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    930 Aultman St Ely, NV 89301

    For Sale
    $1,400,000

    COMMERCIAL - Ely, NV

    Property size:
    8,317 SF
    Days on Market:
    290
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 930 Aultman St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Window features
    Blinds
    Rooms
    Bathroom 7, Bathroom 3, Bathroom 8, Bathroom 5, Bathroom 1, Bathroom 4, Bathroom 9, Bathroom 2, Bathroom 10, Bathroom 6
    Bathrooms
    10
    APN
    001-199-05
    Patio and Porch features
    Patio
    Interior features
    HandicapAccess, WindowTreatments
    Exterior features
    CoveredPatio, Landscaping
    Accessibility
    Accessible Approach with Ramp
    Size
    8,317 SF

    Utilities

    Heating system
    Electric (Heating), Space Heater, Baseboard
    Cooling system
    Central Air, Wall Unit(s)

    Building Details

    Year built
    1950
    Floors in Building
    2
    Flooring type
    Linoleum, Carpet
    Building materials
    Block
    Roof type
    Asphalt, Aluminum

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

    Listing agent Joe Brown (775) 738-4078 License #S.0195641

    Listing date Feb 19, 2025

    MLS# 3625876 Listing URL

    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

    Magnuson Hotel in Ely, Nevada

    The Magnuson Hotel, located on Aultman Street/Hwy 50, the main road through Ely, Nevada, is available for purchase. The property features 200 feet of road frontage in the downtown area, known for its murals and history. The Park Vue Hotel includes 19 fully furnished and renovated guest rooms. The renovated office area provides an inviting atmosphere for guests and includes a kitchenette suitable for serving breakfast or snacks. On-site manager's quarters offer complete living accommodations, including a living room, full kitchen, bedrooms, and restrooms. The roof has been replaced. The building size is 8,317 square feet. The property is suited for immediate revenue generation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Magnuson Hotel Park ... Hotel

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ely
    County
    White Pine
    State
    Nevada
    Longitude
    -114.8884128
    Latitude
    39.2489996

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    FAQs

    What type of property is this?
    Hotel - Turnkey hotel with 19 rooms on main highway in Ely.
    Where is this hotel located?
    The property is located at 930 Aultman St Ely, NV.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Established Magnuson Hotel franchise with immediate revenue potential.; - Prime location on Aultman St/Hwy 50 with **200ft of road frontage** in a downtown area.; - **19 fully furnished and renovated guest rooms.**
    (775) 738-4078
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    Ely, NV 89301
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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
    930 Aultman St Ely, NV 89301
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