with expansive open-concept areas that support a variety of clinical, fitness, or group uses. Non-load-bearing walls allow for straightforward reconfiguration, making it easy to tailor the space to evolving practice needs. This adaptability lends itself well to medical or specialty clinics, dental or physical therapy practices, behavioral health providers, or wellness-focused uses such as yoga or Pilates. Space includes generous locker rooms with full shower facilities, 13 on-site parking spaces with two ADA-designated, a recently refinished asphalt parking area, and a newer membrane roof that offers added peace of mind. With immediate occupancy available, this turnkey property is well positioned for providers looking to own rather than lease in a tightening medical office market. Whether establishing a new practice or expanding an existing one check this one out.

104 Margaret Lane Unit #3, Grass Valley

Listing courtesy of Coldwell Banker Grass Roots Realty.

$875,000

226073676 MLS

Some places just have a soul. Peterson's Corner is one of them. Tucked along the storied curves of CA-49 in the heart of California's Gold Country, this legendary roadhouse has been a gathering place for generations. Where locals pull up a barstool after a long day, strangers find themselves staying for one more round, and the kind of community that can't be manufactured just happens, naturally, the way it always has in the foothills. The building has character you can feel the moment you walk through the door. Worn in all the right ways. Alive in all the ways that matter. Behind the bar, there's a rhythm to this place a history, an energy, a story already written into the walls just waiting for someone with the right vision to write the next one. What makes Peterson's Corner truly rare isn't just the history it's everything that comes with it. A Type 47 ABC Liquor License that simply cannot be replicated in this county. Two three-bedroom, two-bath residences on site, offering flexibility for an owner-operator, on-site management. And bones, solid, honest bones in a building that has stood the test of time along one of California's most traveled historic highways. Whether you're a seasoned operator ready to step into something with roots already down, an investor looking for an asset with real staying power, or a dreamer with a vision for what a historic Gold Country roadhouse could become this place meets you exactly where you are. Peterson's Corner isn't waiting to become something special. It already is. Reach out for a private showing, and the full story behind this one-of-a-kind opportunity.

26130 State Highway 49, North San Juan

Listing courtesy of Century 21 Cornerstone Realty.

$325,000

226072302 MLS

Discover a one-of-a-kind warehouse building with a fascinating history, located just minutes from the heart of Nevada City. Originally built as a firehouse for the Nevada County Consolidated Fire Department, this versatile approximately 1,700 sq. ft. structure offers endless possibilities for its next chapter. The building is equipped with 200-amp electrical service, an existing septic system, water storage tank, chain-driven oversized garage doors, and plumbing hookups for a half bath. Whether you're seeking a workshop, storage facility, industrial space, or exploring the potential for a future residential conversion (buyer to verify with applicable agencies), this property provides a solid foundation for your vision. Enjoy the perfect balance of privacy and convenience, with downtown Nevada City's restaurants, shops, and events just minutes away. Outdoor enthusiasts will appreciate being only 10 minutes from the crystal-clear waters and recreation opportunities of Edwards Crossing on the South Yuba River. Bring your imagination and transform this unique property into something truly specialwithout the expense and effort of starting from the ground up.

14700 N Bloomfield Road, Nevada City

Listing courtesy of RE/MAX Gold.

