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In reality, they would take all their franchises with them to the grave, like Iwata once stated. Personally I'd probably stop gaming too and stick to old consoles and games.

But, to answer the OP; I think Sony consoles would be the best place for them to go. Assuming Nintendo keeps going like SEGA does and only exists the hardware business while keeping their studios, I don't think they would go multi-plat. Nintendo always fine-tunes their games perfectly to the hardware. Naturally, they do that because they have their own consoles, but I don't think the mindset would stop if they would publish for another console and will want to focus on one console. PC Mario games have been made by the way, but these are rare and from a long time ago. I don't think that'll happen again. Lastly, the Sony and Nintendo fan-bases, even when it doesn't necessarily shows here on VGC, have a lot of overlap I think.

Luckily, nothing of this will ever happen. Nintendo will live on while others come and go .