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Furnished Hotel with 21 Guest Rooms
For Sale
$1,300,000

1101 Aultman Street, Ely, NV 89301

CommercialSale, Ely, NV

Property Size8,474 SF
Price / SF$153.41
Days on Market552

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 1, Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 7, Bathroom 6, Bathroom 10, Bathroom 8, Bathroom 9, 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

Amenities

breakfast/snack nook
kitchen
office area
manager's apartment

Building Details

Year built 1945
Flooring type Carpet, Vinyl
Building materials Block
Roof type Membrane, Asphalt
Listing Agency: Coldwell Banker Commercial Excel · Coldwell Banker Real Estate
Listed By: Joe Brown · License #S.0195641
Added: Feb 18, 2025 Changed: Aug 19 Last Checked: Aug 24 at 1:06AM
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.

This Magnuson-branded Ely hotel offers 21 guest rooms that are fully furnished and set up for rental. The property includes a reception area with a breakfast/snack nook, along with a large kitchen and office space behind reception for food prep and administrative functions. An onsite manager quarters/apartment sits above the front reception office and is approximately 800 SF.

The hotel is located at 1101 Aultman Street on a corner lot with 300 ft of frontage along Aultman St/Hwy 50 in Ely, White Pine County, Nevada. Exterior features include a covered patio, landscaping, and an accessible approach with ramp.

Constructed with block materials and built in 1945, the building is supported by electric heating and central air conditioning. The property is served by public water, with an asphalt and membrane roof.

Key Highlights

  • 21 furnished guest rooms ready for rental
  • 300 ft of frontage along Aultman St/Hwy 50
  • Corner lot with covered patio and landscaping

Property Analytics

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Furnished 21-room hotel with 300 ft frontage along Hwy 50 and corner-lot covered patio.
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: 21 furnished guest rooms ready for rental; 300 ft of frontage along Aultman St/Hwy 50; Corner lot with covered patio and landscaping
More about this property
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