We have conducted VLBI observations at subparsec resolution of water m
aser and radio continuum emission in the nucleus of the nearby active
galaxy NGC 3079. The 22 GHz maser emission arises in compact (similar
to 0.01 pc at a distance of 16 Mpc) clumps, distributed over similar t
o 2 pc along an axis that is approximately aligned with the major axis
of the galactic disk. The Doppler velocities of the water maser clump
s are consistent with their lying in the inner parsec of a molecular d
isk with a binding mass similar to 10(6) M-circle dot, rotating in the
same sense as the edge-on kiloparsec-scale molecular disk observed in
CO emission. However, the velocity held has a significant nonrotation
al component, which may indicate supersonic turbulence in the disk. Th
is distribution is markedly different from that of water masers in NGC
4258, which trace a nearly perfectly Keplerian rotating disk with a b
inding mass of 3.5 x 10(7) M-circle dot. The 22 GHz radio continuum em
ission in NGC 3079 is dominated by a compact (<0.1 pc) source that is
offset 0.5 pc to the west of the brightest maser feature. No bright ma
ser emission is coincident with a detected compact continuum source. T
his suggests that the large apparent luminosity of the maser is not ca
used by beamed amplification of high brightness temperature continuum
emission. At 8 and 5 GHz, we confirm the presence of two compact conti
nuum sources with a projected separation of 1.5 pc. Both have inverted
spectra between 5 and 8 GHz and steep spectra between 8 and 22 GHz. N
GC 3079 may be a nearby, low-luminosity example of the class of compac
t symmetric gigahertz-peaked spectrum radio sources. We detected a thi
rd continuum component that lies along the same axis as the other two,
strongly suggesting that this galaxy possesses a nuclear jet. Faint m
aser emission was detected near this axis, which may indicate a second
population of masers associated with the jet.