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19-Room Hotel with Manager Quarters
For Sale
$1,300,000

1101 Aultman Street, Ely, NV 89301

CommercialSale, Ely, NV

Property Size8,474 SF
Price / SF$153.41
Days on Market598

Property Features for 1101 Aultman Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C
Bathrooms 10
Full bathrooms 10
Rooms Bathroom 6, Bathroom 8, Bathroom 4, Bathroom 9, Bathroom 5, Bathroom 7, Bathroom 1, Bathroom 10, Bathroom 3, Bathroom 2
Patio and Porch features Patio
Exterior features CornerLot, CoveredPatio, Landscaping
Accessibility Accessible Approach with Ramp
Subdivision ZX-Other/None
Lot features Landscaped
View City
Standard status Active
APN 001-218-01
Size 8,474 SF

Taxes and HOA fees

Tax Annual Amount 5317

Utilities

Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1945
Flooring type Carpet, Vinyl
Building materials Block
Roof type Asphalt, Membrane
Listing Agency: Coldwell Banker Commercial Excel · Coldwell Banker Real Estate
Listed By: Joe Brown · License #S.0195641
Added: Feb 18, 2025 Changed: Sep 20 Last Checked: Oct 9 at 5:06PM
MLS# 3625877

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

The Magnuson Ely Hotel is an 8,474-square-foot lodging property with 19 furnished guest rooms. The reception area includes staff space, a breakfast and snack nook, and seating for guests. A kitchen and office provide room for food preparation and administrative functions, while an approximately 800-square-foot manager apartment is positioned above the front reception area.

Built in 1945, the property occupies a corner lot with 300 feet of frontage along Aultman Street and Hwy 50 in Ely. Exterior features include a covered patio, landscaping, and an accessible approach with ramp. The building has block construction, vinyl and carpet flooring, electric heating, central air, public water, and asphalt and membrane roofing.

Key Highlights

  • 19 furnished guest rooms
  • 8,474‑square‑foot hotel property built in 1945
  • Approximately 800‑square‑foot manager quarters above reception

Property Analytics

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Current Use

Magnuson Hotel Ely Hotel & Motel Bruno's Restaurant

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby

Demographics for 89301, NV

6,879
Population
2,959
Households
2.3
Avg Household Size
39
Median Age
14%
College-Educated
88%
High-School Grad
2,123.6 sq mi
ZIP Area
3
Density / Sq Mi
$74,695
Median Household Income
$56,076
Median Earnings
$854
Median Rent
$199,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Hotel - Furnished lodging property with guest amenities, administrative space, and an on-site apartment above reception.
Where is this hotel located?
The property is located at 1101 Aultman Street Ely, NV.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 19 furnished guest rooms; 8,474‑square‑foot hotel property built in 1945; Approximately 800‑square‑foot manager quarters above reception
More about this property
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