$3,100,000

226049980 MLS

100 Union St is a 10,630 SF mixed-use asset situated in the heart of historic downtown Nevada City, California. The property is 100% occupied, generating in-place net operating income of $172,134 at a 5.53% going-in capitalization rate, with a projected 6.01% Year 1 cap as contractual rent increases take effect and near-term leases roll to market. Built in 2008, 100 Union St is the newest building in a downtown whose architectural fabric dates to the California Gold Rush. It blends seamlessly into the Victorian streetscape while delivering a level of functionality that no comparable building in the submarket can replicate: proper storefront depths, modern mechanical systems, a passenger elevator, and secured subgrade parking for seven vehicles. Downtown Nevada City has zero remaining developable land. This asset is effectively irreplaceable. The ground floor is anchored by two established, high-traffic restaurant operators: Nourish, a popular sushi restaurant, and Taqueria Taco Loco, a popular taqueria, both featuring outdoor dining in addition to interior seating, activating the streetscape and driving consistent foot traffic to the property. The full rent roll comprises nine tenants across three income streams: three ground-floor retail suites, four professional office suites ranging from 779 to 1,873 SF, and two one-bedroom residential apartments. No single tenant exceeds 18.3% of NRA. In-place rents of $2.10/SF/Mo sit approximately 13% below the weighted average market rent of $2.42/SF/Mo, and a WALT of 1.81 years positions a new owner for near-term mark-to-market across the majority of the rent roll. The property features extremely strong contractual rent growth, as an example, American Rivers (Suite 116, 1,873 SF, and the property's largest tenant) carries a 46.5% aggregate rent increase through October 2028, and portfolio-wide NOI is projected to grow 21.8% from Year 0 to Year 3 through escalations and near-term rollover repricing to market. 100 Union St represents a generational opportunity to acquire a trophy asset in the heart of one of California's most celebrated historic downtowns, with strong in-place income and a clear path for sustained NOI growth and value creation.

100 Union Street, Nevada City

Listing courtesy of Tucker Commercial.

$1,200,000

226039016 MLS

Position your business or investment for success with this rare opportunity to own a prime one-acre commercial/industrial parcel on a high-visibility Grass Valley highway, where thousands of cars pass daily. The property features a new metal building with a large roll-up door, seamlessly connected to an existing building. An on-site office and waiting areas, previously used as living space, adds flexibility for operations or management. With ample usable land, the possibilities here are extensive: mini storage, boat and RV storage (including covered options), feed or supply store, equipment yard, or a variety of other commercial ventures. The level layout provides easy access, excellent exposure, and room to expand or reconfigure to suit your business model. Opportunities like this combining location, usability, and versatility are increasingly hard to find in the Grass Valley market. Owner financing may be available, making this an exceptional investment or owner-user opportunity.

13383 Colfax Highway, Grass Valley

Listing courtesy of Century 21 Cornerstone Realty.

$2,150,000

226012278 MLS

Presenting The Nail Factory, a legendary 15.6-acre live-work compound and one of only twelve properties in Nevada County uniquely zoned for a combination of Residential, Agricultural, and Light Industrial use. This rare asset is located just minutes from the world-famous Yuba River and features a high-capacity industrial park and an expansive residential complex nestled in the Sierra Nevada foothills. The industrial core consists of the 16,500 sqft Madrone Building and the 3,700 sqft Cedars Building, currently housing over 30 rental units and equipped with PGE industrial 3-phase power, a 150kW Caterpillar backup generator, and 150Mb fiber internet. Additional outbuildings include a 1,300 sqft horse barn and a separate 336 sqft permitted shed. The residential compound is anchored by a 3,500 sqft 3 bedroom, 3 bath main home, a 2,200 sqft pool house, a 450 sqft detached granny cottage, and a versatile 5700 sqft Quonset building/ workshop. Beyond the workspace, the western Back Forty offers five acres of pristine forest, nature trails, and 25 level campsites, making it an ideal venue for gatherings or retreats. This is a significant value-add opportunity, as the property is being sold with professional engineering plans and as-built permitting work already in progress with Jackson & Sands Engineering. With its robust infrastructure, established rental income, and one-of-a-kind zoning, The Nail Factory represents a premier investment or creative headquarters in a world-class Northern California location.

14724 N Bloomfield-Graniteville Road, Nevada City

Listing courtesy of eXp Realty of Northern California, Inc..

$695,000

224097800 MLS

Do Not Miss This Opportunity to own a piece of Nevada County History. The Tack Room bar and Grill in Penn Valley is ready for a new owner. This building has so much upside potential with the full bar and restaurant plus a manager's apartment above. This very popular spot has been a local favorite since the mid 1950's.It also boasts the only public liquor bar in Penn Valley. The Downtown area is an up and coming area in Western Nevada County! The business is being sold separately please see listing # 224097776 for details on the business.

17356 Penn Valley Drive, Penn Valley

Listing courtesy of Coldwell Banker Grass Roots Realty.

Start Your Search

metrolist logo

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .