Magnuson Ely Hotel For
1101 Aultman Street, Ely, NV 89301
- Added:
- Feb 18, 2025
- Days on Market:
- 451
- Last Refresh:
- May 15 at 12:06 am
Property Features for 1101 Aultman Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 10
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 7, Bathroom 10, Bathroom 5, Bathroom 6, Bathroom 8, Bathroom 9, Bathroom 4, Bathroom 3
- Window features
- Drapes, Blinds
- Patio and Porch features
- Patio
- Interior features
- WindowTreatments
- Exterior features
- CornerLot, CoveredPatio, Landscaping
- Accessibility
- Accessible Approach with Ramp
- 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, Linoleum
- Building materials
- Block
- Roof type
- Composition, Flat
Listing agent Joe Brown License #S.0195641 (775) 777-5311
Listing office Coldwell Banker Commercial Excel 700 Idaho Street, Elko, NV (775) 738-4078
Listing date Feb 18, 2025
MLS# 3625877
Listing URL
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.
HighLights
- Immediate Revenue Generation: Fully operational hotel ready to generate revenue.
- Prime Location: Situated on the busiest highway (Aultman St./ Hwy 50) with 300ft of frontage, benefiting from high traffic and visibility.
- Strong Demand Drivers: Located in an area known for hunting, recreational activities, and proximity to three large operating mines.
- Fully Furnished Guest Rooms: Features 21 fully furnished guest rooms ready for immediate rental.
- Onsite Manager Quarters: Includes a comfortable 800sf onsite manager's apartment.
- Seller Financing Available: Seller financing options are available for qualified buyers.
Overview
The Magnuson Ely Hotel, including both the business and building, is available for purchase. Situated along Aultman Street/Hwy 50, the busiest highway in town, the property features 300 feet of frontage. The hotel caters to travelers embarking on multi-day journeys across the state, as well as hunters and contractors supporting the area's three large operating copper and gold mines. The Ely Hotel offers 21 fully furnished guest rooms ready for immediate occupancy. The property has been maintained for operational reliability and guest satisfaction. The reception area is staffed by welcoming personnel and includes a breakfast/snack nook. Behind the reception is a large kitchen and office area suitable for food preparation and administrative tasks. An approximately 800 square-foot manager's quarters/apartment is located above the front reception office. The property size is 8,474 square feet. Seller financing options are available for qualified applicants.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Magnuson Hotel Ely
Hotel & Motel
Bruno's
Restaurant
Location Insight
- Map
- Local Demand
- City
- Ely
- County
- White Pine
- State
- Nevada
- Longitude
- -114.886224
- Latitude
- 39.2486841
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Profitable hotel with 21 rooms on busy highway.
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: Immediate Revenue Generation: Fully operational hotel ready to generate revenue.; Prime Location: Situated on the busiest highway (Aultman St./ Hwy 50) with **300ft of frontage**, benefiting from high traffic and visibility.; Strong Demand Drivers: Located in an area known for hunting, recreational activities, and proximity to three large operating mines.
