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    351 Silver St Elko, NV 89801

    For Sale
    $1,225,000

    COMMERCIAL - Other - Elko, NV

    Property size:
    7,289 SF
    Lot size:
    0.17 Acres
    Days on Market:
    329
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 351 Silver St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Window features
    Skylight(s)
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Basement
    Bathrooms
    3
    APN
    001-344-003
    Interior features
    Fireplace, Skylights, VaultedCeilings
    Fireplace
    1
    Size
    7,289 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1948
    Floors in Building
    2
    Building materials
    Stucco, WoodSiding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Coldwell Banker Algerio/Q-Team Realty (775) 738-4078 [email protected]

    Listing agent Aintxane Whitaker (775) 738-4078 License #BS.0001291

    Listing date Jan 11, 2025

    Copyright © 2025 Elko County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant with Real Estate

    This established restaurant, a community staple for over a decade, is available for purchase. The offering includes the business and its assets, FF&E, recipes, menu, name, likeness, websites, social media, and signage. The real estate is also included, featuring 5,026 square feet of usable space on a 7,400-square-foot lot. The property benefits from its own parking lot, with the potential to utilize the corridor for additional parking. The building has a dining floor with an approximate capacity of 160 people and a recently renovated full bar. The upstairs area contains several rooms that were previously rented out, presenting endless possibilities for that space. Recent upgrades throughout the building have created a warm, upscale eatery specializing in classic pasta dishes and other Italian mains, such as steak, chops, and seafood. The business is profitable, and the owner is willing to stay on for a period of time to ensure a smooth transition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Luciano's Italian Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Dreez, Catering Co at the Palladium

    Location Insight

    • Map
    • Local Demand
    City
    Elko
    County
    Elko
    State
    Nevada
    Longitude
    -115.7621732
    Latitude
    40.8299132

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    FAQs

    What type of property is this?
    Restaurant - Profitable restaurant with real estate, FF&E, and renovated bar.
    Where is this restaurant located?
    The property is located at 351 Silver St Elko, NV.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: - Established Profitable Restaurant: Includes business, assets, FF&E, recipes, menu, name, likeness, websites, social media, and signage.; - Real Estate Included: 5,026 sqft building on a 7,400 sqft lot with private parking and additional parking available.; - High Capacity Dining: Features approximately 160-person dining area and a recently renovated full bar.
    (775) 738-4078
    Request Owner's contact information
    351 Silver St Elko, NV 89801
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    Elko, NV 89801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    351 Silver St Elko, NV 89801
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